Golden Seeds iMpact Fund, L.P.

United States of America

Last updated 12 May 2020, by Impactyield.

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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.



Financial description

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.

6 years

of track record

2016

the year funded

75,000,000 USD

AUM

Asset manager

SDG goals

SDG targets

End discrimination against women and girls

Increase access to financial services and markets

Key performance indicators

Fund overview

Asset manager: Golden Seeds Ventures

Product track record: Fund has 6 years of track record

Target IRR: n.a.

Committed Capital: n.a.

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

Fund domicile:

Product status:

Style/Stage:

Inception year: 2016

Vintage year: 2017

Target region: , , ,

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

Co-investment policy:

Currency of investments:

Currency for fund / product figures:

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

Contact

E-mail: n.a.

Website: http://www.goldenseedsventurefunds.com/

Phone number: 888-629-6774

If you wish to have your details removed from this database please email gdpr@impactyield.com


Patience Marime-Ball

Managing Partner

Peggy Wallace

Managing Partner

Impact Performance

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n.a.

Impact thesis

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.

Impact Management

n.a.

Financial benchmark

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