Our syndication services expand on our existing work to more actively move money to meet the evolving needs of the communities we serve. We aggregate capital from multiple lenders interested in private loans to support the scaling of mission-driven organizations. Calvert Impact targets deals in the range of $30 million-$200 million and often participates as a lender.

As both impact investors and impact markets mature, we see a need for the facilitation of larger, broader, and more efficient flows of capital that can supplement our own lending appetite and are aligned with our lending objectives. Our syndication services create a one-stop solution by originating, structuring, facilitating, and administering loans to mission-driven organizations, easing the capital raising process by connecting them with a syndicate of lenders who are looking for exposure to high-quality, risk-appropriate deals that generate social, environmental and financial returns.

Our syndication services solve one of the growing challenges for institutional lenders looking to lend to mission-driven organizations in today’s marketplace by providing them access to loan products that meet a diverse range of risk/return profiles, geographies, and sectors for their private debt portfolios.

Our syndicated deals are available to institutional lenders only. The minimum commitment is typically $1 million.

Mission-driven organizations seeking larger capital rounds face a complex, time-consuming process that typically requires raising funds from multiple capital sources, increasing transaction costs and timeframes. Our syndication services reduce this headache by structuring a loan on behalf of a larger syndicate of lenders who have expressed interest in financing these types of transactions. This allows the entity raising capital to liaise primarily with one lead lender instead of managing relationships across multiple parties.

Our syndication services are aligned with our overall mission of driving greater private capital participation in mission-driven organizations to create a more equitable and sustainable world. Or, in short, to make impact more investable.

The Community Investment Note® is a retail security available to all US residents. The loan product offered through our syndications service is a commercial loan rather than a security or an investment. The syndicated loan offers lenders the opportunity to lend directly to mission-driven organizations in and outside of our portfolio (allowing the lender to target specific geographies, sectors or businesses), and offers deal-specific terms that differ from the Community Investment Note.

Not at all. In fact, these services are a natural expansion of Calvert Impact Capital’s existing work to more actively aggregate and facilitate capital for the benefit of stronger communities and a resilient planet. Calvert Impact Capital will continue to issue the Community Investment Note to its broad community of investors.

Yes. We have played the role of lead lender and administrative agent, both formally and informally, over the past five years. To-date, Calvert Impact has aggregated and/or administered over $550 million. Our Loan Administration team collectively has over 35 years of experience managing loan portfolios.

We continue to expand the base of lenders participating in our syndicated deals. Any suitable lenders interested in learning more about open deals can direct their inquiries to info@calvertimpact.org and can be added to our distribution list.