Invest With Us
We are a North Carolina Registered Investment Advisor focused on impact
investing in the bond market. Our current investment offerings
include:
Separately Managed Accounts
CRIB Fund – in partnership with CCM
Community-Rooted Impact Bond Fund
Community-Rooted Impact Bond Fund LP (the “Fund”) is a Delaware limited partnership organized in 2026 to operate as a tax-exempt municipal impact bond fund. The Fund’s investment objective is to provide income exempt from federal income tax while simultaneously promoting impactful and sustainable community growth. Next World Assets (NWA) believes that the increasing diversity of municipal credits and risk instruments presents significant investment opportunities of which a sophisticated professional manager can take advantage. The Fund will capitalize on the investing team’s extensive municipal market experience, advanced product knowledge, and substantial structuring capabilities. For more detailed information, click on the link at the bottom of the page.
- Investment Type: All municipal bonds, at least 80% tax exempt
- Investment Strategy: 100% Social impact focused on housing, healthcare, education, environmental and social impact
- Minimum Investment: $1M
- Liquidity: 30 days
- Investor Type: Limited to Qualified Purchasers
Investment Instruments and Selection Principles
Our investment process:
✅ Community Targeting: Identify target communities and issuer universe
✅ Impact and Financial Screening: Conduct initial AIR Metric analysis and financial assessment
✅ Comprehensive Due Diligence: Full credit analysis of use of proceeds and community research
✅ Investment Decision: Final thesis construction and implementation
✅ Ongoing Monitoring: Continuous portfolio monitoring and community engagement
Separately Managed Accounts
Using Activest’s fiscal justice research, we implement an impact strategy focused on geographical and social issues that meet a client’s specific impact goals. Our pilot separately managed account (SMA), the Fiscal Justice Municipal Strategy, invested in municipal bonds that provided access to capital in BIPOC communities in the US. We have since built bespoke portfolios for clients that allow for a location- and issue-specific approach to municipal bond investments, whether in urban or rural communities. Our separately managed account is perfect for the client who wants to identify the places and issues they impact. This enables investors to build an impactful bond portfolio that delivers market-rate returns and liquidity while preserving capital and providing tax-aware income.
We offer a bespoke municipal bond portfolio that meets investors’ impact goals. We are able to adaopt a portfolio to duration desires, credit risk requirements, impact goals, and geographic goals. The portfolio can be as specific as water infrastructure in Mississippi.
Performance of Current SMAs
The challenges are clear, but our collective power—your capital, our disciplined approach, and our community partners’ vision—is demonstrably greater. We’re not just chasing returns; we’re building a more stable, just, and prosperous financial system for everyone. We are proud to report that our municipal impact bond portfolio has grown to over $52.4 million in size, achieving a 4.9% total return since inception (October 2024).
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.