Boston, MA, July 13, 2021 – Arctaris Impact Investors, LLC (“Arctaris”) and its affiliate management companies announce the addition of Alan Halfenger as General Counsel & Chief Compliance Officer. Mr. Halfenger brings nearly three decades of legal and compliance experience where he served as Global Chief Compliance Officer at Bain Capital, LP, and in leadership roles at both ACA Compliance and Treliant.
Archive for the ‘News’ Category
Arctaris Announces Opportunity Zone Investment to Develop a Vibrant City Center and Culinary Arts District in Erie, PA, One of the Poorest Zip Codes in America
Erie, PA, June 29, 2021 — Arctaris and local partners fund a grocery store in a food desert, food hall and residential units that will revitalize downtown Erie and generate jobs for women, minorities and refugees.
In conversation with: Arctaris Impact Investors’ Jonathan Tower
Boston, MA, June 4, 2021 Investment Monitor interviews Jonathan Tower, Founder and Managing Partner at Arctaris Impact Investors, where he talks about how the fund is targeting ‘opportunity zones’ in the US to help it ‘build back better.’
Arctaris Publishes 2020 Impact Report
Boston, MA, April 12, 2021 Since 2009, Arctaris has launched and successfully managed six impact investment funds, focusing on high-quality opportunities in underserved U.S. communities. Read about the numerous investments we’ve made in businesses that have added employment and economic value to underserved communities.
Minority-Owned Market Slated for La Cité Location
Baltimore, MD, March 16, 2021 – Market Fresh Gourmet, a minority-owned Maryland-based business, in partnership with Arctaris Impact Fund, a fund focused on building sustainable communities in Baltimore City, will focus on local employment opportunities with recruitment and training efforts through its workforce development programs. The grocer will provide fresh foods and prepared foods along with classes and special events for the neighborhood. As other phases of the Center\West project come online, the grocer will also expand its footprint.
Saddleback Mountain Ski Movie Premiere
March 12, 2021 Saddleback Mountain Ski Movie Premiere: The transformative story and rebirth of a ski mountain which reopened for business in 2020 after a five-year hiatus. Saddleback is a community anchor and employer in Rangeley, Maine, and also home to the most incredible ski terrain in the Northeast.
Pittsburgh suburbs Jeannette, New Kensington and others to benefit from new $20M investment fund
March 10, 2021 Regional news website TribLIVE discusses Arctaris partnership with Richard King Mellon Foundation, which played a significant role in the region’s development for more than seven decades. RKMF helped underwrite everything from Pittsburgh’s original emergence from its status as the Smoky City during Renaissance I in the 1950s to the Digital Foundry, a new high-tech facility in New Kensington’s Corridor of Innovation.
Foundation partners to invest $20M in distressed ‘opportunity zones’ around the region
March 10, 2021 As reported in the Pittsburgh Gazette, the Richard King Mellon Foundation is teaming with a Boston firm to invest $20 million in job initiatives and economic development in distressed communities in Allegheny and Westmoreland counties. The fund will target job creation and economic development initiatives in low-income communities in Allegheny, Westmoreland counties.