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MacArthur Foundation invests in women's safe housing fund

Dec 28, 2020 - Pensions & Investments

John D. and Catherine T. MacArthur Foundation, Chicago, invested $5 million in Women in Safe Homes, a U.K.-based social impact property fund, spokeswoman Maria Speiser confirmed in an email.

The $7.2 billion foundation is one of the initial investors in the new fund managed by U.K. real estate manager Patron Capital Partners and social impact investment company Resonance.

According to a joint news release from the two firms Dec. 17, the fund was created "as a solution to the lack of ...