Candide Group Summer 2024 Newsletter

Some of our team members this April post-viewing the solar eclipse!

Happy summer! If you emailed any of our team members the first week of July, you may have seen our “OOO” autoresponder — acknowledging July as Bebe Moore Campbell Black, Indigenous, People of Color (BIPOC) Mental Health Awareness Month. For the second year in a row, Candide Group wanted to create some space for the team to support mental wellness, so we took a collective week-long break to honor the often complex and emotional nature of our work.


We’re grateful for this flexibility, and are now back online: committed as ever to playing our role and shifting capital to those creating a more just economy! 

Team News

Thank you, Patricia, and welcome, Emily!


As we mentioned in the Spring, our beloved colleague Patricia McCarthy is wrapping up her time at Candide Group this month. Over the past few years as Director of Operations, Patricia has served as a true cornerstone of our day-to-day work — leading on human resources, accounting, IT, general business management, and so much more. Her work has thoughtfully stewarded Candide to a place of both growth and stability that we couldn’t be more grateful for.


We will miss Patricia immensely, and continue to celebrate how she has set us up for success. Which leads us to to this exciting announcement: Patricia is passing the torch to our new Director of Operations, Emily Ziethen! 


Emily was the Chief Operating Officer at Renew Capital — an Africa-focused impact investment firm that backs innovative companies with high-growth potential — and has been leading business and people operations, project execution, and strategic business development. Based in the SF Bay Area, Emily will work closely with the team and our new CEO, George Ashton, to help Candide continue to serve our many stakeholders with efficiency and integrity. We know Emily will be an incredible addition to our growing team — please join us in welcoming her!

See Our Team

From Our Community to Yours

ICYMI: Candide's 2023 Impact Report We think of "impact" as our tangible and intangible contributions to improved realities for people and the planet. We're thrilled to share out 2023 comprehensive Impact Report, which dives into both the "what" and the "how" of impact.

Financial Activism 101: Moving Money and Power with Jasmine Rashid

The first in a 5-part conversation series between Founding Partner Morgan Simon and Director of Impact Jasmine Rashid for Forbes.com.

Afterglow's First Loans!


We announced Afterglow Climate Justice Fund's first close earlier this year, and since then, the team has been hard at work. We are thrilled to announce that ACJF made its first loans to Green Energy Justice Cooperative and Georgia Bright!

Investee News

Worker-owned 'conglomerate' Obran Cooperative gets a boost from Acumen America Investment

Article in impact Alpha

Hope Mago: Finding alpha with a 'gainful jobs' strategy


On the Agents of Impact Podcast

Navajo Power seeks to rectify energy injustice deep in Navajo Nation


Featured on ABC News

What's Next

Stay tuned for updates, including news about Olamina and Afterglow Climate Justice Fund, as well as a special invitation to a September 12 Oakland Community gathering, and so much more!

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To see the last 12 months of recommendations, please email ops@candidegroup.com with your request. Please allow up to five business days for a response. For more information about Candide, please see our Form ADV, Part 2A.


Disclosure: The information contained in this document is intended for educational and information purposes only and should not be considered investment tax or legal advice or a recommendation to buy or sell any particular security. Please consult with your tax and legal advisors regarding your particular circumstances.Certain statements contained herein may constitute projections, forecasts, and other forward-looking statements, which do not reflect actual results and are based primarily upon a hypothetical set of assumptions applied to certain historical financial information. Certain information has been provided by third-party sources, and, although believed to be reliable, it has not been independently verified, and its accuracy or completeness cannot be guaranteed.Any opinions, projections, forecasts, and forward-looking statements presented herein are valid as of the date of this document and are subject to change. The views and opinions are those of the author as of the date of publication and are subject to change at any time. This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. Candide Group is under no obligation to update this information after the date of this publication. Past performance is not indicative of future results; no representation is being made that any investment will or is likely to achieve profits or losses like those achieved in the past, or that significant losses will be avoided. An investor should consider the investment objectives, risks, charges and expenses of any financial product carefully before investing. Investing involves various risks, including loss of principal. Charts and graphs provided herein are for illustrative purposes only. For more information about Candide, please see our Form ADV, Part 2A.