Boston, MA, December 8, 2021 – Arctaris Impact Investors, LLC (“Arctaris”) is pleased to announce its recent Opportunity Zone investment in a $600 million multi-phased development project spanning the Ward 7 and 8 neighborhoods of Washington, D.C. The project is expected to attract additional capital to the region for inclusive development.
Archive for the ‘News’ Category
Saddleback Mountain Partners with Arctaris and Nexamp on 31-Acre Solar Project
Boston, MA, December 7, 2021 – Saddleback Mountain Ski Resort (“Saddleback”), owned by Arctaris Impact Investors, LLC (“Arctaris”), has engaged with Nexamp for the construction of a new 31-acre community solar farm on its property that will generate 7.36 MW of clean energy. The solar project will offset more than 14 million pounds of carbon annually while reducing Saddleback’s energy costs and adding new operational revenue through a long-term lease agreement.
Arctaris Impact Completes Opportunity Zone Investment in S&K Holdings, Inc. to Expand Access to Quality Home Healthcare
Boston, October 12, 2021 — Arctaris Impact Investors, LLC (“Arctaris”) announces an investment in S&K Holdings, Inc. (“S&K”), the owner of Family Choice Healthcare, a home healthcare company formed in 1996 that provides personal care services for the elderly and disabled with operations in Maryland, New Jersey, Pennsylvania, Virginia and Washington, DC.
Arctaris Launches Southwestern Pennsylvania Opportunity Zone Program; Completes First Regional Investment; Hires Pittsburgh Local Lee Kimball
Boston, September 9, 2021— Arctaris Impact Investors, LLC (“Arctaris”) along with the Richard King Mellon Foundation (“the Foundation”) announce the launch of the Arctaris Southwestern Pennsylvania Opportunity Zone Program and first investment in the region.
Arctaris Announces Hiring of Alan Halfenger, formerly of Bain Capital, as General Counsel & Chief Compliance Officer
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.
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.