For more than a decade, Arctaris has managed four impact funds that provide capital to operating businesses in low-income communities. In March 2019, Arctaris was awarded $15 million in commitments from the Kresge Foundation to help the firm launch a principal-protected Opportunity Zone fund. The fund plans to make growth equity investments in small- to medium-sized operating businesses in manufacturing, renewable energy, and telecom, in addition to real estate infrastructure.
Fund Size ($)$500,000,000
Date AddedMar 18, 2019 (2 years ago)
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