Investing in a Resilient California

The California Impact Fund is a venture credit fund building economic resilience for low and middle-income (LMI) Californians.

Investing in a Resilient California

The California Impact Fund is a venture credit fund building economic resilience for low and middle-income (LMI) Californians.

WE BELIEVE
Our state's affordability crisis requires a two-fold solution: increasing incomes and decreasing expenses for LMI Californians.
Aerial View of California
WE BELIEVE
Our state's affordability crisis requires a two-fold solution: increasing incomes and decreasing expenses for LMI Californians.
Aerial View of California
OUR MISSION
Investing in a Resilient Future for California
At the California Impact Fund, our mission is to empower high-impact entrepreneurs who are building economic resilience across the entire state of California.

California, the world’s fifth-largest economy, is renowned for its innovation and robust capital markets. Yet, 30% of Californians live at or near the poverty line, and the state experienced its first population decline from 2021 to 2023, driven by affordability and quality-of-life concerns.

Despite its reputation as a land of opportunity, many Californians face significant barriers to achieving their aspirations.

Our goal is to shift this dynamic by intentionally directing capital to all corners of the state, particularly to the often-overlooked 47 counties.
OUR MISSION
Investing in a Resilient Future for California
At the California Impact Fund, our mission is to empower high-impact entrepreneurs who are building economic resilience across the entire state of California.

California, the world’s fifth-largest economy, is renowned for its innovation and robust capital markets. Yet, 30% of Californians live at or near the poverty line, and the state experienced its first population decline from 2021 to 2023, driven by affordability and quality-of-life concerns.

Despite its reputation as a land of opportunity, many Californians face significant barriers to achieving their aspirations.

Our goal is to shift this dynamic by intentionally directing capital to all corners of the state, particularly to the often-overlooked 47 counties.
WHAT WE DO
Our Focus Areas
The California Impact Fund focuses on two key themes: workforce development and affordability.
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Workforce Development

We invest in solutions that aim to raise incomes for low- and middle-income Californians. This includes professional development platforms, shared ownership strategies, and initiatives that close the gap between current workforce skills and future industry needs.
A picture showing a female ascending the stairs
A picture showing a female ascending the stairs.
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Affordability

Our investments target tech-forward companies driving innovation and decreasing expenses across housing, inclusive financial services and healthtech.
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HOW WE DO IT
Our Investment Approach
The California Impact Fund adopts an innovative “venture credit” strategy, allocating approximately:

75%

to debt investments that offer minimally-dilutive capital

25%

to equity or warrant execution

Post-Series A and Growth Stage

We focus on post-Series A and growth-stage companies that are cash flow positive or on the path to profitability. Our approach allows us to provide the capital needed to scale impactful businesses while aligning with their financial and operational goals.
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HOW WE MEASURE SUCCESS
Our Impact
A rigorous impact approach building on 20+years of global impact investing.

75%

to debt investments that offer minimally-dilutive capital

25%

to equity or warrant execution

Post-Series A and Growth Stage

We focus on post-Series A and growth-stage companies that are cash flow positive or on the path to profitability. Our approach allows us to provide the capital needed to scale impactful businesses while aligning with their financial and operational goals.
IMPACT OBJECTIVES
MEASUREMENT FRAMEWORK
IMPLEMENTATION POLICY
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Improving earnings and wealth through employment and enterpreneurship
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Improving job skills for the future
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Improving financial health
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Increasing housing affordability
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Reduce financial barriers to health services
icon showing rise in earnings
Improving earnings and wealth through employment and enterpreneurship
file icon
Improving job skills for the future
Icon for Money
Improving financial health
home icon
Increasing housing affordability
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Due diligence of impact and pre-investment.
Measurement of impact post-investment.
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Accountability through third party impact audit.
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THE PEOPLE BEHIND THE MISSION
Meet the Team
The California Impact Fund is led by the founding team of Patamar Capital, who bring decades of investment expertise and a proven track record of addressing global challenges through innovative financial solutions.

With over 70 years of combined experience—including the last 20 years pioneering global “impact investment” products—the team has consistently delivered top-tier financial returns for institutional investors while creating measurable social impact for millions of low- and middle-income people.

Now, they are bringing these lessons closer to home by establishing the California Impact Fund to tackle some of the state’s most pressing challenges.
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Geoff “Chester” Woolley

PARTNER
Geoff joined Patamar Capital as a Founding Partner and a member of the investment team in 2009. He has been active in venture capital investing for over 30 years, managing more than $2 billion in investment capital, investing both debt and equity in over 400 companies, including Ciena, Coinstar, Hotmail, and Human Genome Science.
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G. Lee FitzGerald

PARTNER
Lee joined Patamar Capital as a Founding Partner, a member of the investment team, and leader of the operations team in 2009. He brings three decades of investment and operational leadership in various commercial sectors. Lee co-founded Patamar Capital’s Beacon Fund in 2020, a private-credit fund investing in female-led businesses globally.
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Ryan S. Zoradi

PARTNER
Ryan joined Patamar Capital in 2013 as a member of the investment and operations teams. Working directly with Geoff and Lee, Ryan has successfully developed and operated Patamar's platform across 4 funds and 60 investments, managed fundraises totaling $90M+ in impact capital.
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Satchith Kurukulasuriya

DIRECTOR OF OPERATIONS
Satchith is the Director of Operations at Patamar Capital and drives Finance, Portfolio Management and Impact Measurement accross all Patamar funds. Preceding his transition to a role in the Operations team, Satchith worked as part of the Investment team of the firm from 2018 – 2021.
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Hasangi Tennakoon

FINANCE ASSOCIATE
Hasangi currently serves as a Finance Associate where she specializes in accounts payable and receivable, management accounts, budgeting, cash flow optimization, and audit support. Previously, she worked at Ceylon Cold Stores, managing taxation finance.
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Shuyin Tang

ADVISOR
Shuyin focuses on investment opportunities in Southeast Asia and is the Founder and CEO of the Beacon Fund. Shuyin was named one of Australia’s “100 Women of Influence” by the Australian Financial Review in 2015 and is a current World Economic Forum Young Global Leader
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Tobi Oyebade

ASSOCIATE
Tobi joined Patamar Capital in 2022, working out of the firm's headquarters in San Francisco, and focusing on operations, portfolio management, and investor relations. Tobi is also the Director of the California Impact Fellowship, a nonprofit workforce developmen organization that helps underrepresented California-based university students break into the venture capital industry.
Get in touch

Location

450 Geary Street Suite 100
San Francisco, CA 94102, USA.

Contact

Support@calimpact.com
+1 805 234 1241
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