Purpose Futures Fellowship: Emerging Fund Managers - Final Report
Purpose launched the first Purpose Futures Fellowship in fall 2021 to engage with visionary emerging fund managers with the goal of dramatically increasing the scale of capital available for intergenerational community-inclusive businesses and real-estate projects. Over the last year, Purpose worked with eight groups as they designed and launch socially-driven and mission-aligned capital vehicles.
We have had the privilege of working closely with these leaders and see- ing their visions develop. They have advanced personal clarity, organizational vision, and leadership capacity while seeking to catalyze $200m+ into investment vehicles support-
ing shared ownership models. We’ve already made incredible progress together as a com- munity of practice.
On the pages that follow, you will learn more about these leaders and their teams. You will get a deeper understanding of their missions, goals, and accomplishments. While we have come a long way and have much to be proud of, there remain some challenges to address. We will also discuss those in the report that fol- lows. I look forward to speaking with you, and strategizing on our path forward together.
