Turner Impact Capital
- Company typePrivate
- Founded2014
- HeadquartersSanta Monica, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Turner Impact Capital firmographics
Firmographics- Name
- Turner Impact Capital
- Legal name
- Turner Impact Capital, L.P.
- Website
- https://turnerimpact.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Turner Impact Capital industry classification
Industry- Product category
- Impact Real Estate Investment Management
- NAICS
- Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259), Other Financial Vehicles (525990)
- SIC
- Investors, Nec (6799), Investment Advice (6282)
- akta.pro primary industry
- Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)
- akta.pro secondary industries
- Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Community Development & Affordable Housing Funds (FSANAJAK), Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA)
Keywords
Where Turner Impact Capital is headquartered
LocationHeadquarters
- HQ city
- Santa Monica
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Turner Impact Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Investment Management Fees: The firm earns management fees on assets under management across its fund platforms (Education Facilities Funds, Healthcare Facilities Funds, Multifamily Impact Funds I, II, and III). These are typically charged as a percentage of committed capital or invested equity.
- Performance Carried Interest: The firm participates in investment profits through carried interest structures upon achievement of specified return thresholds for LP investors.
- Real Estate Development and Transaction Fees: Fees generated from development, acquisition, and disposition of real estate assets across education, healthcare, and multifamily housing portfolios. Includes construction management fees for in-house development services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Turner Multifamily Impact Fund III - targeting $750M equity to deploy over $2.3B in investment potential |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Turner Impact Capital product offering
Product offeringCore offering
Turner Impact Capital is a private social impact investment firm that raises and manages private equity funds investing in real estate across three verticals: charter school facilities (Turner-Agassi Education Facilities Funds), affordable workforce housing (Turner Multifamily Impact Funds I, II, and III), and community healthcare facilities (Turner Healthcare Facilities Funds). The firm sources capital from institutional investors such as pension funds, family offices, endowments, and high-net-worth individuals, and uses in-house construction and asset management capabilities to develop, acquire, and operate properties serving underserved U.S. communities. The firm targets risk-adjusted market-rate financial returns alongside measurable environmental, social, and governance (ESG) outcomes.
Product overview
Turner Impact Capital operates as a social impact real estate investment firm with three core investment fund strategies: the Turner Healthcare Facilities Funds (healthcare facilities), Turner Multifamily Impact Funds (affordable workforce housing), and Turner-Agassi Education Facilities Funds (charter school facilities). The firm also operates TI Communities as its property management subsidiary for the housing portfolio. Each fund follows a 'profits with purpose' model targeting underserved communities while delivering risk-adjusted market-rate financial returns.
Differentiator
Problem solved
Functional benefit
Products and services
- Turner Healthcare Facilities Funds
Quantifiable outcome
- Healthcare facilities serve 165,000+ active low- and moderate-income patients per year; 100% of provider partners meet or beat quality of care benchmarks; hospital readmission rate of 2.1% vs 23.9% county average
- +4 more outcomes
Companies that use Turner Impact Capital
Customer profileNamed customers12 records
Segments4 records
Ideal customer profiles4 records
Turner Impact Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Turner Impact Capital partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and flagship.
- Habitat HealthcoreJoint venture with Habitat Health (formed by Kaiser Permanente and Town Hall Ventures) for PACE Care Center development. Turner Impact recognized for developing Habitat Health Compton facility, an 18,000 SF senior care center in Compton, California serving underserved communities.
- Kalterra Capital PartnerscoreJoint venture partnership for workforce housing acquisitions. Together acquired the 376-unit Kinstead apartment community in McKinney, Texas as first conversion of market-rate apartments into affordable housing. 191 of 376 units restricted to income-qualified renters under 99-year master lease with Housing Authority of the City of McKinney.
- Gasol FoundationcoreNonprofit organization founded by NBA stars Pau and Marc Gasol partnered with Turner Impact Capital to bring health and wellness initiative to residents in San Antonio housing communities. Program delivers on-site health and wellness programming.
- Andre AgassiflagshipJoint venture with tennis legend Andre Agassi to form Turner-Agassi Education Facilities Fund for providing charter schools with economically feasible, state-of-the-art campuses. Agassi provides celebrity credibility and commitment to education access; Turner provides investment expertise and development capabilities. Fund has developed 122 schools serving 59,000+ students.
- United Nations Principles for Responsible Investment (PRI)coreSignatory to UN PRI since 2014, actively committing to all six principles including working as active owners and incorporating responsible investing approaches into ownership policies and practices.
- Kaiser PermanentecoreThrough Habitat Health joint venture, Kaiser Permanente partners with Turner Impact Capital to develop PACE care centers serving seniors in underserved California communities.
- Town Hall VenturescoreCo-founder of Habitat Health alongside Kaiser Permanente for PACE care center development serving underserved senior populations.
