Impact Investing
Quality job creation + strong economic returns
Managed by a team of diverse investment professionals, HCAP Partners is nationally recognized for its commitment to improving job quality and thought leadership through the Gainful Jobs Approach™. The firm actively works to set industry standards as a mission-driven fund manager and has been an ImpactAssets 50 fund since 2014.
Investing with a Vision
HCAP Partners was founded with a mission to generate top-quartile returns while having a positive impact on underserved businesses and their communities. Our goal is to work with company leadership to develop a plan for long-term, sustainable improvements in the areas of financial results and work/life quality.
Through its proprietary impact framework, the Gainful Jobs Approach™, HCAP Partners actively engages with its portfolio companies to improve job quality standards with a focus on economic opportunity, DEI, and health & wellness.
The Gainful Jobs Approach™️
HCAP is considered among the first private equity firms to develop and successfully implement a quality jobs platform across every portfolio company. This platform is called the Gainful Jobs Approach™ and is an operational impact framework spanning initial investment diligence through to a liquidity event. The Gainful Jobs Approach™ starts with a robust quantitative measurement system to assess existing job quality standards and improvements, and includes active portfolio engagement to identify and implement workplace initiatives aimed at creating and maintaining high-quality jobs.
OVERVIEW OF THE GAINFUL JOBS APPROACH™ PROCESS
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THE BASELINE
At the time of investment, HCAP Partners works with portfolio company leadership to understand current job quality standards.
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STRATEGIC ROADMAP
HCAP Partners collaborates with management teams to develop a tailored Strategic Roadmap which includes actionable steps to improve job quality standards over time.
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PORTFOLIO ENGAGEMENT
HCAP Partners engages with portfolio companies regularly to understand progress towards goals in the Strategic Roadmap and to aid in the implementation of new workplace practices aimed at improving job quality standards.
KEY IMPACT THEMES
Our key impact themes surround economic opportunity, DEI, and health & wellness, and we seek to create better quality jobs within our investments. The majority of the capital we invest (70%+) is in the form of growth capital which typically results in job creation at the portfolio company.
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Impact Initiatives
HCAP Partners plays an active role in field-wide initiatives to help shape the impact investing ecosystem and promote systems change and positive impact beyond its direct work with companies. This has included sharing of best practices and lessons learned from HCAP’s investments, participation in programs to cultivate the next generation of diverse investment talent, research to make the business case for investing in quality jobs, and development of industry norms and standards for impact measurement and management. In addition, as a longstanding member of the impact investing field, HCAP has supported the formation of new industry bodies and organizations to help build the impact investing ecosystem. HCAP was a founding member of the Global Impact Investing Network (GIIN) and Impact Capital Managers (ICM).
We are proud to support HCAP Partners and its work to unlock resources for underserved businesses so they have the tools they need to grow, spurring new opportunities and high-quality jobs where they're needed most."
– Roy Swan, Ford Foundation Director of Mission Investments
