Allivate Impact Capital® has partnered with Broadstreet Impact Services as the fund administrator for its newly launched Allivate Employee Ownership Fund. The fund aims to support business owners planning succession while fostering long-term wealth and stability for employees.
Broadstreet, a recognized leader in fund administration for impact-focused managers, brings institutional-grade infrastructure to support initiatives that generate social, environmental, and economic benefits nationwide.
“We deliver services to funds that address significant challenges facing many American communities, including the chronic wealth gap that keeps thousands of owners and employees from fully realizing the value of their work,” said Chris Rakers, managing director at Broadstreet. “The Allivate fund is directly aligned with that mission, and we’re proud to offer premier fund administration services that are helping it meet important, ambitious goals.”
Supporting Business Transitions and Employee Wealth
The Allivate Employee Ownership Fund provides subordinated debt to facilitate employee ownership transitions, helping retiring or semi-retiring business owners leave their legacy in the hands of management teams and employees. This model not only preserves jobs but also strengthens local economic resilience by ensuring continuity and long-term growth.
“Broadstreet’s values and track record align closely with Allivate’s goal to support business owner successions that create long-term employee wealth,” said Noelle St.Clair Lentz, CEO of Allivate Impact Capital. “Their expertise in fund administration and commitment to impact will be critical as we scale the fund and ensure operational excellence while we work to unlock liquidity, preserve legacy, and empower employees.”
A Growing Trend in Impact Investing
Employee ownership funds are part of a broader trend in impact investing, where financial returns are coupled with measurable social outcomes. By structuring succession planning to benefit employees, Allivate is tapping into a growing movement to close the wealth gap, preserve local businesses, and create resilient economic ecosystems.
Allivate joins a roster of Broadstreet partners committed to advancing community well-being and creating opportunities for sustainable economic growth, signaling that impact-driven financial solutions are moving further into the mainstream of capital markets.
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