We are honored to be one of the New York City Economic Development Corporation's first investments through their innovative NYC Catalyst Fund! Launched in 2023, the NYC Catalyst Fund invests in impact-focused debt and equity fund managers, with the mission of funding diverse entrepreneurs, strengthening communities, and advancing economic mobility for New Yorkers. https://lnkd.in/gT-cF2GN
Maycomb Capital
Investment Management
A pioneering impact investing platform, funding strategies and enterprises that transform communities.
About us
The world’s problems demand patience, creativity and an appreciation for complexity. We drive capital toward effective solutions for underserved communities, using data and rigorous analysis to guide our decisions. We identify scalable and sustainable paths to positive change, tackling entrenched social and economic challenges. By harnessing the scale, expertise and risk tolerance of the private sector in service of the public good, we’re demonstrating what’s possible with mission-focused, flexible capital. Our approach is informed by deep expertise in finance, entrepreneurship and social justice. We provide financing across asset classes to fund strategies and enterprises that transform communities. Our flagship funds are: - The Community Outcomes Fund - The Social Entrepreneurs Fund We’re named for Maycomb County, the setting of Harper Lee’s classic novel To Kill a Mockingbird. Lee used Maycomb, a fictional district in Depression-era Alabama, as a backdrop for her universal story of the pursuit of justice. Her story sparked conversations about equity that still resonate today. Maycomb seeks to continue this dialogue, bringing innovative ideas to light through action.
- Website
-
http://www.maycombcapital.com
External link for Maycomb Capital
- Industry
- Investment Management
- Company size
- 2-10 employees
- Headquarters
- New York
- Type
- Partnership
- Founded
- 2016
Locations
-
Primary
Get directions
Brooklyn
New York, US
Employees at Maycomb Capital
Updates
-
We’re reflecting on last month’s Sorenson Impact Summit where Andi Phillips spoke alongside Jeffrey Cyr of Raven Indigenous Impact Foundation in a Q&A led by Janis Dubno, MBA of Sorenson Impact. The group shared their takeaways from a decade of outcomes-based financing and their hopes for the future of outcomes financed, community-led projects. Andi shared an important lesson learned in her early days in impact investing: “If you had that pool of flexible capital, it gave you the ability to be much more responsive to community need. And by being responsive to community need, we could drive bigger impact.” Read more here from their conversation on the evolution and growth of outcomes-based financing. https://lnkd.in/eHdScWSk
Lessons From Frontline Communities: A Decade Of Outcomes-Based Financing
social-www.forbes.com
-
We were thrilled to attend the homecoming celebration of Ms. Connie McMillian this past week in Volusia County, Florida. After sustaining extreme property damage from Hurricane Ian, Ms. McMillian quickly accessed critical home repairs. We’re honored to be working with SBP in partnership with Credit Human and Volusia County to provide urgent financial resources to homeowners so they can rebuild and return home faster in the wake of Hurricane Ian.
On Wednesday, July 17th, SBP hosted a ceremonial homecoming for Ms. Connie McMillian, a survivor of Hurricane Ian whose home in Volusia County, Florida was rebuilt through SBP’s Recovery Acceleration Fund in collaboration with Volusia County, Maycomb Capital, and Credit Human. SBP’s Recovery Acceleration Fund is a scalable social impact investment fund to assist disaster survivors who don’t have the means to repair their homes on their own. The RAF program is now enrolling more clients in Volusia County thanks to our partnership with Maycomb Capital and Credit Human, and thanks to the innovative collaboration with the Volusia County government.
