INVESTING IN THE PUBLIC GOOD BY PRICING OUT SYSTEMIC BIAS
We help communities build better by providing access to capital and eliminating mispriced risk.
Our Model
- We partner with institutional investors, family offices, and high net worth individuals interested in leveraging their investments to generate impact and returns.
- We invest capital to communities and institutions that have traditionally lacked access to capital like majority-Black cities, health centers, and Historically Black Colleges and Universities
- Our fiscal justice analysis, the bedrock of investment thesis, focuses on long-term benefits to residents and communities that lead to long-term financial health
The Access Gap
The challenges that marginalized communities face—infringement on local autonomy, underfunding of essential services, and structural bias in capital access—make the work of Next World Assets (NWA) more critical than ever.
The Solution
We invest in communities that the bond market has historically denied capital. Our investments help Historically Black Colleges and Universities (HBCUs) lower their capital costs, help cities rebuild vital water infrastructure, and will soon help hospitals and clinics deliver better maternal health outcomes.
Mispriced Risk
The current approach to risk analysis in municipal markets overprices demographic makeup—meaning the browner the city, the lower the bond rating—and underprices social inequities. Financial markets don’t account for how underinvestment in critical community needs—such as affordable housing, maternal and child health, quality education, and clean water—creates financial risks that ultimately harm communities. Furthermore, extractive revenue policies that depend disproportionately on fines and fees create risks that standard credit ratings don’t incorporate.
Early Results and Impact for Separately Managed Accounts: AUM, return, communities served
4.9%
Total Return Since Inception
$52.4Million+
Total Portfolio
44%
Allocation to Essential Water Infrastructure
18%
Allocation to Educational Infrastructure (including HBCUs)
Next World Assets is registered as an investment adviser with the North Carolina Securities Division. Registration does not imply a certain level of skill or training. This communication is not an offer or solicitation to buy or sell any security and does not constitute investment advice. Past performance is not indicative of future results. Please refer to Next World Asset’s Form ADV for important disclosures regarding our advisory services, fees, and conflicts of interest.