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Dear Kingdom builders,

This week I met David Weekley. He founded one of the most successful private homebuilders in America on an explicitly Christian foundation.

David started his business with a construction trailer and a $100,000 line of credit at 23 years old. David Weekley Homes is now doing $3 billion in revenue. Wall Street would have loved to get its hands on this company. David said no.

One-third of the company belongs to its team members. Another third is held by charitable trusts serving over 100 charities in 35 countries. He kept it private on purpose. Because going public would have meant giving up the thing that made it worth building.

This is the unique power of private markets. When capital stays out of public hands, the person deploying it gets to decide what it stands for. Values don't get voted out by shareholders. The mission stays intact.

And that creates an opportunity for investors who share those values.

A growing number of faith-driven operators are building private vehicles specifically for that participation.

Sovereign's Capital backs faith-driven founders across venture, private equity, and real estate. Impact Foundation has channeled more than $700 million into private impact investments. These are just two examples among hundreds. It is proof that values-integrated private capital can operate at institutional scale without apology.

But sometimes the most compelling thing about a private fund isn't just its mandate. It's its operator.

Bob Fraser has never marketed Aspen Funds as a Christian impact fund. He markets it on yield, downside protection, and hard-won macro experience … all based on his deeply held Christian beliefs. He goes into detail about his thesis and the Christian foundation underneath it in this week’s ChristianAlts podcast.

Private markets offer the unique opportunity to know who is holding your capital, what they believe, and how those beliefs shape every decision they make with your investment.

If you are seeking to leave a lasting Kingdom impact through your investments, this could be a powerful filter to add to your diligence process.

Have a blessed week!

Matt

For informational purposes only. This content does not constitute investment, tax, or legal advice, nor a recommendation to buy or sell any security.

Most people don't come back from one of those. Bob came back from both and built a family of funds approaching $1 billion.

In this conversation we cover:

FaithInvest released its major global study on faith-consistent investing (FCI), analyzing 275 faith-based investment policies across religions. It highlights momentum alongside gaps in implementation. An online launch event occurred around May 6–8. The work includes discussion of portfolio construction and responsible investing practices, which can extend to private markets, though the public summary focuses more on policy frameworks.

The Vatican Bank, formally known as the Institute for the Works of Religion (IOR), reported a 55.5% increase in profit for 2025, reaching €51 million due to stronger operating performance, disciplined portfolio management, and favorable market conditions. The bank also approved a €24.3 million dividend for the pope to support religious and charitable works, while reporting strong solvency and growth in client assets and deposits.

Scott-Vincent Borba, co-founder of the billion-dollar beauty brand e.l.f. Cosmetics, recently made headlines after giving away his fortune and leaving behind a luxury lifestyle to pursue the Catholic priesthood in the Diocese of Fresno. Borba says that despite achieving massive financial success, he ultimately found greater fulfillment in faith, simplicity, and service.

For informational purposes only. This content does not constitute investment, tax, or legal advice, nor a recommendation to buy or sell any security.

The Yale Model is the investment framework developed by the late David Swensen at Yale University that shifted the endowment's portfolio away from traditional stocks and bonds toward a heavy allocation in private alternative investments.

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