Based in Los Angeles, SP Investment Fund primarily invests in affordable housing and technology start-ups that will have a social impact. SP Investment Fund and its affiliates have invested in affordable housing communities throughout the United States while providing liquidity to affordable housing partnerships. In all, the firm has invested in well over 10,000 housing units through more than 100 partnerships.

The company develops and renovates affordable apartments that feature appealing designs and finishes, durable materials, and modern amenities. Using this approach, the company aims to improve the lives of residents and the surrounding community. Its projects include the comprehensive renovation of the Raymond Watkins Apartments in Saratoga Springs, New York, a 112-unit multifamily community for individuals who are disabled and seniors with low incomes.

Another extensive renovation project was the John Guy Prindle Apartments in Ilion, New York. The multifamily community is also geared to individuals who are disabled and seniors with low incomes, and comprises 112 units.

In addition, SP invests in early-stage startups that will improve lives. In all, the company has invested in approximately 40 early stage companies including many in the biotechnology and life sciences sectors, such companies as Opentrons, HeptaTx, RingMD, Known Medicine, C16 Biosciences, and Coral Genomics.