Publications
Investing In Small Business and Big Ideas: Pacific Community Ventures 2018 Social Impact
Too many people are struggling to make ends meet because they haven’t been given a fair chance. In 2018 the unemployment rate dropped to a 17-year low, yet almost half of American workers are stuck in low-wage jobs; the number of new small businesses is at rock bottom; and race or where you’re born are […]
May 21, 2019 – PCV News • Publications •
Our Theory of Change
Pacific Community Ventures has been driven to create good jobs, empower small businesses, and help impact investors more effectively invest in underserved communities since our founding in 1998. We’ve invested close to $100 million of capital and pro bono advising hours in quality-job-creating companies, and influenced a growing pool of tens of billions in impact […]
Apr 01, 2019 – PCV News • Publications •
Good Jobs, Good Business
If you glance at official numbers in the news, the economy appears to be doing just fine. Unemployment is down, and household incomes are up relative to the recession years. Working Americans know a very different reality. More than one-fifth of adults are behind on their bills, more than one-fourth skipped necessary medical care in […]
Jan 10, 2019 – Good Jobs • PCV News • Publications •
California Initiative 2017 Report
The thirteenth annual report examining CalPERS’ California Initiative, a $1 billion private equity, economically targeted investment (ETI). The California Initiative seeks to invest in companies located in traditionally underserved markets, primarily, but not exclusively, located in California. The California Initiative’s primary objective is to generate attractive financial returns, meeting or exceeding private equity benchmarks. As […]
Jun 18, 2018 – Impact Investing • Publications •
CalPERS For California 2017 Report
The eighth annual report documenting the California Public Employees Retirement System’s $30 billion of investments in California as of June 30, 2017. The report provides an examination of the broad ancillary benefits of all CalPERS investments in California across the asset classes of public equity, fixed income, private equity, real estate, and infrastructure. CalPERS is […]
Jun 18, 2018 – Impact Investing • Publications •
20 Years Of Investing In Small Business And Big Ideas
Too many people struggle to make ends meet because they’re denied opportunities to prosper. Over our 20-year history, Pacific Community Ventures has given people a fair shake and access to the things that make communities strong, like good jobs, affordable housing, and healthy food. Our unique combination of fair lending, free mentorship, skilled volunteerism, and […]
Jun 06, 2018 – PCV News • Publications •
California Initiative 2016 Report
The twelfth annual report examining CalPERS’ California Initiative, a $1 billion private equity, economically targeted investment (ETI). The California Initiative seeks to invest in companies located in traditionally underserved markets, primarily, but not exclusively, located in California. The California Initiative’s primary objective is to generate attractive financial returns, meeting or exceeding private equity benchmarks. As […]
Jun 19, 2017 – Impact Consulting • Impact Investing • Publications •
CalPERS For California 2016 Report
The seventh annual report documenting the California Public Employees Retirement System’s $27.3 billion of investments in California as of June 30, 2016. The report provides an examination of the broad ancillary benefits of all CalPERS investments in California across the asset classes of public equity, fixed income, private equity, real estate, and infrastructure. CalPERS is […]
Jun 19, 2017 – Impact Consulting • Impact Investing • Publications •
Economically Targeted Investments (ETIs) by U.S. Pension Funds
U.S.-based public and private pension funds have been making Economically Targeted Investments (ETIs)—investments that generate societal benefits in addition to the investment return—since the 1960s. Over this time, pension funds have sought risk-adjusted returns for their plan’s participants and beneficiaries through investments in worker-friendly affordable housing, in-state businesses, infrastructure, and other projects. The practice of […]