Coastal Ventures Limited Partnership

United States of America

Last updated 13 May 2020, by Impactyield.

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This was the first socially-responsible venture capital fund that CVI launched, following the company’s launch in 1994. The fund’s objective was to provide a financial and social return on investment by investing in small, private businesses with excellent growth potential. The fund predominantly focused on enterprises in the New England region of the United States.

Financial description

The principal focus of investment activity will be small, closely-held companies. The Fund will invest $50,000 to $5000,000 in equity and/or debt secrurities in companies at various stages of development, from the seed stage to leveraged buyouts of mature companies. Target companies must have substantial growth prospects, provide the potential for financial returns to investors, and provide a social return on investment.

28 years

of track record


the year funded

5,000,000 USD


Asset manager

CEI Ventures


Headquarters location:

Other funds managed by this asset manager: Coastal Ventures III, LPCoastal Ventures II, LLC

SDG goals

SDG targets

Encourage companies to adopt sustainable practices and sustainability reporting

Sustainable food production and resilient agricultural practices

Expand and upgrade energy services for developing countries

Full employment and decent work with equal pay

Impact Category

Key performance indicators

Fund overview

Asset manager: CEI Ventures

Product track record: Fund has 28 years of track record

Target IRR: n.a.

Committed Capital: n.a.

Target return category: Below risk-adjusted market-rate of return

Fund domicile:

Product status:

Style/Stage: , , ,

Inception year: 1995

Vintage year: 1996

Target region: , ,

Target close date: n.a.

Product term: 10 year term with provision for extension up to 2 years

Assets under management: 5,000,000 USD (US Dollar)

Investment size: Min: 100,000; Max: 550,000; Avg: 250,000

Co-investment policy:

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 20

Fund investments to date exited or repaid: 14

Management fee: 3%

Carried interest: 20%

Hurdle rate: 0%%

GIIN Investors' Council Investment: No

Limited Partners / Investors: n.a.

Limited Partner / Investor Type: Family Office, Other Institutional Investors, Retail Investors


E-mail: n.a.


Phone number: 207-772-5356 x2904

If you wish to have your details removed from this database please email

Nat Henshaw

Managing Director

Impact Performance


Impact thesis

We identify entrepreneurs committed to good corporate citizenship and environmental stewardship, and each new portfolio company agrees to advance our broad ranging social goals by entering into a Social Agreement (prepared by CVI), targeting jobs for people with low incomes. We bring our knowledge of socially responsible management practices, working together with CEI ( - a community development financial institution based in Maine - to introduce workforce development specialists along with environmental, technical assistance and consulting relationships. CVLP portfolio companies employed 3,596 employees, 2013 of which were retained through year end 2011. Employment in portfolio companies increased by over 133% after CVI investment.

Impact Management


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