The Globe and Mail reports in its Tuesday edition that Montreal's Concordia University is investing $25-million in a social impact fund, marking what it says is the largest investment by a Canadian postsecondary institution in a vehicle that prioritizes social and environmental gains alongside financial returns. The Globe's Jeffrey Jones writes that Concordia's InterGenerational Fund is making the investment in Realize Fund I, which is managed by Realize Capital Partners, a subsidiary of impact-investing company Rally Assets. Realize is one of three funds chosen by the federal government in 2023 to manage $400-million in assets aimed at expanding the country's social finance market and attracting more private-sector capital to the effort. Realize's portion was set up with $135-million in public seed capital. The aim is to help the country meet its United Nations sustainable development goals, which focus on areas such as sustainable agriculture, microfinance as well as accessible health care and education. Realize Fund I, which invests in other funds, has attracted $85-million in private capital to date, and has a target $270-million by March, 2026. Among its 17 investors is Bank of Nova Scotia's Roynat Capital.