The House Appropriations Committee approved the FY ’15 Financial Services and General Government (FSGG) Appropriations bill. The Committee's bill includes $230 million for the CDFI Fund – an increase of $4 million over current year funding and $5.1 million over the President’s budget request.
Washington DC, June 25, 2014 Transform Finance Investor Network Launches With Pledge of $556 million “Transformative” Investments at White House Event A group of leading private sector investors, at a high‐level roundtable on impact investing convened by the White House, has pledged $556 …
Representatives and guests from the U.S. National Advisory Board to the Global Task Force on Social Impact Investment rang the Closing Bell at the New York Stock Exchange (NYSE) today to raise awareness about the role of public and private…
CDVCA member fund Bridges Venture has successfully completed final close of the Bridges Sustainable Growth Fund III. The fund closed at £125M, surpassing its original target of £100m, and is two-thirds larger than their second £75m fund raised in 2007.…
CDVCA serves as the General Partner for New York State’s “Innovate NY Fund, L.P.,†an economic development Fund of Funds, consisting of limited partnership investments into eight New York State-focused, early-stage venture funds.  The $45 million fund is a seed…
Earlier this month, Senators Max Baucus (D-MT) and Orrin Hatch (R-UT), the Chairman and Ranking Member of the Senate Finance Committee, wrote to their Senate colleagues asking for comments and feedback on tax reform. In the letter, Senators Baucus and…
Following Investors’ Circle’s Spring Venture Fair, IC members made a record-breaking $1MM in investments in the last month! IC is proud to announce investments in the following companies: California Safe Soil, DR2, Indow Windows, and SunFunder. These investments bring Investors’…
The Gym – A UK Dynamo CDVCA Member Fund Bridges Ventures sold its majority stake in The Gym, a milestone deal for Bridges and its fourth successful realization in just over 12 months, following the exits of The Hoxton (9x multiple),…
Earlier this month, Senators Max Baucus (D-MT) and Orrin Hatch (R-UT), the Chairman and Ranking Member of the Senate Finance Committee, wrote to their Senate colleagues asking for comments and feedback on tax reform. In the letter, Senators Baucus and…
The House Appropriations Committee met today to mark-up the FY 2014 Financial Services and General Government Appropriations Bill. The bill approved by the Appropriations Committee includes $221 million for the CDFI Fund, which while $3.9 million less than requested in…