Fund Opening - Bastion fund open to new investors
The SocialAlpha-Bastion impact debt fund was open for the first time to new investors as of 2014.03.31, after 4 years of portfolio and pipeline development with USD 6m of seed capital, and a sustained positive financial and impact performance. Bastion reports to its investors on a quarterly basis, and allows its investors to co-invest an amount similar to their fund commitment, at half the fees.