Blog and News
CalPERS CA Initiative 2008 – Creating Opportunities in California’s Underserved Markets
A first of its kind report highlighting the California Public Employees Retirement System’s $17 billion of investments in California. Chapter I of this report provides an examination of the broad ancillary benefits of all CalPERS investments in California, including public equities, private equity, real estate, infrastructure, and fixed income. Chapter II of the report provides […]
Jul 28, 2015 – Blog and News • Impact Consulting • Impact Investing •
Creating Economic Opportunity in 2008 – PCV Social Return Summary
In 2008, PCV worked with 105 companies in California. Ten of these companies have received a financial capital investment. Nineteen of these companies are members of Business ADVANCE, PCV’s year-long program that delivers strategic advice and practical business education to entrepreneurs building businesses that contribute to the development of California’s economically underserved areas. The remaining […]
Jul 28, 2015 – Blog and News • Impact Consulting • 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 •
PCV Annual Report 2007
At Pacific Community Ventures, we measure our success by others’ success. In 2007– through PCV’s powerful network of volunteers, small business owners, employees, investors and donors – talented workers and entrepreneurs in lower-income areas of California have made their lives better and their communities more vibrant.
Jul 28, 2015 – Blog and News •
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 •
PCV Annual Report 2006
We are proud of our 2006 accomplishments, many of which are detailed in this report. We will deliver greater results in 2007 and beyond. We will leverage the powerful network of business advisors, entrepreneurs, investors, donors and workers that is the heart of PCV to reach hundreds of small businesses in lower-income areas across California. […]
Jul 28, 2015 – Blog and News •
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 •
Advising for Change – Business Advisory Service Assessment Executive Summary
PCV’s cornerstone program, the Business Advisory Service, attracts high-level, talented individuals from the business world as volunteers. These Advisors, who become part of PCV’s expanding network, help dynamic small businesses improve their capacity for growth. PCV also strives to create “mindset shifts” for Advisors and Advisees by building relationships across communities and teaching small businesses […]
Jul 28, 2015 – Blog and News • Small Business Advising And Mentoring •
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 […]