Purpose Future Fellow - Emerging Fund Manager
Brian Murray
CEO and Founder, Shift Capital
Brian Murray is nurturing and sustaining the kind of economic activity that has revitalized cities, diversified urban economies, and created pathways into the middle class by creating an evergreen vehicle for different stakeholders interested in selling or purchasing urban creative workspaces.
As a Purpose Future Fellow, Brian Murray is working on the Maker Preservation Fund (MPF), which seeks to preserve existing urban creative workspaces through evergreen financing. The fund will provide a viable, low-risk alternative liquidity pathway to mitigate the need for property owners to sell or convert their assets, while providing active developers a potential backstop or exit strategy when they are looking to finance and stabilize what are essentially speculative developments.
Brian Murray is the CEO and Founder of Shift Capital, a Certified B-Corp impact real estate group headquartered in Philadelphia and focused on aligning capital and philanthropy with underserved communities. Prior to Shift Capital, Brian was an entrepreneur and an MBA graduate of Yale School of Management interested in the intersection of the public, private and nonprofit sectors. Shift Capital is a national leader in creating more inclusive neighborhoods, having developed approximately 500,000 square feet of maker space in North Philadelphia since 2013. Shift’s first fund, Shift Neighborhood Fund, takes a place-based approach to neighborhoods in North Philadelphia that have suffered decades of neglect. Through inclusive economic strategies, mission-aligned capital, and a community focus, Shift has sought to change the narrative around how communities can benefit from positive change.