Community Capital Management backs LEBEC to boost innovative finance in the private impact market

Miami-based LEBEC guides funders and social entrepreneurs on innovative finance strategies and value propositions to multiply their impact, using financial tools across the philanthropy and investment spectrum. The team works to address systemic gaps in clean energy; water, health and food systems; and decarbonization and climate adaptation along the way.

A newly launched investment division, LEBEC Capital Partners, structures and invests in diversified portfolios of private market funds to give investors’ exposure to systemic solutions.

LEBEC has secured a strategic investment from Community Capital Management, a $7 billion public fixed-income impact asset manager that wants more exposure to the private impact market.

“CCM seeks to complement its public markets expertise while supporting new private market capital solutions that address societal needs, including sustainability, infrastructure, health outcomes and economic inclusion,” CCM’s Alyssa Greenspan told ImpactAlpha.

Making the case

Alix Lebec launched LEBEC in 2020 after helping build WaterEquity, a blended capital asset manager for water solutions in emerging markets.

“Innovative finance redesigns how capital flows to solutions building a resilient global economy and planet by strategically deploying the right capital at the right time,” Lebec told ImpactAlpha.

In addition to its capital group, LEBEC has an advisory group and a “narrative change” practice, that advocates for innovative finance through media and entertainment. Its roster of clients include solar irrigation company SunCulture, smallholder agriculture investor Root Capital, and ClimateWorks Foundation.