RSF Social Investment Fund, Inc. (RSF) has completed the initial closing of its CUSIP-assigned Broker Notes, securing gross proceeds of $5,420,000. This development aims to simplify how investors can align their capital with social impact goals.
The Broker Notes are listed on Bloomberg, with Performance Trust Capital Partners, LLC, a FINRA-registered broker-dealer, serving as the exclusive bookrunner. This listing on the electronic brokerage market is intended to enhance accessibility for a broader range of investors.
The three-year Broker Notes offer a fixed interest rate of 3.5% per annum and require a minimum investment of $5,000. These notes provide access to RSF’s 40-year-old Social Investment Fund, which channels catalytic capital into social enterprises focused on climate and energy, food and agriculture, education, and community impact.
The assignment of a CUSIP number to the Broker Notes has streamlined the onboarding process. This eliminates previous manual hurdles that restricted access for registered broker-dealers, investment advisors, institutions, and asset managers, making the investment format more scalable.
Jasper van Brakel, RSF president and CEO, stated that the launch marks a transformative moment for the organization. He noted that by integrating the Broker Notes into the electronic brokerage market, RSF has made it significantly easier for investors to pursue their impact goals. Van Brakel added that the Broker Notes represent a powerful tool that aligns with RSF’s mission while extending its reach to wealth advisors committed to driving social and environmental change.
RSF plans to offer the new Broker Notes on a continuous basis as it seeks to expand its Social Investment Fund over the next five years. Since 1984, RSF has focused on innovating finance tools and investing in areas such as healthier food systems, cleaner climates, and education, aiming to mobilize money for positive societal impact.
