Fresh Source Capital Fund I, L.P.

United States of America

Last updated 9 January 2022, by Impactyield.

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Fresh Source Capital Fund I, L.P. invests in private companies with compelling teams and strong strategies to build and improve regional food systems and meet increasing and changing consumer and institutional demands for “better” food. The Fund is focused on North America.

Financial description


8 years

of track record


the year funded

5,325,000 USD


Asset manager

Fresh Source Capital


Headquarters location:

Other funds managed by this asset manager: Fresh Source Capital Fund II, L.P.

SDG goals

SDG targets

Halve global per capita food waste

Encourage companies to adopt sustainable practices and sustainability reporting

Sustainable food production and resilient agricultural practices

Impact Category

Themes impacted

Key performance indicators

Fund overview

Asset manager: Fresh Source Capital

Product track record: Fund has 8 years of track record

Target IRR: 12%

Committed Capital: 5,325,000 USD (US Dollar)

Target return category: Risk-adjusted market-rate of return

Fund domicile:

Product status:

Style/Stage: , , ,

Inception year: 2015

Vintage year: 2014

Target region: , , ,

Target close date: n.a.

Product term: 8 year term

Assets under management: 5,325,000 USD (US Dollar)

Investment size: Min: 100,000; Max: 600,000; Avg: 400,000

Co-investment policy: ,

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 12

Fund investments to date exited or repaid: 0

Management fee: 2.5%

Carried interest: 15%

Hurdle rate: Return of Capital%

GIIN Investors' Council Investment: No

Limited Partners / Investors: n.a.

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


E-mail: n.a.


Phone number: 6174135862.00

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

Dan Pullman

Managing Partner

Daniel Pullman

Managing Partner

Lisa Sebesta

Managing Partner

Impact Performance


Impact thesis

The fund will evaluate target companies across several impact lenses, including their ability to strengthen regional economies, increase access and availability of “better” food, reduce waste, and support female founders, as well as other opportunities that may emerge within the food system.

Impact Management


Financial benchmark

Term Description:


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