Chicago, Illinois – October 1, 2018 – Arctaris Impact Fund, LP, is pleased to announce that Benjamin J. Bornstein has joined the Fund as a Managing Director. Arctaris Impact Fund, LP provides capital to profitable, growth-oriented businesses in underserved regions throughout the U.S., including federally designated Opportunity Zones, with an emphasis on inner cities and targeted rural communities.
Investment in minority-owned Moguldom provided capital for a strategic expansion to the Detroit market created over 10 full time and 50 contract jobs in Michigan. Arctaris’ investment and Moguldum’s growth laid the foundation for its acquisition, which delivered a strong return for investors.
When UP Paper faced rising demand for its Kraft paper produced from 100% recycled material, Arctaris provided a solution to fund rapid growth with $3.0 Million GrowthDebt loan facility.
If you’ve heard that impact investing is growing and that investors are mapping their investments to the Sustainable Development Goals, but wondered if that’s true, now there’s evidence.
It was 2012, and in Pontiac, a group of government and business leaders came to the table to discuss the Strand Theatre. The shuttered, art deco-style cinema house, built in the 1920s, was listed among the assets the bankrupt city was looking to sell.
Impact investing is a central part of a worldwide movement toward investing according to values. At the Global Impact Investing Network (GIIN), we are often encouraged by the results of our Annual Impact Investor Survey findings, pleased to see indicators that the dynamic and evolving impact investing market will realize the potential we envisioned for it years ago.
In 2015, the United Nations laid out its Sustainable Development Goals to track global progress against massive social and environmental challenges like extreme poverty, inequality, and climate change. But hitting those goals will take more than creative public and private partnerships: it will cost money.
Investment enables Michigan-based manufacturer to expand its operations to meet growing demand
VLF Automotive crafts high-end performance cars with luxury acoutrements in Auburn Hills Michigan. With electric car industry veteran Henrik Fisker (the “F” in VLF), the company has found ways to reuse existing technologies to create powerful, new sports cars all the while creating new jobs in Auburn Hills, MI thanks to funding from Arctaris.
Arctaris Michigan Partners, LLC (“Arctaris”), a middle market debt firm, announced the execution of a GrowthDebt credit facility totaling $5.0M for Advanced Composite Technology, Inc. (“ACT” or the “Company”)