SilverYard Social Enterprise Fund I

United States of America

Last updated 11 May 2020, by Impactyield.

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Fund geography

Global (48)

A new venture fund focused on U.S. based seed-stage tech startups pursuing high-growth international business models or solutions for globally-important issues. SilverYard is founded by former Andreessen Horowitz partner, Ray Jones.



Financial description

Goal of fund is to achieve top quartile (e.g. 3X+) financial returns for LP investors by addressing the opportunity to be a leading investor for the growing and underserved high-growth/high-impact social enterprise market.
The fund manager has three case study investments demonstrating a ~10X financial return multiple and outstanding social and environmental impacts including 80 Africans trained as programmers and 8,000 urban farms smartened respectively.

7 years

of track record

2015

the year funded

25,000,000 USD

AUM

Asset manager

SDG goals

SDG targets

Equal rights to ownership basic services technology and economic resources

Encourage companies to adopt sustainable practices and sustainability reporting

Expand and upgrade energy services for developing countries

Full employment and decent work with equal pay

Key performance indicators

Fund overview

Asset manager: SilverYard

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:

Product status:

Style/Stage:

Inception year: 2015

Vintage year: 2015

Target region:

Target close date: n.a.

Product term: 10 year term

Assets under management: 25,000,000 USD (US Dollar)

Investment size: Min: 50,000; Max: 500,000; Avg: 300,000

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: RIA with $10B AUM, Fortune 50 Company, Foundation, and Family Offices.

Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors, Retail Investors

Contact

E-mail: n.a.

Website:

Phone number: Please email ray@silveryard.com

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


Ray Jones

General Partner

Impact Performance

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n.a.

Impact thesis

SilverYard's unique combination of vision, purpose, network and value-add market development expertise attracts and supports best-in-class high-growth and high-impact entrepreneurial teams. SilverYard's market development expertise and strong corporate network offers a competitive advantage to accelerate the growth of SilverYard's investments to streamline the fund's returns.
Fund tracks IRIS metrics:
-Employees Dedicated to Social and Environmental Performance OI6370
-Total Assets FP5293
-Financial Assets FP4649
-Minority/Previously Excluded Ownership OI7194
-Social Impact Objectives OD6247 Access to Financial Services, Equality and Empowerment, (portfolio impacts additional)
-Mission Statement OD2735
-Sector Focus Financial Services, Technical Assistance Services PD8808
-Client Type SMB PD7993
-Organizations Receiving Training PI6065
-Capital Available Total FP1307
-Non-Financial Support Offers (market development) PD9681
-New Businesses Created PI4583
-Jobs in Directly supported/financed enterprises: Total PI4874
-Number of Equity Investments Outstanding PI1914
-Value of Equity Investments PI7940
-Number of Equity Deals Closed PI5066
-Value of Equity Deals Closed PI4142
-Revenue generated at Directly Supported Enterprises PI3180
-Target beneficiary entity OD7212

Impact Management

n.a.

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