Candide Group

Web Name: Candide Group

WebSite: http://www.candidegroup.com

ID:319009

Keywords:

Candide,Group

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Candide Group supports families, foundations, and other investors who want to flow their money to social justice-focused companies, funds, and vital organizations building a new economy.

Taking action to move money at scale

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Community collaboration and accountability

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Investment flexibility, creativity and accessibility

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Listening, learning and story sharing with humility

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Racial, gender, economic and climate justice

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Taking action to move money at scale 〰️ Community collaboration and accountability 〰️ Investment flexibility, creativity and accessibility 〰️ Listening, learning and story sharing with humility 〰️ Racial, gender, economic and climate justice 〰️


As a Registered Investment Advisor, our duty is to prioritize clients’ interests to align with positive social change. Learn more about our client relationships here.


Recently Supported Investments

Portfolio List

Helping communities, non-profits, and municipalities develop affordable community supported solar projects across West Virginia.

PosiGen provides renewable energy systems and energy efficiency retrofits to low-to-moderate income homeowners.

The Ruthless for Good Fund is directed by Camelback Ventures. CBV seeks to increase access to opportunities for BIPOC and women entrepreneurs by investing in their ventures and leadership.

Imperative Fund LP is Imperative Advisors LLC’s associated company for the implementation of its credit instrument model. In partnership with a development finance institution, Imperative Fund LP is expected to rank as one of the top-five largest providers of housing credits for the years 2022 – 2024 in its current market of operations.

MaC Venture Capital is a seed-stage venture capital firm that invests in technology startups leveraging shifts in cultural trends and behaviors.

Born and raised in the East Bay, Firebrand is committed to serving the community both as an employer and as a local artisan bakery. Firebrand is committed to hiring formerly incarcerated and homeless people. The investment was designed to include workers in profit sharing alongside investors, and to transfer partial ownership of the company into a Purpose Trust to ensure long-term mission preservation.

Ultranauts provides onshore quality engineering and assurance services to F500 enterprises, hyper-growth startups, and top-tier digital consultancies. Their cognitively diverse teams, 75% of whom are on the autism spectrum, are uniquely equipped to improve data and software quality across a wide range of industries undergoing digital transformation.

Lendable provides capital to emerging and frontier market fintech companies and provides technology, asset management, and advisory services to leading investors.

Bringing flexible patient, capital to invest with innovative, scalable, purpose-driven Indigenous social enterprises in Canada and the United States who are at an early-and-growth stage.

Working Power seeks to reinvest in healthy, economically resilient neighborhoods while meeting the needs of investors.

The investment highlighted here represents allocated investments up to August 2022. For more information on all of our recommendations, please see the link below.

View all investments

Recent Candide Group Newsletters

Featured
2021 Candide Roundup

This last year has challenged every facet of us, and been a prime example of how resilience in the absence of growth is still stagnation. In our pursuit of transformative justice, we commit to changing ourselves, diminishing old wounds, and creating new space for connection.

Olamina Fund Update December 2021

$35M of our $40M loan fund is now serving communities! Two years out from Olamina’s official launch, we’re at a phase of the fund’s evolution where we’re eager to begin sharing more stories of our vibrant portfolio, uplifting the contributions of our Community Advisory Board (CAB), and imaging what else might be possible with the right capital and relationships in our ecosystem.

Fall 2021

This season, we’re in listening and planning mode at Candide Group — strategizing on how we can go deeper in moving the kind of investments that best-in-impact companies and funds deserve. That reflection-work doesn't mean Candide Group has slowed, however. We invite you to check out recent closings we’re proud of, join us in welcoming growth in our team, and help us find the perfect fit for a new role with the Olamina Fund. More below!

Olamina Fund Update June 2021

Today we announce two pieces of exciting news.

The first is that $28.5M of our $40M fund has been lent out, with 97% of our investments going to BIPOC- and women-led organizations. With the guidance and support of Olamina’s Community Advisory Board (CAB), $11M of that closed in the first five months of 2021; and with existing opportunities, we can now see the path to being fully invested.

Summer 2021

Summer is in full effect, and this season we’re welcoming new people and roles to our team, new spaciousness for self-reflection, and new catalytic opportunities to direct capital toward social change.

We undertake no obligation to publicly update or review any newsletters posted here, whether as a result of new information, future developments or otherwise.

See all Past Newsletters

“Let us cultivate our garden.”

Voltaire | Candide

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