Patient Capital Collaborative ’07
United States of America
Last updated 13 May 2020, by Impactyield.
Developed countries (203) / More developed regions (202) / More developed regions (North America, Asia & Oceania) (153) / Canada (18)
Invests equity in start-up and early-staged 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.
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.
of track record
the year funded
Headquarters location: United States of America
Other funds managed by this asset manager: Patient Capital Collaborative ’09Patient Capital Collaborative ’11
Key performance indicators
Asset manager: SustainVC
Product track record: Fund has 16 years of track record
Target IRR: 20%
Committed Capital: 1,500,000 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: 2007
Vintage year: 2007
Target region: Canada, 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: 4
Fund investments to date exited or repaid: 0
Management fee: n.a.
Carried interest: 10%
Hurdle rate: 0%%
GIIN Investors' Council Investment: No
Limited Partners / Investors: RSF Social Finance, Sandy River Foundation, and 28 other individuals, including Suzanne Biegel (President of Investors' Circle), Ken Deemer (founder LA Social Venture Network and Tech Coast Angels), all three founders of B-Lab (Jay Coen Gilbert, Andrew Kassoy, and Bart Houlahan), Paul Herman (founder of HIP Investor), John Fullerton (Founder of Level 3 Capital and The Capital Insitute) and others involved in the advancement of the Impact Investment movement.
Limited Partner / Investor Type: Family Office, Other Institutional Investors
E-mail: Justin@SustainVC.com Andrew@SustainVC.com
Phone number: 978-369-5043
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Backing start-up and early stage companies making meaningful social and/or environmental impact. PCC '07 fund companies include organic food, alternative energy, renewable chemical and health and wellness companies.
alternative energyCommunity DevelopmentEducationHealth and WellnessOrganicsRenewable Chemicals