Bhairvee Shavdia Selected for Aspen Institute’s Job Quality Fellowship

The Job Quality Fellowship aims to support and strengthen the work of leaders dedicated to expanding access to and availability of better quality jobs in our economy.

San Diego, CA (October 04, 2018) – HCAP Partners, a California-based mezzanine debt and private equity firm and recognized impact investor, announced that Impact Associate Bhairvee Shavdia has been selected for Aspen Institute’s Job Quality Fellowship. Hosted within Aspen Institute’s Economic Opportunities Program (EOP) and supported by Prudential Financial and Ford Foundation, the 2018-19 Fellowship includes seventeen leading innovators working to advance job quality in the United States.  

The Job Quality Fellowship Program is a part of EOP’s long-standing efforts to expand opportunities for people to connect to quality work, build assets, attain economic stability, and pursue their American Dream. This year’s fellows are thought and action leaders from innovative businesses, investors, governments, and nonprofits from around the country that are taking on this challenge with diverse sets of approaches and solutions.

“The changing economy means we need to work together to design a world of work that offers opportunities for prosperity and security for all working people,” said Maureen Conway, executive director of the Economic Opportunities Program. “We’re excited to be working with these extraordinary leaders and to see what they can learn from one another and accomplish by working together.”

“It’s an honor to be in the company of this esteemed group of innovators,” commented Bhairvee Shavdia. “I look forward to the ongoing dialog and the development of a new narrative around job quality that supports long-term, sustainable improvements.”

“We are very proud that Bhairvee has been selected to join such a distinguished group of Fellows. She has been instrumental in leading the implementation of our firm’s Gainful Jobs Approach™ with our portfolio companies. Her passion for quality jobs will be a wonderful complement to the Aspen Institute’s mission,” said Tim Bubnack, managing partner of HCAP.   

Bhairvee Shavdia joined HCAP Partners in September 2015 and holds a unique role spanning both the firm’s Impact and Investment practices. Bhairvee has led the construction and implementation of HCAP’s current impact framework and methodology around quality job creation, the Gainful Jobs Approach™, and she is a key contributor to the firm’s continued recognition as a thought leader in the impact investing field.  Bhairvee holds a B.S. in Economics from the Wharton School of the University of Pennsylvania with a dual concentration in Finance and Actuarial Science and an M.B.A. from Columbia Business School.

About The Aspen Institute

The Aspen Institute is an educational and policy studies organization based in Washington, DC. Its mission is to foster leadership based on enduring values and to provide a nonpartisan venue for dealing with critical issues. The Institute is based in Washington, DC; Aspen, CO; and on the Wye River on Maryland’s Eastern Shore. It also has offices in New York City and an international network of partners. For more information, visit

About HCAP Partners

HCAP Partners was founded in 2000 and is a provider of mezzanine debt and private equity for underserved, lower-middle market companies throughout California and the Western United States. The firm seeks to invest $2 million to $9 million in established businesses generating between $10 million and $75 million in revenues in the healthcare, software, services, and manufacturing industries. HCAP Partners has invested in over 60 companies since it was founded and through ongoing, active engagement with portfolio companies the team at HCAP Partners provides value-added resources to help optimize performance and increase enterprise value. The firm has been recognized as an ImpactAssets 50 fund five years running and, through its Gainful Jobs Approach™, works to facilitate a positive impact on underserved businesses, their employees, and their communities through active portfolio engagement. Partners Tim Bubnack and Frank Mora and Principals Hope Mago and Nicolas Lopez lead HCAP Partners’ investment team. For more information, please visit