U.S. investment manager Nuveen has completed a $10 million impact investment in school and community healthy food and beverages company Revolution Foods.
Revolution Foods will use the capital to reach more schools and community sites nationwide and add to its menu of healthy food options, among other value advancing initiatives.
Nuveen, a subsidiary of insurance company Teachers Insurance and Annuity Association of America, made the commitment as part of its international impact investing private equity strategy.
The company’s strategy has allocated over $850 million in impact investments since 2012.