Our Clients' IMPACT
Jobs Created
Construction Jobs Created
$1 Billion
CATALYZED ADDITIONAL INVESTMENTS
INTO LOW INCOME COMMUNITIES
$409 Million
INVESTMENTS FACILITATED
INTO LOW INCOME COMMUNITIES
$187 Million
INVESTMENTS FACILITATED
INTO LOW INCOME RURAL COMMUNITIES
Square feet of Real estate
Weave works where government, private, and philanthropic capital come together.
After being involved with some the first deals ever closed with New Markets Tax Credits in 2004, Ed had gained the experience and network to make a move from the Community Development Entity (CDE) side of the NMTC industry to working with companies and projects as they sought to compete for NMTC funding from CDEs, beginning in 2012.
He pursued the opportunity to choose projects and clients he wanted to work with; choosing based on project impacts and need of financing, rather than simply revenue potential and ease.
Since then, Weave’s NMTC work has focused on quality job creating, clean/green tech manufacturing companies and non-profit sponsored or mission driven real estate projects that directly benefit low income communities.
Beginning in 2015, Weave expanded into impact investing and affordable housing finance with clients in the public, private, and philanthropic sectors, and continues to work in arenas where all three sectors come together.
In 2021, Weave incubated and launched the Colorado Housing Accelerator Initiative was launched to create private debt and equity funds to support affordable middle income housing in Colorado, while sharing profits with tenants.
Team
Ed Briscoe
Managing Director
Ed is the founder of Weave Social Finance and oversees the firm’s overall strategy and operations. Ed brings over 25 years of experience in community investment. Ed founded Weave Social Finance in 2012 after 8 years with Greenline Ventures (formerly a division of GMAC Commercial Holdings and Capmark Finance Inc.), an investor, lender, and Community Development Entity. He participated in some of the earliest deals funded by the New Markets Tax Credit (NMTC) program in early 2004. Ed has deep experience building capital stacks and sourcing, underwriting, structuring, and closing real estate and project finance transactions, and in evaluating impact. Ed has facilitated over $400 million in mission driven investments.
In late 2014 Ed founded Impact Charitable, a 501c3 nonprofit offering donor advised funds that are 100% invested for impact. In 2020, Ed helped found the Left Behind Workers Fund under Impact Charitable, which raised over $25 million to provide assistance to workers impacted by the pandemic but ineligible for Federal aid. In 2020, Ed seed funded and launched the Colorado Housing Accelerator Fund (CHAI), for which Weave serves as sponsor and investment manager.
Ed has a BS in business administration from Samford University and an MBA from Vanderbilt University. He currently serves on the board and as the chair of the credit committee for the Colorado Enterprise Fund.
Kaylene Alvarez
NMTC QALICB Advisor
Kaylene has a long career in utilizing finance to redistribute social equity through direct capital allocation and providing expertise to financial service providers, investors and philanthropists to support investment to underserved populations or for projects requiring innovative financing, risk management or transaction structuring. As a small, woman owned company, gender/social equity and climate lens is incorporated into all projects. Clients include banks, MFIs, VC Funds, Family offices, Community Foundations, NGOs, DAF holders, Social Entrepreneurs and investor networks.
Motivated by using capital as a tool for creating equity for people and planet with a sense of urgency, Kaylene has worked in impact investing and sustainable investments for over 25 years and in over 40 countries on 6 continents.
She is well-respected for her breadth and depth of impact investing, especially structuring investments that leverage a full capital stack using blended finance. Kaylene is passionate about using finance as a tool for positive social and climate change, optimizing impact in parallel with financial returns and prudent risk management. Kaylene excels working within systems of finance and is proficient in Sharia and Indigenous systems, as well as the conventional “western” type of finance.
Kaylene has extensive experience developing strategies for and executing on impact and values-aligned investments, mostly in private markets. She also writes and speaks frequently on investing with impact themes like social /gender equity, investing in diverse/ emerging managers, climate positive outcomes, social entrepreneurship and bias in the investment process. Kaylene has spoken at industry events sponsored by organizations such as World Bank, Global Environmental Facility, IFC, SOCAP, UNDP, USAID, Gender Smart and others.
Kaylene serves in leadership roles on several Boards and Investment Committees, including Convergence Blended Finance (global) and Gary Ventures (Denver). She holds an MBA from Wharton, and an MA from Johns Hopkins SAIS.