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Driving Ecosystem Change: An Interview with Eric Cooperström of the Skoll Foundation

Posted by Rachel Serotta  |  Apr 7, 2016 11:58:00 AM

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Over the past 15 years, the Skoll Foundation has been working to drive large-scale change by investing in, connecting, and celebrating social entrepreneurs and innovators advancing solutions to the world’s most pressing problems. The Foundation has been a long-time partner, supporting Root Capital with a combination of grant and debt funding for the past 10 years, and most recently provided a 10-year, $2 million loan that is subordinate to senior noteholders.

We recently had a conversation with Eric Cooperström, principal and head of follow-on investing at the Skoll Foundation, during which he reflected on the Foundation’s evolving support of Root Capital and what excites him about the future of our partnership.

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Topics: Capitalizing for Growth

How Open Road is Helping Us Confront Big Challenges for Even Bigger Impact

Posted by Rachel Serotta  |  Feb 24, 2016 3:05:16 PM

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Founded in 2012, Open Road Alliance is a private philanthropic initiative that provides grant capital to non-profits for mid-implementation projects facing an unexpected roadblock or a sudden catalytic opportunity. Open Road has been a donor to Root Capital since 2013 and most recently became a lender, providing a long-term loan that is subordinate to senior noteholders.

In this guest contribution, Maya Winkelstein, Open Road’s Executive Director, discusses the organization’s investment strategy and their evolving relationship with Root Capital.  

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Topics: Capitalizing for Growth

Q&A with Jeremy Mindich & Sarah Williams of Propel Capital

Posted by Rachel Serotta  |  Jan 25, 2016 12:42:55 PM

Jeremy Mindich spends his days running Scopia Capital, a hedge fund management company with over $5 billion in assets under management. Beyond his success on Wall Street, he is deeply committed to using capital to effect social change.

In 2008, Jeremy and Sarah Williams, former director of philanthropy programs for Pfizer Inc, co-founded Propel Capital, a philanthropic and impact investment fund, which has been a long-time supporter of Root Capital. Propel invests in innovative strategies to alleviate poverty globally. 

Propel recently provided Root Capital with a long-term loan that is subordinate to senior note holders. This capital is critical to Root Capital as it allows us to grow our loan portfolio and pursue our mission without being constrained by grant-funded net assets. We sat down with Jeremy, who also happens to be our board chair, and Sarah to talk about our long-term partnership and Propel’s most recent commitment.

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Topics: Capitalizing for Growth