Arctaris Impact Fund
Managed by Arctaris Impact Investors, LLC · Multifamily, Mixed-use, Retail, Office, Hospitality, Infrastructure, Operating business · Opportunity Zones in Alabama, Colorado, Maine, Maryland, Michigan, New York, Ohio, Pennsylvania, Vermont, District of Columbia
Multi-sector fund deploying private equity into operating businesses plus real estate and infrastructure across OZ tracts in 10 states + DC. Distinguishing feature is the blended-capital structure: first-loss guarantees from foundations (Kresge, ICIC at Harvard) and federal/state partners absorb downside risk that private capital alone usually wouldn't take. 13+ year operating track record across 7 prior private funds. $250K minimum.
Overview
Arctaris Impact Fund deploys private equity into operating businesses alongside real estate and infrastructure across designated Opportunity Zones nationwide. The distinguishing feature is Arctaris's blended-capital structure: first-loss guarantees and other principal protection from philanthropic, government, and community partners de-risk and leverage private capital, designed to widen the bid for capital into underserved communities.
The strategy spans healthcare, hospitality, mixed-use, multifamily, office, retail, infrastructure, and energy. Active deployments span 10 states plus Washington DC, with a 13+ year operating track record across 7 private funds.
At a glance
Targets are sponsor-stated and not guaranteed.
Investment thesis
Blended-capital model is unique in the OZ space: first-loss guarantees from foundations and government partners absorb downside risk that private capital usually wouldn't take alone, while equity returns flow to limited partners.
Institutional and impact credibility: partners include the Kresge Foundation, ICIC (Harvard's Michael Porter initiative), and multiple federal/state agencies — meaningful for retail investors who value diligence signals.
Diversified across sectors (operating businesses + real estate) and geographies, designed to spread execution risk across multiple deals.
Geographic focus
Active deployments across 10 states plus Washington DC; the fund's mandate covers OZs in all 50 states and U.S. territories. Notable exit: sale of a cold-storage facility in a Braddock, PA Opportunity Zone, reported to create 50–100 new jobs.
Investor timeline
Sponsor
Arctaris Impact Investors, LLC , 7 years operating in Opportunity Zones . Boston-based impact-investing firm using first-loss guarantees and other principal protection (via grants/investments from philanthropic, government, and community partners) to de-risk and leverage private capital. 13+ years investing in underserved communities; 7 private funds across US private equity + credit (both debt and OZ equity). Partners include the Kresge Foundation and Harvard Business School Prof. Michael Porter's Initiative for a Competitive Inner City (ICIC), plus multiple foundations and federal/state agencies.
Leadership team
The people responsible for acquiring and managing the fund's assets.
Key risks
- Illiquid for ~10 years. No public market for shares; plan to leave capital invested for a decade.
- Returns are targets, not guarantees. Real estate can underperform; you could receive less than invested.
- Tax benefit requires the full hold. The appreciation exclusion applies only at 10+ years.
- Operating-business exposure adds execution risk beyond typical real-estate-only OZ funds.
- Impact-investing focus targets historically underserved markets where revenue ramps may be slower.
- First-loss protection structure depends on continued participation of philanthropic and government partners.
- Wide geographic and sector mandate increases sponsor concentration risk on Arctaris's investment selection.
- Single-sponsor execution risk. Outcomes depend on Arctaris Impact Investors, LLC's acquisition and management. Past performance does not guarantee future results.
Model your return
Compare this fund's after-tax outcome against paying the tax and investing elsewhere.
Hypothetical scenarios. Not a forecast. Past performance does not predict future results. Target IRR is sponsor-stated; actual returns may differ materially. S&P 500 baseline uses 10% historical nominal; T-bills 4% nominal. State tax: California 13.30%. Federal LTCG 20% + 3.8% NIIT applied to appreciation at exit on non-OZ paths. QROF appreciation tax-free after 10-year hold per IRC § 1400Z-2. Not investment advice; not an offer to sell securities.
Are you Arctaris Impact Investors, LLC?
This listing was compiled from public sources and is unclaimed. Claim it to update fund details, correct any errors, add narrative copy, photos, a fund briefing video, team bios, prior-fund track record, and per-fund verification.
Email contact@opportunityzoneinvest.com →
There is no fee to claim. We respond within one business day.
About this profile
This profile was compiled by OpportunityZoneInvest.com from publicly available sources — including the fund sponsor's own website, public listings, and other public records — to make researching Opportunity Zone funds easier for investors.
The fund sponsor has not yet claimed or reviewed this profile. As a result, some details may be incomplete, out of date, or differ from the sponsor's current offering materials. Figures such as minimums, target returns, hold periods, fund status, and terms should be independently verified directly with the sponsor before making any investment decision.
OpportunityZoneInvest.com is an independent publication and is not affiliated with, endorsed by, or compensated by this fund or its sponsor. Nothing on this page is an offer to sell or a solicitation to buy any security, and nothing here constitutes investment, legal, or tax advice. Always consult the sponsor's official offering documents and your own qualified advisors.
Are you the sponsor? If you'd like to claim this profile, correct any information, or add details (photos, video, team bios, terms, or your deck), contact us at contact@opportunityzoneinvest.com — we're happy to update it.