Impact Investing
Social Return on Investment Executive Summary 2007
PCV focuses on increasing the number and quality of jobs provided to residents of California’s low- to moderate-income (LMI) communities. PCV measures progress against this goal by assessing the number and quality of jobs provided to hourly workers in its portfolio. Job quality is an indicator of the economic advancement opportunities PCV portfolio companies are […]
Jul 28, 2015 – Blog and News • Impact Consulting • Impact Investing •
CalPERS CA Initiative – Impacting California’s Underserved Communities 2007
California Initiative portfolio companies operate facilities—and employ Californians—across the state. The tables below showcase the distribution of company headquarters, facilities and employees across California. The maps on pages 8 and 9 provide a pictorial representation of all of the locations where California Initiative companies conduct business—and where portfolio company employees live—in the state.
Jul 28, 2015 – Blog and News • Impact Consulting • Impact Investing •
Social Return on Investment Executive Summary 2006
PCV seeks both financial and social returns on its investments. Ongoing measurement is critical to articulating the outcomes of PCV’s work. Since the spring of 2000, PCV has worked with BTW-informing change (BTW), an independent research and strategic consulting firm, to design and implement an approach for social return measurement and interpretation. Data for measuring […]
Jul 28, 2015 – Blog and News • Impact Consulting • Impact Investing •
CalPERS CA Initiative – Impacting California’s Underserved Communities: Taking a Second Look
California Initiative companies represent the full spectrum of businesses in the California economy. These companies cover a wide array of industries, with a strong focus in consumer-related and service Service businesses, manufacturing and communications.
Jul 28, 2015 – Blog and News • Impact Consulting • Impact Investing •
Three Steps to Establishing an Asset Class for Investing in Underserved Markets
Nearly 5 million Californians—over 13% of the state’s population—have incomes below the federal poverty level. In 2005, more than half the jobs in the California economy provided full-time, year-round wages that were insufficient to support an adequate standard of living. And, while the state’s unemployment rate is down, the jobs being created tend to pay […]
Jul 28, 2015 – Blog and News • Impact Consulting • Impact Investing •
Expanding Social Return – Social Return on Investment Executive Summary
In 2005, the size of the PCV Portfolio more than doubled, increasing from 13 companies in 2004 to 30 companies in 2005. PCV welcomed 17 new companies into its Advised Portfolio and invested in one additional company in 2005.
Jul 28, 2015 – Blog and News • Impact Consulting • Impact Investing •
CalPERS CA Initiative – Impacting California’s Underserved Communities: An Initial Assessment
Over the years, CalPERS has developed a number of unique investment strategies designed to target economically underserved segments of the State of California. In May 2001, the CalPERS Investment Committee established the California Initiative Program. Through the California Initiative, the CalPERS Investment Committee approved $475 million of commitments which were allocated to ten private equity […]
Jul 28, 2015 – Blog and News • Impact Consulting • Impact Investing •
2004 Social Return Assessment Executive Summary
Companies financed by PCV are committed to hiring individuals from LMI communities. Between April 2000 and December 2004, PCV financed portfolio companies employed a cumulative total of 1,173 designated employees. Throughout the course of 2004, 543 designated employees worked in the eight active PCV financed businesses in a range of skilled and semi-skilled positions. Designated […]
Jul 23, 2015 – Blog and News • Impact Consulting • Impact Investing •
2003 Social Return Assessment Executive Summary
PCV is a double bottom line investor, working to achieve social as well as financial returns on its investments. PCV believes that clear, ongoing measurement is critical to articulating the impact of its work. As there are no “industry standards” for measuring and reporting on social return, PCV has developed its own standards and methodology […]
Jul 23, 2015 – Blog and News • Impact Consulting • Impact Investing •
2002 Social Return Assessment Executive Summary
In 1999, Pacific Community Ventures (formerly known as Silicon Valley Community Ventures) became the first community development venture capital organization in California. Pacific Community Ventures (PCV) seeks to strengthen companies in traditionally overlooked areas to help develop the communities around them. They do this primarily by working with companies that provide good jobs with marketable […]
Jul 23, 2015 – Blog and News • Impact Consulting • Impact Investing •
2001 Social Return Assessment Executive Summary
In 1999, Silicon Valley Community Ventures (SVCV) brought together the principles of “venture capital” and “community develop” to create the first community development venture capital fund in California. SVCV’s goal is to strengthen businesses in low-income neighborhoods of the San Francisco Bay Area in order to help develop the communities around them.
Jul 23, 2015 – Blog and News • Impact Consulting • Impact Investing •
What’s New In Impact Investing? June Roundup
Impact investing is about a very simple, progressive idea: markets and money for good. Impact investing is built on the belief that financial tools can play a powerful role in solving the massive global challenges of our day, and that capital markets should work for good as well as profit. This vision is realized through […]