SVX Announces New Impact Index+ Issuers
Nine new impact bonds, funds and innovative impact investing products
FOR IMMEDIATE RELEASE
TORONTO, ONTARIO, November 29, 2024 — Today, SVX was proud to announce the newest set of impact investing bonds, funds and innovative impact investing products that have met the Impact Index+ standard. The SVX Impact Index allows investors to access Impact Index+: a group of qualified private impact investment opportunities that have met rigorous impact, governance, and financial requirements.
Nine new products were added to the Impact Index+ this month. These impact investing products span a range of sectors, themes, geographies and product types, from community bonds focused on affordable housing to private equity funds focused on gender equity.
“There is a vibrant and growing range of investment opportunities available for impact investors in Canada,” said Adam Spence, CEO of SVX. “Investors have many more options to expand the impact of their portfolio and to drive social, economic, and environmental justice in their communities and around the world through impact investing.”
The products were reviewed by the SVX team, with valuable input from an Advisory Group of industry professionals. SVX extends its gratitude to the advisors for their thoughtful questions and feedback, which supported the development of the Impact Index+ framework, helping to shape a platform that serves both investors and impact organizations alike.
SVX will be announcing the next round of Impact Index+ issuers in early 2025 representing a new segment of offerings including managed products with public and private securities in their respective portfolios. Further, SVX will also be releasing a market report in early 2025 providing insight on the impact and financial performance of the impact investing product environment.
Issuers on Impact Index+ have met certain requirements or standards in terms of governance, finances, impact, and equity. However, SVX or its advisors do not endorse any investments of any of the organizations, and we do not recommend any investments. The opportunities included in the database are for informational purposes only. They are not intended as investment advice or an offer or solicitation for the purchase or sale of any financial instrument. Please read the full disclaimer below.
Quick Facts
- Thirty-six (36) impact investing products have qualified as SVX Impact Index+ issuers since April 2024.
- The Impact Index data platform provides basic data on over 200 private impact investment opportunities that are accessible to Canadian investors.
- There are over $20 billion in assets dedicated to impact investing in Canada.
Learn more:
- Impact investors can visit the new platform at: https://impactindex.svx.ca/
- You can get a quick overview at: https://svx.ca/svx-impact-index/
- You can read a full primer about the Impact Index here.
- You can learn more about the new Impact Index+ issuers from their profiles below.
EntrepreNorth Fund I
EntrepreNorth: https://www.entreprenorth.ca/
Impact Sector: Affordable Housing
Impact Theme: Affordable Housing and Community Real Estate Innovations and Climate Change & Biodiversity
Headquarters: Yellowknife, Northwest Territories, and Whitehorse, Yukon
Impact Location: Northwest Territories, Yukon, and Nunavut
EntrepreNorth is a purpose-driven initiative focused on empowering Northern Indigenous entrepreneurs to build sustainable businesses and thriving communities. By addressing the systemic barriers created by colonization and limited access to capital, EntrepreNorth champions a non-extractive, community-centered approach to investment. The organization integrates Indigenous worldviews and fosters economic reconciliation to create lasting, intergenerational change across Northern Canada. The EntrepreNorth Impact Fund, a $10 million charitable loan fund, provides flexible, patient capital to Indigenous entrepreneurs. Through its innovative blended capital model, the fund supports scalable businesses in key sectors, while prioritizing relational accountability and measurable impact.
Renewal 5 Investment Fund
Renewal Funds: https://www.renewalfunds.com/
Impact Sector: Clean Tech
Impact Theme: Climate Change & Biodiversity
Headquarters: Vancouver, BC
Impact Location: Global
Renewal Funds is a Vancouver-based venture capital firm that focuses on early-stage growth investments. With a total of $240 million in assets under management across three funds — Renewal2 ($35 million, launched in 2010), Renewal3 ($63 million, launched in 2014), and Renewal4 ($145 million, launched in 2019) — Renewal Funds is now preparing to launch its next fund, Renewal5. This new fund will focus on deploying catalytic capital into innovative enterprise technologies and scalable consumer platforms, under the guidance of a next-generation team.
