B Impact Report

Logo for New Market Funds

New Market Funds

Innovative social finance tools for non-profits, charities and co-operatives
Certified Since: April, 2019
Location: Vancouver, British Columbia, Canada
Sector: Service with Minor Environmental Footprint

Overall B Impact Scoreinfo_outline

115.3

The B Impact Scores are being compared against all businesses that have completed the B Impact Assessment

New Market Funds (NMF) is a multi-fund manager that works to deliver financial returns and lasting community benefit. Utilizing a thematic approach, consistently applying a rigorous investment process and working from the team’s and stakeholders’ experience are all core components of NMF's purposeful performance.

NMF currently manages four impact funds. The NMF Rental Housing Fund I LP provides non-profit partners with equity capital for a critical community need, affordable rental housing. New Commons Development I LP supports New Commons Development, an innovative and disciplined non-profit development company that reduces privatization of community owned assets, revitalizes existing stock and creates new affordable housing and related community assets. The Community Forward Fund (CFF) provides flexible financing opportunities to non-profits, charities and social enterprises in all sectors across Canada. The Canadian Co-operative Investment Fund (CCIF) invests in and lends to co-operative enterprises in all sectors across Canada.

Impact Area Scoresinfo_outline