PAST NEWSLETTERS
2021 Candide Roundup
This last year has challenged every facet of us, and been a prime example of how resilience in the absence of growth is still stagnation. In our pursuit of transformative justice, we commit to changing ourselves, diminishing old wounds, and creating new space for connection.
Olamina Fund Update December 2021
$35M of our $40M loan fund is now serving communities! Two years out from Olamina’s official launch, we’re at a phase of the fund’s evolution where we’re eager to begin sharing more stories of our vibrant portfolio, uplifting the contributions of our Community Advisory Board (CAB), and imaging what else might be possible with the right capital and relationships in our ecosystem!
Fall 2021
This season, we’re in listening and planning mode at Candide Group — strategizing on how we can go deeper in moving the kind of investments that best-in-impact companies and funds deserve. That reflection-work doesn't mean Candide Group has slowed, however. We invite you to check out recent closings we’re proud of, join us in welcoming growth in our team, and help us find the perfect fit for a new role with the Olamina Fund. More below!
Olamina Fund Update June 2021
$28.5M of our $40M fund has been lent out, with 97% of our investments going to BIPOC- and women-led organizations. With the guidance and support of Olamina’s Community Advisory Board (CAB), $11M of that closed in the first five months of 2021; and with existing opportunities, we can now see the path to being fully invested.
Summer 2021
Summer is in full effect, and this season we’re welcoming new people and roles to our team, new spaciousness for self-reflection, and new catalytic opportunities to direct capital toward social change.
2020 RoundUp
Proudly, in 2020 we directed the most capital and delivered what we view as the deepest impact in our firm’s history: nearly $50m into 30 companies and funds, with standout themes emerging like food justice, multi-stakeholder models, fund managers of color, and climate justice.
Fall 2020
As much as our day-to-day work is centered on the private sector, we know that the 2020 election is of critical importance to our collective future — from economic justice to racial equity to environmental safety.
First Olamina Update
We’re so excited to share with you the first round of impact-aligned borrowers in our portfolio, and how they’re caring for their communities.
Olamina: Building Power, Wealth, and Self-Determination in Black Communities
The leaders of the organizations we support put themselves at considerable risk in advocating for their own communities. As resource providers, part of our commitment to Black lives means funding public safety over policing in these communities.
Spring 2020
In the midst of so much uncertainty, we’re fortunate to declare that our work — of directing capital toward the justice-oriented world we want to inhabit — continues, now more critical than ever.
Olamina Fund Update November 2020
As an investment vehicle, private funds like ours are a concrete opportunity to challenge the status quo of power, by rethinking whose voices are centered and who is at the decision-making table.
Candide in Solidarity: Financial Activism for the Movement for Black Lives
In 1964 Malcolm X declared, “the future belongs to those who prepare for it today.” Today is unquestionably that day.
Summer 2019
Over 30 influencers working with Candide Group’s nonprofit arm, Real Money Moves, took action on the issue of big banks financing private prisons, and their role in family detention and mass incarceration
Spring 2019
Candide is proud to have had a great start to 2019, supporting 3 major investments in Q1. As featured below, this work included directing capital to environmental sustainability, innovative entrepreneurs in Mexico, affordable housing, and much more.
2018 Roundup
In 2017, we took the name Candide from the Voltaire novel which speaks to the world’s fundamental struggle between good and evil. From family detention to climate change to #MeToo, 2018 was a year where struggle was front and center for many of us.
Fall 2019
On November 4th, Candide Group & our community came together to celebrate the launch of our new $40m loan fund!