The University Venture Fund II Investment Parameters
The University Venture Fund—Impact Investing (UVF II) will target investments in companies in Utah and beyond that are seeking positive social and financial performance—providing benefits for low to moderate income people and other social outcomes while having the potential of scaling using traditional capital markets. The investments will be screened and targeted to be both CRA and PRI compliant for our investors.
UVF II invests in the U.S., primarily in the Intermountain West, but with some potential in select markets outside of the Intermountain West. UVF II targets assets with different risk and duration profiles in the following investment areas:
- Thematic impact venture capital, which includes more "traditional" venture investments on financial performance driving specific social impacts;
- University technology, which includes early-stage investments in tech developed at institutes of higher education; and
- Social innovation financing, which includes catalytic participation in domestic impact opportunities focused on areas of social welfare, urban renewal, and low income housing.