Canopy Capital

Providing research on regional investment opportunities that achieve community outcomes and put capital to work.
Project platform to help investors identify quality regional investment opportunities.

Investment Beliefs

Communities are their own unique investment ecosystems. Defined by a mix of place, people, values, and believes, every community presents unique challenges , needs and investment opportunities. Canopy exists to create connections between group sand individuals that might not otherwise collaborate who together hold the capital to power up local solutions.

Regions must leverage all types of capital to generate place-based investment solutions. A thriving regional investment ecosystem incorporates strategies that appeal to both equity and debt investors with differing risk tolerance, return expectations, and community priorities.

Investor silos are one of the primary roadblocks to regional investing. Cross-sector partnerships are necessary to unlock capital at a community level. No single investor – public or private – has the necessary mix of domain expertise, investment capacity and community knowledge to tackle the challenges communities face alone. Radical transparency is necessary to ensure investor collaboration.

Local leaders need a voice in developing investment solutions. Investment capital without leadership is not enough to enable true innovation. Local thought leaders and stakeholders provide critical insight and community capital that has historically been overlooked by the global capital markets. Shared governance among local leaders is integral to ensuring coordinated investments align with community generated solutions.

A thriving regional investing ecosystem will require new systems, tools and intermediaries to meet the unique nature of place-based investing. Communities lack the capacity to absorb investments at the scale that drives global capital markets. The same innovation and rigor used to build today’s capital markets can be transformed to develop healthy regional capital markets.

Management for regional outcomes must be included in the design of investment solutions. Metrics serve to quantify social and environmental performance, and are often not sufficiently forward looking. Creating systems to intentionally manage for community outcomes will help foster alignment between investment returns and community priorities.

Now is the right time to test these ideas together and move towards a stronger regional economy. The current imbalance of supply and demand for regional investments presents real opportunity for new collaborations and community driven solutions.

Investment Guidelines

Canopy will focus on private equity and debt investments primarily through commingled funds.

Direct investments and co-investment opportunities will be considered through guarantees, senior loans, subordinated loans, and direct equity investments in regional projects.

There is no limitation on the type of underlying securities (i.e. equity or debt structures) in which the funds invest.

The Pacific Northwest region is defined as the States of Alaska, Washington, Oregon, Idaho, Wyoming, and Montana, the territory north of the San Francisco/San Jose areas with in the State of California, and the Canadian province of British Columbia.

At least 75% of the sponsoring entities (fund managers, capital allocators, etc.) are expected to be located within the Pacific Northwest region.

At least 50% of the capital deployed are expected to be allocated to initiatives, companies or investments within the Pacific Northwest.

Investment Themes

  • Regional community-based strategies, particularly in underserved and rural areas.
  • Disruptive, high growth industries aligned with strengths of the regional economy.
  • Regional food systems, local agriculture, food access and food security.
  • Green real estate and smart growth solutions.
  • Affordable housing and access to basic services.
  • Affordable, accessible and equitable education and job training.
  • Ventures committed to local job creation and retention.
  • Community sourced funding models and public/private partnerships.
  • Access to capital solutions for disconnected communities.
  • Business incubators, accelerators and early-stage companies.
  • Minority/women/Native-owned enterprises.
  • Culturally-linked businesses.
  • Sustainable agriculture, timberlands, and other working landscapes.
  • Enhanced water quality and aquatic habitats.
  • Natural landscapes supporting ecosystem services and conservation.
  • Clean-technologies and low carbon renewable energy solutions.
  • Rural and urban resiliency, climate mitigation, and adaptation.
  • Solutions that mitigate the effects of climate change through carbon sequestration.