Fund Description
Prudential asked if they were GIIRS Rating as part of DD
Fund Mission
Small Business Community Capital II, L.P. (the “Fund” or “Partnership”) is being formed to provide capital to small businesses primarily in urban areas and inner cities. The Fund will, on a best efforts basis, look to invest at least 50% of its invested capital into impact investments defined as Small Business Concerns (“SBCs”) located in or employing residents of, or with at least 35% of its full-time employees at the time of initial investment residing in, Low-To-Moderate Income (“LMI”) areas. The Fund will invest in senior secured debt, subordinated debt and to a lesser extent equity. The Principals expect that the Fund will invest in a number of minority and women-owned companies. The Principals believe that this sector is increasingly underserved by traditional financing sources, which are focusing their attention on providing capital to larger corporate clients.
Vintage Year
2013
Geographic and Industry Investment Targets
Target Industry
Accommodation & food service | Administrative & support services | Agriculture, forestry & fishing | Arts, entertainment & recreation | Construction | Education | Electricity, gas & air conditioning | Financial & insurance activities | Human health & social work | Information & communication | Manufactured Goods | Mining & quarrying | Other services | Professional & technical services | Real estate, design & building | Retail | Transportation & storage | Water, sewerage & waste management | Wholesale
Target Industries Description
None provided
Investment Region(s)
North America
Countries of Investment
United States
Geographic Target Description
None provided
Impact Investment Targets
Impact Targets
Targeting the underserved | Community development | Socially beneficial supply chains
Impact Targets Description
Will seek to invest at least 50% if its capital into impact investments; Small Business Concerns located in or employing residents of, or with at least 35% of its full time employees in, Low-To-Moderate Income ("LMI") areas.
Socially Beneficial Products & Services
Economic &/or empowerment opportunities | Capital Flow (microfinance, equity, etc)
Environmentally Beneficial Products & Services
Education, measurement, or research