Impact Consulting
Community Equity Capital: The Opportunities and Challenges of Growth
InSight was commissioned by the Annie E. Casey Foundation in 2010 to research and analyze the recent performance of the community development venture capital (CDVC) sector. Our work, which continues in 2011, has resulted in the publication of a report on the challenges of private equity investing in underserved markets and makes recommendations to advance […]
Jul 28, 2015 – Blog and News • Impact Consulting • Impact Investing •
CalPERS California Initiative 2009 – Creating Opportunities in California’s Underserved Markets
CalPERS and Hamilton Lane engaged Pacific Community Ventures (PCV), a leader in measuring and interpreting community outcomes of private equity investments, to collect, analyze and report on the California Initiative’s ancillary benefits. Beginning with Phase I in 2005, this marks the fifth year PCV has collected and analyzed data from California Initiative portfolio companies.
Jul 28, 2015 – Blog and News • Impact Consulting • Impact Investing •
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 •
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 •
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 •
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 •
The Challenges and Opportunities of Investing in Low-Income Communities
In the last twenty years, the United States has lost over 3 million manufacturing jobs — 56,000 in June 2003 alone. For those workers who still have jobs, many are not being paid enough to live. The value of the current minimum wage, $5.15, is 21% less than it was in 1979. In the context […]
Jul 23, 2015 – Blog and News • Good Jobs •
A Big Idea for Job Creation
The California Organized Insurance Network (COIN) CDFI Tax Credit program (the Program), administered by the California Department of Insurance, has a track record of creating jobs in some of California’s most underserved communities. Drawing on a well-designed policy framework, an efficient and dedicated team of public officials responsible for COIN, and an effective statewide infrastructure […]