In response to the urgent environmental challenges facing our planet, including climate change, resource depletion, and the impacts of intensive agriculture, Renewal5 will prioritize investments that drive systemic change across key areas:
· Supporting governments and businesses in transitioning to zero-emissions systems and infrastructure.
· Harnessing consumer demand to promote sustainable consumption and production.
· Protecting natural resources, ecosystems, and biodiversity.
Kensington Community Bond
Kensington Community Land Trust: https://kmclt.ca/
Impact Sector: Affordable Housing
Impact Theme: Affordable Housing and Community Real Estate Innovations
Headquarters: Toronto
Impact Location: Ontario
The Kensington Market Community Land Trust (KMCLT), incorporated in 2017, is a community-based nonprofit corporation issuing community bonds to finance the acquisition of a second property. KMCLT owns and directly operates a mixed-use building with 12 residential units at a wide range of affordability. In 2022, the organization was announced as a recipient of the Canadian Housing and Mortgage Corporation’s National Demonstrations Project, which features land assembly and community land trust (CLT) solutions for affordable housing provision across Canada. KMCLT is focused on acquiring either a residential or mixed-use property (residential with commercial space) in or near Kensington Market.
The Regenerative Capital Group (RCG) Fund I
The Regenerative Capital Group (RCG): https://www.regenerativecapitalgroup.com/
Impact Sector: Multi-Sector
Impact Theme: Multi-Theme
Headquarters: Toronto
Impact Location: Canada
The Regenerative Capital Group (RCG) is a Canadian investment fund dedicated to transforming small and medium-sized enterprises (SMEs) during ownership transitions into purpose-driven, regenerative businesses. By leveraging a search fund model, RCG supports entrepreneurial leaders, known as CEOs in Residence, with capital, mentorship, and resources to implement sustainable and socially impactful strategies. The fund prioritizes environmental and social value creation, aligning business operations with regenerative principles such as reducing greenhouse gas emissions, fostering employee well-being, and enhancing community impact.
The Hope and Homes Hamilton Community Bond
Indwell Community Homes: https://indwell.ca/
Impact Sector: Affordable Housing
Impact Theme: Affordable Housing and Community Real Estate Innovations
Headquarters: Hamilton
Impact Location: Ontario
Indwell is a Hamilton-based charity dedicated to developing affordable and supportive housing for individuals facing challenges such as mental health issues, homelessness, and housing insecurity. The Hope and Homes Hamilton Community Bond is a financing tool designed to provide early-stage capital for pre-development activities, including site acquisition, environmental assessments, and permitting, to prepare housing projects to be shovel-ready and receive long-term funding. The initiative focuses on creating accessible housing solutions that integrate supportive services and prioritize sustainability, including reducing greenhouse gas emissions. Indwell’s work addresses critical gaps in Ontario’s housing landscape while emphasizing community collaboration and operational sustainability.
Green & Affordable Housing Fund IV
Theia Partners: https://theiapartners.com/
Impact Sector: Affordable Housing
Impact Theme: Affordable Housing and Community Real Estate Innovations
Headquarters: Ottawa
Impact Location: Ontario & Québec
Theia Partners is a Canadian investment firm focused on addressing housing challenges, with an emphasis on multi-family residential properties primarily in the Ottawa-Gatineau region. Through its Green & Affordable Housing Fund IV, the firm aims to acquire and manage properties to enhance housing affordability while integrating sustainability principles. Its strategy includes off-market acquisitions, conservative leverage, and energy efficiency enhancements. Theia Partners emphasizes ethical property management, tenant protection, and a commitment to improving the quality of housing stock. With a proven track record in real estate investment and development, the firm seeks to balance social responsibility with competitive financial performance, offering a scalable approach to addressing housing needs in Canada.
Audaxa Ventures Fund
Audaxa Ventures: https://audaxaventures.com/
Impact Sector: Multi-Sector
Impact Theme: Multi-Theme
Headquarters: Vancouver
Impact Location: Global
Audaxa Ventures invests in tech solutions at the intersection of climate and health — led by women and non-binary founders. The fund prioritizes investments that not only improve the world and our communities but also provide portfolio companies with the market access needed to expand their ventures and foster growth. Audaxa Ventures believes these founders excel at leading disruptive early-stage tech innovations and seeks to yield inclusive and sustainable solutions, profound societal impact, enhanced health outcomes, environmental resilience, and global community empowerment. Audaxa Ventures’ journey is driven by a commitment to equity, sustainability, and the belief that true innovation flourishes when underrepresented voices are heard, supported, and elevated.
