Great Lakes Capital Fund, Strategic Development Solutions and Economic Innovation International, Inc. (collectively the “Fund Development Team”) are building a $100 million Triple Bottom Line (TBL) private equity investment fund targeted at improving communities in low- to moderate-income areas of the Great Lakes region. We are currently working with government leaders, stakeholders and developers throughout the region to identify those areas that would benefit from direct investment into impactful community and economic development projects.

BENEFITS TO INVESTORS

• 1ST BOTTOM LINE: Risk-adjusted market rates of return
• 2ND BOTTOM LINE: Jobs and economic opportunity in low- and moderate-income communities
• 3RD BOTTOM LINE: Sustainable, green buildings that reduce resource consumption

BENEFITS TO COMMUNITIES

• Revitalizes low- to moderate-income communities through job and wealth creation
• Generates critical tax revenues from newly-productive properties
• Converts abandoned or underutilized properties within underserved communities to productive, beneficial uses
• Cleans up and re-uses blighted and contaminated properties
• Works closely with community stakeholders to identify priority projects

Why the Great Lakes Private Equity Fund I?

Many low- to moderate-income areas in the Great Lakes region lack the investment capital needed to develop impactful real estate development projects. To date, the Great Lakes region has not significantly benefited from Double or Triple Bottom Line Funds, with much of the $15 billion industry focused on the West Coast and the Northeast.

The Great Lakes Private Equity Fund I will provide both equity capital and technical resources to real estate developers seeking to finance real estate projects in low- to moderate-income neighborhoods. Projects will include retail, office, light industrial, housing and mixed-use developments. Investments in these real estate projects are anticipated to provide increased diversification for an investor’s real estate portfolio.

The Fund will invest in real estate projects with sustainable, or “green,” targets and assist developers in reaching sustainability goals. The Fund Development Team is collaborating with green building expert Johnson Controls, Inc. to provide environmental sustainability advice and strategies to the Fund’s developers.

The Fund will also have the ability to seek alternative below-market financing (e.g., foundation program related investments, New Market Tax Credits, Historic Tax Credits, etc.) on a deal-by-deal basis, as needed, to fill gap financing needs on high-impact investments.

The Fund Development Team

The Fund Development Team brings together significant breadth and depth of experience in real estate development and finance.

Great Lakes Capital Fund (GLCF) is a real estate investment firm that has focused historically on affordable housing and economic development projects.  GLCF has invested over $1 billion in 400 properties across Illinois, Indiana, Michigan and Wisconsin.  These investments have resulted in 20,000 homes and 200,000 square feet of commercial space.

Strategic Development Solutions and Economic Innovation International, Inc. have raised and/or developed more than $2 billion in Double and Triple Bottom Line private equity funds across the U.S.

For more information contact Dennis Quinn (313) 841-3751 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it