Golden Seeds iMpact Fund, L.P.
United States of America
Last updated 12 May 2020, by Impactyield.
Developed countries (203) / More developed regions (202) / More developed regions (North America, Asia & Oceania) (153) / United States of America (112)
Golden Seeds iMpact Fund focuses on early and growth stage companies led and owned by gender-diverse management teams. The focus is on teams which are building great businesses including addressing some of the world’s macro problems. The iMpact Fund is managed by a woman-owned, diverse General Partner. The team invests in: early and growth stage companies; gender-diverse management teams; companies that are capital efficient, seeking $1-$5 million per investment round; and sectors in which the Fund’s managing partners and advisors have some expertise.
Below are the Fund's summary of terms:
- $75 million Targeted Committed Capital
- 5 Year Investment Period
- 10 year Term, two 1-year extensions
- 1st close: Q1 2017
- Final Close: 2017
- 2% Management Fee, 20% Profit Sharing
The minimum Commitment for a Limited Partner is $1,000,000, although Commitments of lesser amounts may be accepted in the General Partner's sole discretion.
of track record
the year funded
Key performance indicators
Asset manager: Golden Seeds Ventures
Product track record: Fund has 7 years of track record
Target IRR: n.a.
Committed Capital: n.a.
Target return category: Risk-adjusted market-rate of return
Fund domicile: United States of America
Product status: Open - no committed capital
Style/Stage: Early Stage
Inception year: 2016
Vintage year: 2017
Target region: Developed countries, More developed regions, More developed regions (North America, Asia & Oceania), United States of America
Target close date: 01/06/2017
Product term: 10 year term
Assets under management: 75,000,000 USD (US Dollar)
Investment size: Min: 1,000,000; Max: 5,000,000; Avg: 0
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 0
Fund investments to date exited or repaid: 0
Management fee: 2%
Carried interest: 20%
Hurdle rate: n.a.
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors
Phone number: 888-629-6774
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Women are disproportionately excluded from the US Venture Fund markets as recipients of investment dollars to fund their companies as GPs. Inclusion in venture capital financing is a powerful gateway to leadership positions in management, positions on corporate boards and wealth creation. The exclusion from venture capital financing thus manifests itself as part of the cause of limited numbers of women in top management, on corporate boards, and the low representation of women among the cohort of high net worth individuals. The iMpact Fund seeks to increase the inclusion of women in U.S venture capital markets by: lessening the funding gap for women-owned businesses, increasing women in management, increasing women on boards, addressing the gender wealth gap, and highlighting the important role of women and minority owned GP teams.