An inherent desire to support and improve the communities in which we invest

Our Approach

In today’s evolving landscape, we recognize that delivering strong financial performance is not enough. By working to better understand the impact we can have on the communities, we become smarter, stronger and more successful investors. Our orientation to municipal and public purpose investing has, from our founding, overlapped with Environmental, Social, and Governance (“ESG”) investing. We therefore seek to consider material ESG factors throughout the investment process, including the manner in which we acquire and develop assets, the operating partners we engage, and the improvements we make on-the-ground. Our investment focus seeks to deliver revitalized assets and projects that increase the sustainability of the communities in which we invest. This in turn supports our goal to achieve consistent, risk-adjusted returns for our investors.

Purposeful Investing

Since the firm’s inception, our expertise in revitalizing and financing municipal and public purpose assets has positioned us to be a catalyst for community enhancement. Our investments often are in assets that are essential to the community, including affordable and workforce housing, alternative energy, senior care, infrastructure, and transitional housing. In our stewardship of those assets, we recognize the close connection between enhancing the communities in which they are located and enhancing the value of our portfolio.

Incorporating ESG Into
Our Investment Process

We seek to incorporate key ESG considerations throughout our investment process, with the goal of better managing risk and generating sustainable, long-term returns. We seek to identify which ESG factors are potentially material for the investment and operating partner/borrower based on the relevant sector and nature of the investment (e.g., control-oriented or specialty finance investment). When acquiring an asset, we also seek to consider how the functioning of the asset affects the people of the community on a day to day basis and the degree to which the asset has potential significant environmental or social ramifications to the community. Additionally, we conduct due diligence on prospective operating partners and borrowers to assess their commitment, capacity and track record of addressing relevant ESG factors.

Driving Positive

We have an inherent desire to support and improve public purpose assets. We work with our operating partners and local community stakeholders to improve the quality of life for the people and families living in the communities we invest in. Additionally, we believe environmental sustainability is critical to our goal of creating healthier, more resilient communities. By enhancing the quality of and access to low-income housing, improving care for seniors and filling a void in the development of renewable energy, we believe we can deliver meaningful value for our investors and the communities we invest in.

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Diversity, Equity & Inclusion (“DEI”)

We’re proud to support and cultivate a diverse, equitable and inclusive environment. Our culture supports the growth of our teams, the development of our leadership and the longevity of our firm. Fundamental has a DEI committee tasked with integrating DEI initiatives across the organization, raising awareness, identifying strategic corporate partnerships and implementing a range of programs to increase diversity at all levels. Our firm encourages employee participation and accountability through various Employee Resource Groups.

Giving & Service

Community is at the core of our culture. Fundamental has long recognized the importance of giving back to the community and is committed to supporting various nonprofit organizations through FundyCares, the firm’s charitable contribution and matching program. Whether it be grants or direct service opportunities, we are continually looking for opportunities to support nonprofits whose missions reflect our core values and commitment to community well-being. In addition, our charitable matching program allows employees to amplify their support for select organizations and causes.

Through FundyCares and other giving and service efforts, we aim to promote and support the following three areas that align with our purposeful investing activities:

Environmental Sustainability

Economic Empowerment

Health & Basic Services