New Market Funds is a multi-fund manager with over five years of experience supporting and building Canada’s social finance sector in a collaborative, innovative, and community-driven way. Focused on purposeful performance to support community needs, including affordable housing equity and community lending, the NMFI platform acts in three ways: the Community Forward Fund (CFF), the Canadian Co-operative Investment Fund (CCIF), as well as the non-profit developer New Commons Development. Today, the growing NMFI platform connects $65 million of private capital from over 70 investors to non-profits, charities, and co-operatives across Canada.
New Market Funds looks to support the growth of Canada’s social finance intermediaries through three sub-projects:
- The National Impact Investment Practitioner’s Table, a pan-Canadian practitioner-led community of practice, looking to assess and identify trends, emerging needs, and best practices in the social finance sector to improve intermediary service delivery.
- Expanding Access to Impact Investment, a research project focused on the market development strategy to engage and enable non-institutional investors in Canada.
- Small Communities Initiative, with the aim of supporting rural, remote, and Indigenous small community intermediaries and service delivery partners in attracting, structuring, and growing community investments.