The Bethesda, Md.-based Calvert Foundation is launching a new private financing marketplace for impact investing.
Capital Aggregation, announced on Wednesday, marks the birth of a new business line for Calvert Foundation that pools funds from institutional and accredited investors in the form of syndications and participation in fixed-income transactions, enabling investment at-scale into organizations designed to create social and environmental impacts.
“As both impact investors and impact markets have matured, we see a need for the facilitation of larger, broader flows of capital that can supplement our own investment appetite and are aligned with our investment objectives,” said Jennifer Pryce, president and CEO of Calvert Foundation, in released comments. “Calvert Foundation is uniquely suited to catalyze capital flows to meet the growing capital needs of the global communities we serve.”
Calvert will originate, structure, administer and participate in each Capital Aggregation transaction.