Our commitment to environmental sustainability, social responsibility and corporate governance defines great stewardship across our firm, our stakeholders and the communities we work in, creating the foundation for better informed decisions for the long-term horizon.
We are signatories of the United Nations-supported Principles of Responsible Investment and we integrate ESG principles into all stages of our investment process.
Acting responsibly toward our stakeholders, our communities and those in need is fundamental to our culture and our business. One cannot have a complete picture of our firm without an understanding of our deep commitment to positive social impact, to corporate responsibility, and to giving back.
At the heart of our community efforts is the Fengate Community Foundation (FCF), established in 2010 to enhance Fengate’s philanthropic efforts and establish a more structured way of giving. The FCF is an approximately $2 million grant by Fengate that is administered by the Hamilton Community Foundation, ensuring donations and support reach causes and programs with the most need, within Canada and abroad.
In addition to FCF, Fengate directly donates hundreds of thousands of dollars and hundreds of hours every year in support of community and charitable organizations and events across Canada and the United States. Recent highlights include:
The Serafini Family Ice and Splash Pad
The Serafini Ice and Splash Pad, located at the Bernie Morelli Recreation Centre in Hamilton, Ontario is a gift to the city that exemplifies the Serafini family’s personal and business roots in Hamilton.
Ride to Conquer Cancer
The Fengate Ride Team cycled over 200 km from Toronto to Hamilton in two days to raise funds for live-saving cancer research.
Fengate Property Management Annual Food and Toy Drive
The Fengate Property Management Team, along with our tenants in each of our buildings, organize an annual food and toy drive during the holiday season in support of local food banks and charity organizations.
Houston Food Bank
Fengate donated $10,000 to the Houston Food Bank to support recovery efforts following winter storm Uri in 2021. Our Houston team continued their support by volunteering at the Food Bank, and delivering boxes of food to Senior Affordable Living Apartments’ residents.
Louis Serafini Community Day
The Helping Hands Project provides and builds prosthetic hands that are then donated to amputee landmine victims throughout the developing world.
Fengate’s ongoing commitment to diversity and inclusion remains at the forefront of our core values. We strongly believe in cultivating an inclusive workplace in which every employee can thrive and be their authentic self. Our firm is wonderfully enriched by the diversity of our team, and we pride ourselves in our ability to attract, develop and retain diverse talent. Championing diversity and inclusion is not only the right thing to do, but it strengthens our business and continues to position Fengate as an industry leader into the future. In 2021, we established Fengate’s EBID Think Tank – consisting of leaders and employees of all backgrounds and levels throughout our firm – to help advance our EBID objectives, move reconciliation forward and continue to positively impact our communities.
Fengate is a proud signatory for the Institutional Limited Partners Association (ILPA) Diversity in Action initiative which brings together limited partners and general partners who share a commitment to advancing diversity, equity and inclusion in the private equity industry.
In 2022, we were proudly named as one of Canada’s Best WorkplacesTM for Women and Best WorkplacesTM for Inclusion by Great Place to Work®, further strengthening our ongoing dedication towards building and sustaining a diverse, equitable, and inclusive firm for all.