Funding the Future of Small Business

Welcome to Equalize Capital

Equalize Capital is an investment adviser registered under the Investment Advisers Act of 1940. Equalize Capital serves as the investment advisor to the Bluestone Community Development Fund (ticker BLUCX). Currently, the firm’s primary advisory client is the Fund. Equalize is headquartered in San Juan, Puerto Rico, with a satellite office in the suburbs of Philadelphia, Pennsylvania. Equalize has extensive ties to the banking industry through its asset management activities.

Equalize has an affiliation with Alden Investment Group, which consists of registered investment advisor and broker/dealer entities. Alden provides additional ties to the banking industry through the provision of equity research services focused on the banking industry and macroeconomic research, as well as a sales force of over a dozen individuals who focus on providing benefit solutions to banking companies.

Equalize maintains a service agreement with Live Oak Bancshares, and parent of Live Oak Bank (LOB), the owner of the previous advisor to the BLUCX Fund. LOB is the nation’s second largest SBA 7A lender, by volume. Another LOB affiliate is Government Loan Solutions (GLS), a leading sales, settlement and analytics company serving SBA 7A and SBA 504 lenders and investors.

The Bluestone Community Development Fund is distributed by Foreside Fund Services, LLC which is not affiliated with Equalize Capital or any affiliate. Foreside is not a registered investment advisor and does not provide investment advice.

Alden Capital Management Advisors

Fund Overview

The Bluestone Community Development Fund (The Fund) is a non-diversified, closed-end fund that invests primarily in U.S. Small Business Administration (“SBA”) 504 First Lien Loans.

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Alden Capital Management Institutional Services

Fund Details

The Fund invests primarily in a portfolio of 504 First Lien Loans secured by owner-occupied commercial real estate which represent the non-guaranteed portion of a U.S. Small Business Administration (“SBA”) Section 504 transaction.

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Alden Capital Management For Advisors

Fund Resources

Visit our Fund Resources page to find fact sheets, presentations, annual reports, audited financials, and other information about our Bluestone Community Development Fund.

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Recent News & Publications