PRIVATE EQUITY ESG FUND

ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) IMPACT INVESTING

To support the On the Road Lending initiative, Champion created On the Road Sustainability Funds, which fall under the category of ESG impact investing and are structured as private equity LLCs. Impact investors, including individuals, corporations and foundations, have invested capital into the funds, which is then used to finance below-market auto loans for newer (2013-2016) fuel-efficient vehicles for working families. The only vehicles financed by these funds are models that have a low environmental impact, such as Toyota Camrys and Corollas. The average reduction in greenhouse gas emissions and fuel consumption is about 30% over what the client was driving previously, making this fund an ESG investment, that is improving air quality while enabling families to access better jobs and better lives.

Area banks are participating in the loans, providing a valuable partnership that advances their Community Reinvestment Act obligations while expanding the reach of the equity investors in the funds. Investors in the fund are paid a fixed annual dividend, competitive with fixed-income bond yields. A return has been paid to investors every year.

This fund is not a traded security.