Allivate Impact Capital has selected Broadstreet Impact Services as fund administrator for the new Allivate Employee Ownership Fund

CHICAGO, Oct. 7, 2025 /PRNewswire/ -- Allivate Impact Capital^® has selected Broadstreet Impact Services as fund administrator for the new Allivate Employee Ownership Fund, which is designed to support business owners planning for succession, while building long-term wealth and stability for their employees.

Broadstreet is a leading provider of fund administration services for impact fund managers, providing institutional-grade infrastructure in support of efforts that drive positive social, environmental, and economic outcomes nationwide.

"We deliver services to funds that address significant challenges facing many American communities, including the chronic wealth gap that keeps thousands of owners and employees from fully realizing the value of their work," said Chris Rakers, managing director at Broadstreet.

"The Allivate fund is directly aligned with that mission, and we're proud to offer premier fund administration services that are helping it meet important, ambitious goals," he added.

Allivate's Employee Ownership Fund provides subordinated debt to help facilitate employee ownership transitions that preserve jobs and contribute to local economic resilience. Launched last month, the fund will provide capital for business owners who are looking to retire or reduce day-to-day involvement in their businesses and wish to leave their legacy in the hands of the management team and employees who will ensure its continued long-term growth and success.

"Broadstreet's values and track record align closely with Allivate's goal to support business owner successions that create long-term employee wealth," said Noelle St.Clair Lentz, CEO of Allivate Impact Capital. "Their expertise in fund administration and commitment to impact will be critical as we scale the Allivate Employee Ownership Fund and ensure operational excellence while we work to unlock liquidity, preserve legacy and empower employees."

Allivate joins dozens of other Broadstreet partners and clients focused on advancing strong and healthy communities that create economic opportunities for all and support a good quality of life for residents.

• Read more about Broadstreet's fund administration services.
• Learn more about Allivate's impact funds.

About Broadstreet

Broadstreet is an impact financial services company offering fund administration, advisory, and management services. We work with values-aligned investors and fund managers to fuel social, environmental, and economic impact across the country. Our platform supports 43 multi-asset funds, 74 single-asset entities, and $2.4 billion in capital under administration and management—advancing equity and opportunity alongside financial performance. Over more than 20 years, we have developed a client base that values our customizable services platform, fund development experience, impact focus, collaborative partnership approach, and deep sector engagement. For more, visit www.broadstreetimpact.com.

About Allivate Impact Capital

Allivate Impact Capital is an impact investing firm with the goal of delivering attractive risk-adjusted returns from investments while creating measurable positive social impact. Our team uses innovative capital solutions to elevate communities, alleviate poverty, and activate entrepreneurial ecosystems. The company manages capital across asset classes in responsive ways to meet the needs of communities lacking access to funds needed to bring underutilized assets to their full potential. As a subsidiary of Woodforest Financial Group, Allivate Impact Capital leverages a global award-winning, and industry leading Community Development Team to achieve their goals. Learn more at https://allivate.com. Follow us on LinkedIn @Allivate Impact Capital.

Press contacts:

Perashina LaMotte
CCO, Allivate Impact Capital
[email protected]

Ariel Hargrave
VP of Marketing, Broadstreet Impact Services
[email protected]

SOURCE Broadstreet Impact Services