Arjuna Capital's Income & Impact Fund raises $39.7M in open-ended offering
What's the deal? Arjuna CapitalDealroom has a profile for this one. Try Dealroom → has raised $39,737,000 for its Income & Impact FundDealroom has a profile for this one. Try Dealroom →, according to a regulatory filing. The exempt securities offering is open-ended, with no set target, and the $39.7 million reflects capital secured to date.
The structure: The fund is organised as a Delaware limited liability company and classified as a pooled investment fund. Arjuna Capital serves as its promoter and manager, with both entities based at 13 Elm Street, Suite 2, Manchester, Massachusetts.
Who's involved? Four executive officers oversee the fund: Alexander Lamb, Frank Farnum Brown, Natasha Lamb, and Alexandra Ellis. Ellis also acts as portfolio manager and signed the offering notice in that role.
The signal: An indefinite offering lets the fund keep raising capital without a fixed close, giving Arjuna Capital flexibility to add investors over time. The filing confirms the money raised so far but does not detail the fund's strategy or investment targets.
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