Abstract

• 2006 Social Impact Report, Banc of America Capital Access Funds. "Private Equity/Public Returns: A Case Study." [PDF]
• 2007 Social Impact Report, Banc of America Capital Access Funds, "Creating Opportunities for Communities and Individuals." ' Private Equity/Public Returns: A Case Study--Year Two; Social Impact Data Summary; The View from Here: Funds Perspective' [PDF]

BACAF and its investors, Bank of America, CalSTRS and CalPERS, have deployed capital in private equity funds that have the capacity to deliver financial returns while providing capital to people and communities that have traditionally lacked access to such capital. In return, these funds have brought their professionals' skills to bear in exciting companies that exhibit promising prospects while also building capital links that in many instances had not previously existed.

With funding from the Kauffman Foundation, the UNC Center for Community Capital has been documenting the social outcomes of these investments. Annual reports, printed by Bank of America, illustrate the economic opportunities created by investments in minority-run ventures, inner-city companies, rural enterprises and ventures that hire lower-wage workers or supply underserved customer groups.

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Banc of America Capital Access Funds