Collaboration Capital Portfolio Contributor SixUp receives worthy mention in Harvard Business Review article “The State of Socially Responsible Investing.”
Sixup is taking tremendous strides in giving securitization new life as a tool for social impact. By providing an education finance platform, founder Sunwoo Hwang and the team at SixUp are giving high-achieving students who are from low-means environments and who are quite often first-generation students the ability to attend four-year colleges and universities. The families of these students frequently don’t have credit scores or would, because of their income, otherwise find themselves unable to secure funding for the ever rising price of higher education.
It’s not just about providing access to capital though- SIXUP takes a vested interest in these student’s success. As the Harvard Business review points out:
“Along with loans, Sixup provides students with tutoring, job-matching, and other counseling. Sixup currently counts Goldman Sachs as its largest lender. Once it has reached $100 million in total lending assets, it will test the market with a securitization—a critical milestone towards scale. Over time, as their lending assets grow, Sixup plans to tap into the broader fixed income markets, as well as more traditional securitizations. If successful, it has the potential to mobilize more than $1 billion towards the Future-Prime market providing thousands with a stronger pathway to economic mobility.”
Please take a moment to read the full article at the link below. To discover more about the network of collaborators and portfolio contributors who make Collaboration Capital a success, simply fill out the contact form HERE.
Collaboration Capital CEO, Christopher Knapp, was invited to participate in and help lead a national discussion on social entrepreneurship and investment opportunities tied to early stage for-profit companies solving complex problems.
Why forgoing a car in Houston, Texas is turning out to be the ride of this writer’s life
In “The Opener” section of the July/August issue of Monocle magazine, published in London and distributed world wide, one can find articles on Vienna’s water, Vancouver’s mini libraries, Berlin barbecues, and Collaboration Capital founder and CEO Christopher Knapp’s essay about foregoing a car in Houston, one of America’s most car-centric cities.
You may shop and eat local but do you invest local? Houston-based NextSeed started in 2015 and has made investing locally possible in a way that wasn’t available before. NextSeed is a community-driven investment and financing platform, which means it’s the newest, and one of the only forms of true local investment available to the average Houstonian. It’s changing the way people in Houston—and across the US—invest their money.
Collaboration Capital CEO, Christopher Knapp, presented “Impact Investing: Understanding the Spectrum and Gaining Additional Insights” at the AICPA Not-For-Profit Industry and Private Foundation Summit on June 21st in Washington, DC.
He spoke about the spectrum of impact investing tools used by private foundations from grants to maximizing return on traditional investments, and everything in between. Speakers provided examples of interesting investments which qualified as Program Related Investments as well as those that did not. Presenters shared lessons learned, risk factors, dos and don’ts.
Scott Kegler, from Aon, shared this report from the recent FOA San Francisco 2018 conference where Collaboration Capital CEO, Christopher Knapp, presented.
Collaboration Capital CEO, Christopher Knapp, presented at the 2018 Family Office Association San Francisco Investment Forum on Tuesday, May 22nd. The title of Mr. Knapp’s presentation was: Forward Looking Families; Redefining the Civic Forum.
The Family Office Association (FOA) hosts investment summits, retreats, workshops and gatherings at intimate locations around the world for family members and their single family office executives.
Collaboration Capital hosted its second in a series of City Building Template discussions in Chicago, on May 2nd. CEO, Christopher Knapp, led a discussion on the role of for-profit, problem solving companies in building communities of lasting prosperity. Jon Soberg, co-founder of Flexcap, and Bill Page, Senior Vice President & Senior Portfolio Manager, Essex Investments, joined Mr. Knapp.
To Jacob Haar, a market that under-lends to businesses owned by women, minorities and veterans is inefficient. To seize that opportunity, Community Investment Management, a San Francisco impact investment firm, is financing a new crop of lenders using data and technology to better understand small-business borrowers.
Techies are used to making the impossible possible. Bankers, not so much. But I’ve been struck by a common theme in many of the recent deals ImpactAlpha has rounded up in our Dealflow column, as well as in a bunch of conversations with financiers. Things that were impossible even a few years ago are now possible, and profitable.