- New York
Maycomb Capital is a pioneering impact investing platform. We provide financing across asset classes to fund strategies and enterprises that transform communities.
At Maycomb, we know that the world’s problems demand patience, creativity and an appreciation for complexity. We drive capital toward effective solutions for underserved communities, using data and rigorous analysis to guide our decisions. We identify scalable and sustainable paths to positive change, tackling entrenched social and economic challenges. By harnessing the scale, expertise and risk tolerance of the private sector in service of the public good, we’re demonstrating what’s possible with mission-focused, flexible capital.
Our flagship funds transform underserved communities in two different - but complementary - ways:
- The Community Outcomes Fund (TCOF) provides outcomes-based (also known as pay-for-success) financing that match private capital with local priorities, realigning government programs with proven solutions to social challenges
- The Social Entrepreneurs Fund (TSEF) makes early-stage equity investments in the most promising entrepreneurs, upending traditional business models to create sustainable change
We’re named for Maycomb County, the setting of Harper Lee’s classic novel To Kill a Mockingbird. Lee used Maycomb, a fictional district in Depression-era Alabama, as a backdrop for her universal story of the pursuit of justice. Her story sparked conversations about equity that still resonate today. Maycomb seeks to continue this dialogue, bringing innovative ideas to light through action.
The Community Outcomes Fund:
It is estimated that the U.S. spends $800 billion annually on human service programs, yet less than 1% of these expenditures are backed by evidence that these services actually work. Outcomes-based financings, also known as Pay for Success, are next- generation public-private partnerships that leverage private financing to fund upfront working capital for services. Government pays only if the program achieves agreed-upon outcomes. These transactions have emerged as a new way for governments to fund what works and improve outcomes for disadvantaged communities. Given the likelihood of reductions in federal resources for human services, accessing private markets and smartly targeting dollars is more important than ever.
The Community Outcomes Fund is a dedicated pool of capital to invest in outcomes-based financing opportunities. Through our investments, we expect to spur tangible impact in low-income communities, help hold governments and other stakeholders accountable for results, and ultimately begin to move the needle on how those government dollars are spent.