Scale indicators9 records
Recent moves9 records
Expansion highlights7 records
Turner Impact Capital competitors and assessment
Company assessmentDirect peers
- Jonathan Rose Companies: One of the largest mission-driven real estate investment and development firms in the U.S., focused on affordable and mixed-income housing, as well as community-centered development. Closely comparable to Turner Impact in combining impact mandates with institutional-grade real estate execution across multiple verticals.
- Enterprise Community Partners: National nonprofit that invests, develops, and advocates for affordable housing and community development, deploying billions in capital through its investment arm. Comparable to Turner Impact in deploying institutional capital into social impact real estate with measurable outcomes.
- Bridge Investment Group: Vertically integrated real estate investment manager with dedicated workforce and affordable housing strategies. Operates specialized funds targeting multifamily housing in underserved markets, comparable to Turner's Multifamily Impact Fund strategy.
- NHP Foundation: Mission-driven not-for-profit real estate organization that owns and operates affordable and mixed-income multifamily housing across the U.S. Comparable to Turner Impact's workforce housing focus with resident services orientation.
- L+M Development Partners: Full-service real estate developer and fund manager specializing in affordable, mixed-income, and mixed-use housing. Comparable to Turner Impact in combining development capability with institutional capital deployment in impact-oriented real estate.
Broad incumbents
- The Related Companies: Large national real estate developer and owner with significant affordable and workforce housing components through Related Affordable and Related Fund Management. Comparable to Turner Impact in deploying institutional capital into impact-oriented housing, but at materially greater scale.
- KKR Real Estate: Major institutional real estate investor with growing impact and ESG-oriented strategies. Comparable to Turner Impact in deploying institutional capital into real estate with impact overlays, but at a much larger AUM scale and broader mandate.
- Blackstone Real Estate: Largest global real estate investment manager with multifamily and affordable housing exposure. Comparable to Turner Impact in scale ambition and institutional LP base, though Turner's social impact mandate and vertical specialization differ.
Emerging players
- Bain Capital Double Impact: Impact investing arm of Bain Capital focused on generating competitive financial returns alongside measurable social impact. Comparable to Turner Impact's "profits with purpose" thesis and institutional LP base, though with broader sector exposure beyond real estate.
Others
- Capital Impact Partners: Community development financial institution (CDFI) providing capital and capacity-building for underserved communities, including healthcare and housing. Comparable to Turner Impact in mission orientation and focus on social infrastructure, though structured as a CDFI rather than a private equity manager.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Turner Impact Capital social profiles
Digital presenceTurner Impact Capital compliance and trust
Trust signalCompliance2 records
Turner Impact Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Turner Impact Capital leadership team
Management profileNumber of profiles
Profiles15 records
Turner Impact Capital subsidiaries and ownership
Company hierarchySubsidiaries1 record
Turner Impact Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Turner Impact Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Turner Impact Capital
What does Turner Impact Capital do?
Turner Impact Capital is a private social impact investment firm that raises and manages private equity funds investing in real estate across three verticals: charter school facilities (Turner-Agassi Education Facilities Funds), affordable workforce housing (Turner Multifamily Impact Funds I, II, and III), and community healthcare facilities (Turner Healthcare Facilities Funds). The firm sources capital from institutional investors such as pension funds, family offices, endowments, and high-net-worth individuals, and uses in-house construction and asset management capabilities to develop, acquire, and operate properties serving underserved U.S. communities. The firm targets risk-adjusted market-rate financial returns alongside measurable environmental, social, and governance (ESG) outcomes.
Is Turner Impact Capital a public or private company?
Turner Impact Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Turner Impact Capital founded?
Turner Impact Capital was founded in 2014. It employs 11 to 50 people.
Where is Turner Impact Capital based?
Turner Impact Capital is headquartered in Santa Monica, United States, in the North America region.
How does Turner Impact Capital make money?
Three revenue lines are on record. Investment Management Fees are the primary driver. The others are performance Carried Interest and real Estate Development and Transaction Fees.
Who are Turner Impact Capital's main competitors?
Direct peers on record are Jonathan Rose Companies, Enterprise Community Partners, Bridge Investment Group, NHP Foundation and L+M Development Partners. Broad incumbents are The Related Companies, KKR Real Estate and Blackstone Real Estate. Bain Capital Double Impact is listed as an emerging player. Capital Impact Partners is listed as an others.
Does Turner Impact Capital have an API?
No public API is recorded for Turner Impact Capital.
What industry is Turner Impact Capital in?
Turner Impact Capital's product category is Impact Real Estate Investment Management. Its primary akta.pro industry code is BPAJAMAJ, Real Estate Portfolio & Fund Management (Institutional/REIT/PE), with a secondary code of FSAAALAG, Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure). Its NAICS code is 52394 and its SIC code is 6799.