CDVCA Central Fund

The CDVCA Central Fund currently has almost $6 million under management and is actively seeking investment opportunities to put those funds to work in a meaningful way in the community development venture capital industry. The Fund is available to make two types of investments: Fund of Funds investments and Co-investment Fund investments.

Employee at Ryla Teleservices

View the Central Fund's portfolio.

Fund of Funds investments are made in CDVCA member funds that have missions of creating high-quality jobs and wealth that improve the lives of low-income people and benefit distressed communities. Co-investment Fund investments, as direct equity investments made with other funds, are made in companies that meet CDVCA's financial and social criteria and will be made in any industry sector except real estate.

The investments lead to creation of substantial job opportunities for low-income people.The portfolio of the Fund is managed so that more than half of the jobs created go to people who had low-incomes (less than 80% of area median) before they took the jobs. The Fund also seeks other social returns, such as encouraging minority and women ownership, environmentally sustainable businesses, production of products useful to communities, and promotion of socially responsible business practices.

For more details about the Central Fund's investment critera, click here.