RBC announces investment in Seven Generations Capital's Growth Fund to support economic development for Indigenous communities

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Funding from RBC reflects reconciliation commitment to investing in Indigenous private capital funds VANCOUVER, BC, June 11, 2026 /CNW/ - RBC is announcing its investment in an Indigenous real estate fund launched by Seven Generations Capital, a private real estate investment firm affiliated with Hungerford Properties. The investment strives to support solutions to help close the housing gap and foster capacity development for Indigenous communities across Canada. "As we actively focus on advancing reconciliation, what drew us to Seven Generations is their emphasis on transparency and the strength of the relationships they're building—along with the shared conviction that a more inclusive economic future is possible," said Tracy Antoine, National Advisor, RBC Origins. "We're proud to champion a fund purpose-built to grow economic capacity for Indigenous communities, backed by a team that brings both deep market expertise and lived experience to this work." Seven Generations Capital is currently open to commitments throughout 2026 to build real estate developments through Indigenous collaboration that aspires to support economic development and capacity for Indigenous communities. "Our experience in private real estate investment, development, and management has prepared us to execute this strategy with confidence and discipline," said Michael Hungerford, Partner, Seven Generations Capital. "By combining our proven development platform with long-held values, we aim to deliver strong market rate returns while addressing critical housing, mixed-use and light industrial needs across Canada's major population centres. This initiative brings together our personal and professional journeys, and we're proud to execute this vision with an exceptional team and a shared sense of purpose with the communities we will be partnering with." The fund's investment strategy and platform aim to protect capital, de-risk opportunity, and responsibly generate long-term wealth for stakeholders. Investments are designed to benefit from distinct jurisdictional and legal advantages allowing for strong downside protection and outperformance. "Impact in real estate development requires an alignment of values," said Andrew Hungerford, Partner, Seven Generations Capital. "In RBC, we have found a collab...

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