CDVCA Central Fund


The CDVCA Central Fund currently has almost $6 million that has been invested in conjunction with our member funds through two types of investments: Fund of Funds investments and Co-investment Fund investments.

Employee at
Ryla Teleservices

Fund of Funds investments are made in CDVCA member funds with missions of creating high-quality jobs and wealth, improving the lives of low-income people, and benefiting distressed communities. Co-investment Fund investments are direct equity investments made in partnership with other funds. Companies that meet CDVCA’s financial and social criteria in any industry sector except real estate are eligible.

The investments lead to creation of substantial job opportunities for low-income residents. Our objective is to ensure that more than half of the jobs created go to people with respectively low-incomes (less than 80% of area median) prior to taking the job. We also seek other social returns, such as encouraging minority and women ownership, environmentally sustainable businesses, production of products useful to communities, and the promotion of socially responsible business practices.