Scarab Funds is a family of impact strategies managed by 3Sisters Sustainable Management, LLC (3Sisters), a Registered Investment Advisor since 2011. Offerings include short duration microfinance, high yield private debt, a diversified real asset fund, public impact stocks and a developing series of private equity strategies. Investors seeking to transition to positive impact investing through funds, direct investments and separately managed accounts (SMAs) look to 3Sisters to achieve dual objectives – risk appropriate returns and impact.
Scarab Funds’ team evaluates the sustainability of a prospective investment beginning by considering the inherent benefits of the product or service. We then prioritizes natural, renewable and regenerative solutions over solutions that depend on extraction, chemical compounds and the general degradation of nature or the exploitation of people.
A liquid impact fund based on the vision that the stock market will increasingly value products and services that are beneficial to society and the environment. The core philosophy of the Fund is to achieve long term positive return by focusing on Risk, Return and Impact (RRI) with the highest possible standard of social responsibility using CSRHub.com ratings . Though the fund owns a mix of market caps and geographies, through a mean reversion strategy and light hedging opportunities we expect to perform in line with the S&P 500 Index or better.
A women-owned and managed $200MM venture stage private equity impact fund targeting technology to invest in companies that provide behavioral, mental and physical health, education, resource conservation and energy-efficiency innovations. The Sandy River Charitable Foundation is the first committed LP toward a $20MM first close aimed at early Fall 2017.
An open-ended or “evergreen” impact fund with a ten year rolling holding period. The fund invests in sustainable timber, green real estate, sustainable agriculture, and energy efficiency. SGRA can make direct or fund investments and is currently looking for innovations in resilient infrastructure and renewable energy.
An impact fund that makes direct private loans of short to medium duration focusing on strong leadership with innovative solutions in any global region, but primarily in the United States. The fund may co-invest with established lenders and well regarded funds. It serves as an alternative to high yield bond funds, and when possible and appropriate, equity like “kickers” can boost performance to surpass traditional alternatives. The Fund’s direct loans are all secured with strong collateral and/or verified guarantees.