Misfit Ventures Fund I
Misfit Ventures: https://themisfits.vc/
Impact Sector: Multi-Sector
Impact Theme: Gender and Racial Equity and Inclusion
Headquarters: Vancouver
Impact Location: Global
Founded in 2024, Misfit Ventures is Canada’s first and North America’s largest LGBT+ fund. Its mission is to invest in LGBT+ led pre-seed and seed stage startups across all sectors with proven traction and untapped potential. Focusing investment on LGBT+ founders provides access to an untapped, top performing, under supported, and resilient demographic. Its vision is to position these founders at the heart of a growing ecosystem and showcase their investability globally. With a team with track records in venture capital and as serial entrepreneurs, Misfits’ aims to support the growth of its portfolio companies’ founders and reduce inequalities.
Sarona Global Growth Markets Fund 3
Sarona Asset Management: https://www.saronafund.com/
Impact Sector: Multi-Sector
Impact Theme: Multi-Theme
Headquarters: Kitchener
Impact Location: Global
Sarona has a singular expertise — investing in private companies in emerging markets. Its team is focused on lower mid-market companies that serve the rising middle class, investing both directly and through local funds and intermediaries. Sarona is committed to achieving strong financial returns for its investors. This commitment is embodied in all of Sarona’s investment strategies. Sarona seeks to create deep and lasting impact wherever it invests. Sarona believes that applying social and environmental values to each investment decision builds a better world for current and future generations. Sarona’s active funds focus on growth equity investments in small and medium-sized enterprises that serve the emerging middle class in global growth markets leveraging insights gained over nearly 15 years. The team aims to create a diversified portfolio of over 90 companies with strong potential for both returns and impact.
Explore impact investment opportunities available to you and discover how your investments can create tangible change for communities and the planet.
Get started for free today on the SVX Impact Index and sign-up here.
Media Contacts
Gabriella Yapp
Communications Associate | SVX
gabriella.yapp@svx.ca
Helen Zhou
Manager, Education & Technology | SVX
helen.zhou@svx.ca
Adam Spence
Chief Executive Officer | SVX
E: adam.spence@svx.ca
About SVX Canada
SVX’s mission is to advance social, environmental and economic justice through impact investing. As a nonprofit, diversified financial services firm, we work with investors, funds, enterprises, and institutions to help them take the first step or next step on their impact journey. We provide knowledge products and programs, design strategies and products, manage funds, operate an impact investing platform, and develop systems change solutions.
We work across sectors that deliver meaningful impact: climate, food, equity, housing, and community real estate. SVX is regulated by the Ontario Securities Commission and it is registered as an Exempt Market Dealer (EMD) in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec. We have partners and operations across Canada, as well as in the US, Mexico, and Colombia. For more information, please visit www.svx.ca.
Full Disclaimer
SVX is registered as an Exempt Market Dealer (EMD) under applicable securities legislation in Ontario, Québec, Alberta, British Columbia, Manitoba, and Saskatchewan; however, no securities regulatory authority has approved or expressed an opinion about the securities offered on the platform.
The opportunities included in the database are for informational purposes only. They are not intended as investment advice or an offer or solicitation for the purchase or sale of any financial instrument.
Investing in the exempt market has significant risk. You should be aware of these risks, and as appropriate, consult with appropriate financial professionals to support your decision-making processes.
For those issuers included in the general Impact Index database: we have not completed due diligence on these opportunities, including any qualified, non-reliance based analysis or specific work required for meeting Know Your Product (KYP) standards that could support investment decision-making. Further, we cannot verify or disprove any statements made by issuers regarding current or past financial or impact performance, or any of the specific stated financial or impact metrics or objectives.
The Impact Index and Impact Index+ not designed to be a replacement for due diligence. However, it is hoped that it makes that process much more efficient for investors and issuers alike.
Issuers on Impact Index+ have met certain requirements or standards in terms of governance, finances, impact, and equity. However, SVX or its advisors do not endorse any investments of any of the organizations, and we do not recommend any investments.
