On June 5, 2024, Raven Indigenous Outcomes Funds (RIOF) announced that it had closed $20.4 million for its first fund out of its goal of $50 million. Investors in the first close included Boann Social Impact, Trottier Family Foundation, Lawson Foundation, the Christensen Fund, and the Sorenson Impact Foundation.
RIOF enables investors to support community-driven initiatives that improve outcomes for Indigenous Peoples across Turtle Island. The fund is targeted to make six to eight investments between $2 million and $7 million in the four years following its final close.
Osler, Hoskin & Harcourt LLP advised RIOF with a team consisting of Laura Webb and Ian Nelson (Emerging and High Growth Companies).
Key Contact
Partner, Emerging and High Growth Companies, Vancouver
Team
Associate, Emerging and High Growth Companies, Vancouver
