VANCOUVER, British Columbia, June 10 — Hungerford Properties is announcing the public launch of Seven Generations Growth Fund (“The Fund”), with $75 million CAD to date in committed equity capital. The Fund operates under the Seven Generations Capital brand with the full backing of the Hungerford Properties’ platform.
Similar to Hungerford Properties’ previous real estate value-add Funds, the Fund will leverage Hungerford Properties’ institutional expertise and core values to execute on diversified land developments, while targeting market-rate returns. The Fund’s investment strategy and platform are built to protect capital, de-risk opportunity, and responsibly generate long-term wealth for all stakeholders. Investments will benefit from distinct jurisdictional and legal advantages allowing for strong downside protection and outperformance.
The Fund is also committed to advancing financial inclusion for local partners, becoming a sustainable real assets leader, and ensuring community engagement is a top priority.
The Fund is projected to capitalize 10 to 15 projects, representing thousands of new housing units and hundreds of millions of dollars in economic development. Recognizing that housing remains a critical national priority, the Fund will focus on investing in workforce and market housing, mixed-use projects, and light industrial developments across major urban centers in Canada.
“Our decades of experience in diversified real estate have prepared us to execute this strategy at the highest institutional level,” says Michael Hungerford, Partner at Hungerford Properties and Seven Generations Capital. “By combining our proven development platform with a complimentary focus on Indigenous partnership, we provide the competency and capacity required to deliver market-rate risk-adjusted returns while addressing critical needs in housing and industrial infrastructure across Canada. We are proud to bring this investment vehicle to the market.”
“We have built strong relationships with communities across Canada and within the Fund’s target markets, and we remain deeply committed to nurturing and strengthening these connections over time,” says Andrew Hungerford, Partner at Hungerford Properties and Seven Generations Capital. “Our past projects include a partnership between Seven Generations Capital and Westbank’s First Nation’s Ntityix Development Corporation. The partnership is committed to providing necessary housing opportunities in the Okanagan market for the long-term, and with aligned values in sustainability, we believe this partnership will continue to bring value to our Fund, our partner community and their lands.”
Commitments to date are from endowments, foundations, pensions, fund of funds, economic development corps, trusts and family offices, and include groups such as Royal Bank of Canada (RBC) and the Victoria Foundation.
“Our investment into Seven Generations Capital is rooted in the strength of its platform — decades of institutional real estate experience, purpose-built to bridge mainstream capital with Indigenous land partnerships,” says Barrie Laver, Managing Director, Venture Capital and Private Equity, RBC. “It’s an investment that reflects RBC’s long-term commitment toward reconciliation, guided by RBC Origins and our Reconciliation Action Plan, and part of the bank’s work to co-create meaningful change with Indigenous communities. More importantly, it’s a step forward for Indigenous economic reconciliation, which is the foundation for a future we can all be proud of.”
The Seven Generations Growth Fund remains open for additional commitments until December 2026. The Fund invites accredited investors to participate in this unique investment opportunity. Introduction Capital is the Fund’s Exempt Market Dealer.