BOF Investment Principal Position Brief

Black Opportunity Fund, a charitable foundation focused on advancing socio-economic opportunities for Black Canadian communities, is in the process of launching a $50 million CDN investment fund, which will engage in impact investing in Black-led companies. We are seeking a Managing Partner, who will be responsible for origination, due diligence, execution (including structuring and funding), post-transaction portfolio management and value addition in line with the firm’s investment strategy.

The candidate will assume a lead role in investments, participate in BOF Capital’s investment committee, and play a leadership role in the firm in terms of strategy, governance, business decision-making and fundraising. The candidate will be joining a newly created entity, and will have the opportunity to recruit and build the investment team. As such the candidate is required to have entrepreneurial attributes, and a shared sense of purpose and values with Black Opportunity Fund.

The firm will shortly be raising a new $50 million private equity fund focused on investing in established Black-led companies with growth potential, as well as co-investing in early stage companies with other Black-focused VCs. The firm is also preparing to launch a similar size fund aimed at creating a pathway to homeownership for Black Canadians, through a shared equity model. BOF has already secured a significant commitment of capital from National Bank of Canada, and is in advanced conversations with several other institutional investors for similar commitments.

This is a unique opportunity to build and lead an investment firm with a strong focus on catalyzing social impact and advancing sustainable economic empowerment for Canada’s Black communities.

BOF Investment Principal Profile

Habitat for Humanity GTA Homes

Unlock the benefits of a home of your own now. Habitat for Humanity GTA is offering homes across the Greater Toronto Area, from Oshawa to Brampton, for families, couples and individuals like yourself. If your household income is between $65K and $130K and you are struggling to afford a home in this market, Habitat GTA has a home that may be right for you!

Why partner with Habitat GTA?

  • No down payment: it can take decades to save for a down payment, Habitat GTA’s homes don’t require one.
  • Affordable mortgage: families pay a first mortgage geared to income while Habitat GTA provides a second mortgage to bridge the gap.
  • Peace of mind: you won’t spend more than 32% of your income on shelter, leaving room for building savings, investing in education and more. · Homes available near where you live and work: 58 & 62 Sky Harbour Drive (Brampton), 25 William Street (Brampton), 485 Normandy Street (Oshawa), 423 Old Weston Road (Toronto), 500 Wilson Avenue (Toronto).

Homes Feature:

  • Zero downpayment required
  • 1 – 4 bedrooms
  • 1 – 3 bathrooms
  • 483 – 1530 square feet
  • Parking included at most communities

Minimum Eligibility Requirements:

  • You are employed full-time or full-time equivalent
  • You hold 3 years of consecutive employment history in Canada
  • You are first time homebuyers and cannot afford a purchase on your own

Select homes have been delivered in part by CMHC’s federal funding for first-time homeowner Black families in the GTA. Eligible applicants must have at least one person in their household who identifies as Black when applying for select units.

Ready to apply? We encourage you to learn more about the program, see unit details and start your application: https://habitatgta.ca/homeownership/

Questions? Please contact the Habitat GTA team at families@habitatgta.ca

Habitat GTA Homes – Feb 2024