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Small Business Community Capital, L.P.
Fund Manager Name: Small Business Community Capital, L.P.
Fund Manager Website: www.sbccfund.com
Rated:

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