IC Funds
A number of Investors' Circle members have organized
social mission venture funds and garnered investment support from the
IC Network, including Solstice Capital, HFG Expansion Fund, Capstone Ventures, Women’s Growth Capital Fund, CEI Ventures, SJF Ventures, Expansion Capital Partners, Investeco Capital, Underdog Ventures, and Massachusetts Green Energy Fund.
In
addition to assisting its members in attracting capital to such funds,
IC seeks to directly incubate new social mission funds.
IC Funds Include:
Commons Capital
Commons Capital was launched in 2002 with $13.5
million in committed capital and 53 limited partners, over half of whom
are Investors' Circle members. The fund seeks strong financial returns
as well as significant social and environmental impact, and invests in
early stage private companies in four industries: clean energy,
environment, health care and education. The fund also favors companies
that are managed by women or minorities, and companies that enhance
community development and international sustainability. To learn more about Commons Capital, visit www.commonscapital.com.
The Patient Capital Collaborative (PCC)
The
Patient Capital Collaborative (PCC) is an investment vehicle available
exclusively to the IC community, led by IC member Schuyler (Sky) Lance,
a 20-year investment veteran. The PCC was launched in 2007 and consists
of a series of independent annual investment funds – limited
partnerships – that invest in companies that have applied for financing
through the Investors’ Circle application process. The Fund’s portfolio
is therefore expected to consist solely of early- or expansion-stage
venture deals that combine social, environmental, and financial
returns. The Fund will focus on companies that fit within IC’s industry
preferences, and the Fund is expected to generally make investments in
the following categories:
- Energy & Environment;
- Food & Organics;
- Community & International Development;
- Education & Media; and
- Health & Wellness.
To learn more about PCC , please visit www.SustainVC.com
Fund Incubation
The
IC Foundation is currently incubating three fund initiatives: one in
organics/sustainable agriculture, one for companies that are donating
100% of their profits to charity and one for mission-driven media
companies.