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Patient Capital Collaborative ’09
United States of America
Last updated 13 May 2020, by Impactyield.
Fund geography
Developed countries (203) / More developed regions (202) / More developed regions (North America, Asia & Oceania) (153)
Invests equity in start-up and early-stage companies that provide meaningful social and/or environmental benefit to the world. Managed by two veteran (25 years each) venture investors with proven track records. SustainVC is a GIIRS Pioneer member.
Asset class
Fund status
Fund style
Financial description
PCC Funds are designed to invest in companies past the business plan stage, but before the larger venture capital stages. Said otherwise, portfolio companies are generally seeking $500,000 to $5 million of funding. Funds follows prudent portfolio management strategies including diversification, and maintaining adequate reserves for follow-on financings. Funds generally follow strategy of 80% "Financial First"/20% "Social First" weightings (i.e. larger dollars invested into higher targeted return investments meeting threshold social returns; and smaller dollars into higher projected social returns meeting threshold of financial returns). Through experienced management, net positive returns to LPs targeted similar to other early stage non-social venture funds.
15 years
of track record
2009
the year funded
n.a.
AUM
Interested in this fund?
Log in or create an account to request more information.
Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Asset manager
SustainVC
Headquarters location: United States of America
Other funds managed by this asset manager: Patient Capital Collaborative ’11Patient Capital Collaborative ’07
Impact Category
Key performance indicators
Fund overview
Asset manager: SustainVC
Product track record: Fund has 15 years of track record
Target IRR: 20%
Committed Capital: 1,800,000 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: United States of America
Product status: Closed - still investing
Style/Stage: Early Stage, Seed Stage
Inception year: 2009
Vintage year: 2009
Target region: Developed countries, More developed regions, More developed regions (North America, Asia & Oceania)
Target close date: n.a.
Product term: 12 years
Assets under management: n.a.
Investment size: Min: 50,000; Max: 500,000; Avg: 350,000
Co-investment policy: LPs have priority, With LPs and non-LPs
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 5
Fund investments to date exited or repaid: 0
Management fee: n.a.
Carried interest: 10%
Hurdle rate: n.a.
GIIN Investors' Council Investment: No
Limited Partners / Investors: RSF Social Finance, Sandy River Foundation, 31 other individuals, including Suzanne Biegel (President of Invetor's Circle), Ken Deemer (founder of LA Social Venutre Network and Tech Coast Angels), B-Lab Founder Andrew Kassoy, and others involved in the advancement of the Impact Investment movement.
Limited Partner / Investor Type: Family Office, Other Institutional Investors
Contact
E-mail: Justin@SustainVC.com Andrew@SustainVC.com
Website: http://www.sustainvc.com
Phone number: 978-369-5043
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Schuyler Lance
Managing Principal
Impact Performance
n.a.
Impact thesis
Backing start-up and early stage companies making meaningful social and/or environmental impact. PCC '09 fund companies include health and wellness, alternative energy, medical technology, and environmental & community development companies.
Impact Management
n.a.
Financial benchmark
Others
Term Description:
Keywords
alternative energyCommunity DevelopmentEducationHealth and WellnessOrganicsRenewable Chemicals