2014

Incapital Reaches $175 Million in Distribution of Calvert Foundation's Community Investment Notes

CHICAGO and BOCA RATON, Fla., Jan. 16, 2013 /PRNewswire/ -- Incapital announced today that over $175 million of Calvert Foundation's Community Investment Notes has been distributed through Incapital's network of broker-dealers and financial advisors. The Community Investment Note program became available through Incapital in November 2005, providing loans to highly effective organizations that develop or rehabilitate affordable homes, finance small businesses, provide essential community services and create jobs.

Incapital, a leading underwriter and distributor of fixed income and other financial products, has fully integrated Calvert Foundation's Community Investment Notes into its distribution channels, making them widely available through over 200 broker-dealers and thousands of financial advisors. Through this relationship, Community Investment Notes can be seamlessly integrated into an investor's portfolio, and are currently the only retail impact investment available on an electronic exchange.

"It is incredibly important to us to give back to our community and even more rewarding to do so in a way that connects investors to important causes," said Tom Ricketts, Chairman of Incapital. "Incapital's relationship with Calvert Foundation is a prime example of how the public and private sectors can come together to meet social needs and we are proud to be a catalyst for these organizations."

The impact created by the Community Investment Note spans a vast array of organizations and communities in need. It is estimated that these notes have created more than 200,000 jobs in the U.S. and in developing countries, helped to provide over 10,000 affordable homes, and supported more than 5,000 nonprofits, co-ops and social enterprises.

"Impact investing creates a virtuous circle of empowerment, opportunity, and engagement by connecting investors, underprivileged individuals, and communities," said Calvert Foundation President and CEO Lisa Hall. "We are grateful for Incapital's visionary role in moving the impact investment industry forward, and for their commitment to helping us make investment capital available to organizations providing jobs, affordable housing, education, small business loans, and more."

About Incapital

Incapital was founded in 1999 with the mission of providing securities firms and individual investors more efficient access to corporate bonds. While Incapital's expertise in underwriting and distributing investment-grade corporate bonds remains a core competency, the firm now originates and distributes offerings across multiple asset classes. In addition to its broker-dealer and bank partners, Incapital now serves institutional investors and wealth managers. With approximately 150 employees in multiple offices in North America, the firm represents over 300 issuing entities and serves 800+ distribution partners. Incapital continues to provide market leadership with a growing range of product offerings, strong strategic partnerships and innovative technology.

More information about Incapital is available at incapital.com  

Incapital, 200 South Wacker Dr., Suite 3700, Chicago, IL 60606. Phone: 312.379.3700.

1800 North Military Trail, Suite 400, Boca Raton, FL 33431 Phone: 561.361.1100

Securities offered through, and UITs sponsored by, Incapital LLC, Member FINRA/SIPC. Annuities and insurance products offered through Incapital Insurance Services LLC, Member FINRA/SIPC.

About Calvert Foundation

Calvert Foundation empowers investors to empower communities. By offering innovative financial products and services, Calvert Foundation makes it possible for individuals and institutions to invest in helping low-income communities become healthy and prosperous. Through Calvert Foundation's Community Investment Note, investors have created thousands of jobs, classroom seats, affordable homes, and critical services in the U.S. and around the world. Learn more at www.calvertfoundation.org.

Editor's Note: Calvert Foundation is a separate entity from Calvert Investments Ltd. and its products should not be confused with any Calvert Investments-sponsored investment product. In order to avoid confusion and be consistent when referring to Calvert Foundation in print news stories, always use "Calvert Foundation" as opposed to "Calvert" in headlines and subheads.

CONTACT: Beth Leri, +1-212-279-3115 ext. 227, BLeri@prosek.com

SOURCE Incapital



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