Portfolio Investments

With Realize Fund I, we aim to invest in a way that accelerates social equity in Canada and builds the social finance market. We recognize this is an ambitious goal. Inequity is pervasive and deeply rooted, with many complex, often interconnected, causes. To make meaningful progress towards realizing social equity, we need an investment approach as multifaceted as the problem. We need to invest in initiatives that tackle inequity from different perspectives and positively reinforce one another to strengthen individual, community and environmental outcomes.

We’re building the portfolio to do just that.

The portfolio will continue to be built over the next couple of years.

“This set of investments by Realize Capital Partners is integral to making positive impacts for Canadians and local communities.”

– Jenna Sudds, Minister of Families, Children, and Social Development

An Interconnected Approach to Tackling Inequity

The Investments

Maximizing impact through a mix of new, emerging and established product issuers thinking intentionally about who they invest in as well as the impact aims of the investees. Maximizing investable opportunities through a mix of private equity, venture capital, private credit and community investing.

These investments align to the four themes established for Rally Assets’ other funds (Rally Global Equities Impact Fund and Rally Total Impact Fund):

  • Addressing Climate Change: In this theme, we seek investments with a direct and strong influence on lowering carbon emissions at different scales
  • Advancing Social Equity: In this theme we focus on investments that dismantle the barriers hindering full and equitable participation in society’s economic, social and political spheres
  • Preserving and Restoring Natural Capital: In this theme we seek investments that help to lower demand on natural capital. We seek various positive and transformative shifts across different industries and scales
  • Sustainably Meeting Basic Needs: In this theme we focus on investments that create a foundation upon which people can build a stable life

Amplify Capital is an established woman-led fund manager with a record of working to strengthen Canada’s impact investing sector.

Amplify Capital Fund III aims to invest in 20-25 early-stage technologies focused on delivering positive climate, health and education benefits. We believe this fund will help tackle climate change and also improve people’s health outcomes and job opportunities.

Idealist Capital is a newly established private equity fund manager. Idealist Climate Impact Fund I aims to invest in about 10 growth-stage companies across Canada that are decarbonizing the power supply, electrifying transportation, supporting the transition to a circular economy and decarbonizing industrials. The fund has an impact measurement framework in place to measure reductions in carbon emissions. We believe that by helping to scale commercially ready solutions, this fund will help to tackle climate change.

Jubilee Fund is an established, community-based fund manager providing loans to nonprofits and social enterprises in Manitoba.

With its latest capital raise, it aims to extend its community lending program to additional beneficial initiatives like childcare centres, cultural centres, affordable housing, community hubs and social enterprise growth. We believe this fund will help to improve livelihoods, the social determinants of health and community cohesion.

Maple Bridge Ventures is an immigrant-led, first-time fund manager.

Maple Bridge Ventures Fund I aims to invest in 12-15 Canadian ventures led by immigrants, with a focus on health and sustainability technology. We believe this fund will help to diversify the social finance market and create greater opportunities for equity-deserving groups.

New Market Funds is an established fund manager

NMF Rental Housing Fund II partners with nonprofits across Canada to take ownership of and improve existing housing stock and to create new affordable housing developments. The fund has set impact targets around rental affordability and carbon emissions reductions. We believe this fund will improve livelihoods, strengthen social purpose organizations and help to tackle climate change.

PaceZero Capital Partners is an emerging private credit fund manager.

PaceZero Sustainable Credit Fund II aims to support 16-20 early-stage Canadian companies in developing and commercializing their technologies to deliver positive social and environmental impact. The fund’s impact framework is aligned to global standards. We believe this fund will create significant and far-reaching environmental benefits.

Raven Indigenous Capital Partners is an established Indigenous-led fund manager.

Raven Indigenous Opportunities Fund I aims to provide follow-on capital to ~6 rapidly scaling impact-focused Indigenous enterprises across Canada for whom there is limited access to culturally safe capital. We believe this fund will catalyze and diversify the social finance market and support economic reconciliation.

Relentless Pursuit Management is an emerging woman-led fund manager.

Fund II, the Relentless Health Pursuit Fund, aims to invest in 12-15 early-stage companies led by members of equity-deserving groups that are developing technologies to address gaps in preventative health and chronic disease management addressing common chronic conditions associated with aging. Relentless has a strong focus on impact assessment and measurement. We believe this fund will diversify the social finance market and improve people’s physical and mental well-being.

NYA Ventures Inc is an emerging woman-led fund manager.

Its fund, The51 Food and AgTech Fund I, aims to invest in about 25 Canadian tech companies led by diverse teams, addressing climate challenges by reducing emissions and improving sustainability in the food and agriculture sectors. We believe this fund will diversify the social finance market and help build resilience in the food system.

Windmill Microlending is an established woman-led product issuer.

Windmill Microlending’s Community Bond provides loans to foreign-trained professionals in Canada to enable them to work in the field they trained in before coming to Canada. We believe this fund will improve individual outcomes and strengthen social cohesion.