Local & Direct Investing
NorthStar clients seeking a more direct impact with their investments invest in a variety of community loan funds and alternative investments. Because loan funds are perceived as riskier than other types of fixed income, NorthStar carefully vets and selects investment opportunities, matching loan funds with clients who have specific interests and appropriate risk tolerance. Examples of partnerships include: Boston Community Capital, Cooperative Fund of New England and Working Capital for Community Needs. We review alternative investments on a case by case basis when opportunities arise, or when guided through our work with individual clients to include alternatives to traditional investment vehicles. We develop long-term relationships with each of the loan funds in which are clients are invested, and have a policy to openly engage with the loan funds as needed.