References to catalytic capital pop up with greater regularity across our community of impact investors. An emerging definition describes Catalytic Capital as investment capital that is patient, risk-tolerant, concessionary, and flexible. Increasingly, it is recognized as an essential tool to support impact-driven enterprises and organizations that lack access to capital on suitable terms through the conventional marketplace. The Catalytic Capital Consortium or C3 aims to demonstrate the power of this form of investment to extend and deepen the reach of impact investing. But what does it really mean and, more importantly, how is it done effectively to seed early stage impact businesses, first time fund managers and new investment strategies?
During this session, we will hear from first-time fund managers with a JEDI (Justice, Equity, Diversity & Inclusion) investment thesis as well as an investor who committed early to the fund. We will unearth the catalytic elements of the deal, surface the barriers that keep money on the sidelines from these deals and hear from an investor perspective how to push through those barriers and commit to the investment.