-
-
We are #hiring another Investment Analyst for our Community Outcomes Fund & Outcomes Finance Accelerator Fund. If you are an early career financial analyst with modeling experience and a passion for improving health, education, and economic mobility for children and families in the US, please apply by 4 PM EST on Friday 7/26. https://lnkd.in/eD34xCNB #impactinvesting #socialimpact #financialanalyst #jobs
-
In the wake of natural disasters, low-income families suffer disproportionately, often sustaining extreme property damage or losing their homes altogether. We are honored to be working with SBP with support from Credit Human to provide urgent financial resources to low-income homeowners in Florida in need of home repairs after Hurricane Ian. SBP's Recovery Acceleration Fund will improve disaster response time in at-risk communities. Taken together, this effort will be the first ever disaster recovery fund in the state of Florida launched through outcomes financing. #impactinvesting #outcomesfinancing
We're excited to announce a new partnership between SBP and Maycomb Capital to speed up recovery for disaster-affected communities. With a $2M debt investment from Maycomb, and with support from lending partner Credit Human, SBP’s Recovery Acceleration Fund will provide the upfront capital needed to finance home repairs for disaster survivors who lack the means to rebuild on their own. SBP’s innovative social impact fund ensures that homeowners affected by #HurricaneIan in Florida can rebuild much faster–and return home. Read more: https://lnkd.in/gXXsMcSS
SBP and Maycomb Capital Partner to Accelerate Recovery for...
-
Maycomb Capital reposted this
It is always a joy and privilege to see Hello Family families thrive! Maycomb Capital is proud to finance the Hello Family interventions. Kaitlin Watts with a mic drop -- -“What we have is without Hello Family, low birth weights would be almost double, it’s telling us that NICU admissions would be a little higher and it’s telling us there would be more avoidable emergency room visits.”
🍼✨ Just released: "Nonprofits Aim to Increase Number of Babies Born Healthy"! Discover how dedicated organizations are making a difference for little ones everywhere. 💖👶 Hello Family City of Spartanburg Spartanburg Regional Healthcare System Institute for Child Success BirthMatters South Carolina Triple P Spartanburg
Nonprofits aim to increase number of babies born healthy
https://www.wspa.com
-
Maycomb Capital reposted this
Congratulations to Sorenson Impact and Raven Indigenous Impact Foundation for putting together this incredible report on the state of OBF in Canada. Great work Alan Lo, MBA, Janis Dubno, MBA, Jeffrey Cyr and Rebecca Waterhouse! Thanks for including Maycomb Capital's work.
Outcomes-based Finance (OBF) is a powerful tool that brings about change by flipping the traditional way of funding social or environmental programs to focus on outcomes rather than outputs or inputs. For Raven, OBF offers a direct pathway to the realization of the UN Declaration on the Rights of Indigenous Peoples & the Truth and Reconciliation of Canada 94 Calls to Action. For more information on how OBF is currently working in Canada, the benefits of this finance model and recommendations for how it can be better utilized, read the new report from Raven Indigenous Impact Foundation & Sorenson Impact on the State of OBF in Canada in 2023. #OutcomesFinance #OBF #Canada #UNDRIP #TRC94 For report: https://riif.ca/research/ https://lnkd.in/gg7tHted
Paying for results: Outcomes-based financing looks to the next chapter
theglobeandmail.com
-
"Pursuit has a track record of success, helping to lift low-income workers into good-paying jobs as software engineers." An incredibly well-deserved piece from The New York Times that highlights the engine of economic mobility that Pursuit has been for its Fellows. Kudos to Jukay Hsu and his entire team - we're proud to be a partner in this work! https://lnkd.in/eQXuPgAf.
A Jobs Program Broke the Rules to Succeed. Now the Rules May Change.
https://www.nytimes.com
-
Maycomb Capital reposted this
Maycomb Capital is #hiring! Know anyone interested in #impactinvesting with a focus on #economicmobility in the United States? Are they a talented communicator, a mission-oriented and entrepreneurial individual? We'd love to meet them! Click the link for more details and how to apply.
-
Maycomb Capital reposted this
Absolutely jazzed to soon have New York City Economic Development Corporation as another important partner in our work. Kudos to the brilliant leadership of Brinda Ganguly and her amazing team at NYCEDC. #impinv
We’re excited to announce NYC Catalyst Fund’s first two investments: Harlem Capital and Maycomb Capital Link to press release: https://lnkd.in/gT-cF2GN
-