Venture Fund
With over 50 years of experience as both investors and entrepreneurs, the leadership team at True North Impact is well positioned to identify high potential impact investments and partner with management teams to achieve strong financial results and lasting impact.
Our strong track record enables us to deliver excellent returns and impact for our investors.
The growth of environmental and socially responsible investing has rapidly accelerated in recent years.
Investors are increasingly recognizing the importance of positive impact beyond financial returns and are doubling down on Environmental, Social and Governance (ESG) funds.
This trend is expected to continue in the future: The U.S. alone is predicted to see a more than twofold increase in ESG-mandated assets from $12 trillion in 2018 to $34.5 trillion in 2025.
US SIF Foundation
Our Venture Fund is positioned to address this demand by focusing on three key verticals.
Aging Populations
The Aging Population is one of the greatest demographic challenges of our times and will require private investor participation in a whole-of-society solution.
Learn MoreWomen’s Health
Women’s Healthcare has been chronically underserved in terms of investment and has begun to experience extraordinary growth in recent years.
Learn MoreBehavioural Health
The Digital Behavioural Healthcare market is growing at an 11% CAGR, in line with recent private market interest on mental health ventures - accentuated due to COVID-19.
Learn MoreFeatured Investments
Current
Callaly
Callaly is an innovative period care manufacturer that empowers people through improved products, standards and service.
Upcoming
CareAcademy
CareAcademy combines engaging online caregiver training and easy-to-use technology to empower senior home care professionals and agency owners.
TwentyEight Health
Twentyeight Health is a mission-driven women's health platform, increasing access to healthcare services, starting with birth control.
Deal Economics
16-18% IRR
3.5x MOIC
20-25M
Investment Team
Kai Chen
Partner, Fund Manager
Sam Cui
Principal, MBA
Georgia McCutcheon
Associate, MSc
Lorenzo Magagnin
Associate, MSc
Investment Committee & Management Board
Frank O’Dea
Partner, Chairman
Diana Adachi
Partner, SVP
Louis Desjardins
Partner, SVP
Our Track Record
True North Health
Supplier of 17M N95 masks to the Canadian federal and provincial governments, a deal valued at over $100M.
Spun-off: 2020
Earnings to date: $6.4M
Callaly
UK-based femcare disruptor specializing in innovative, organic period-care producgs.
Year Invested: 2020
Expected MOIC: 3.9X
Stonemont Retirement Living
Real estate developer and operator of retirement facilities in Atlantic Canada, delivering high quality senior care to communities where demand greatly outpaces supply.
Year Invested: 2019
Expected MOIC: 3.5X
ARXX Brazil
Construction materials company bringing to market Insulated Concrete Form (ICF) blocks that offer advantages in energy efficiency, build time, and ease-of-use.
Year Invested: 2018
Expected MOIC: 6X