Given that the Austin Housing Conservancy Fund (AHC) is a first-of-its-kind social impact, open ended, private equity fund with an important ambitious and highly visible mission, its non-profit sponsor, Affordable Central Texas (ACT), felt an added burden to demonstrate its competency as an investment management organization.
Backstop Solutions has brought a level of professionalism to ACT and provided a central resource that serves both internal staff and external investors.
- Better supervision of investments
- Stronger communications with investors
- Greater transparency
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