Angel City Advisors

Beyond Ventures is an investment and philanthropy advisory serving family offices, endowments, and foundations. Our clients include Pivotal, a group of organizations founded by Melinda French Gates to accelerate social progress for women and young people in the U.S. and around the world.

McKenzie Shanahan is more than just a company; we are a purpose-driven organization deeply committed to the revitalization of communities and the unlocking of potential in regions frequently overlooked by mainstream investment channels. We understand that true growth and innovation often come from areas that have been neglected or underfunded, and it is our mission to bridge this gap by providing essential capital where it is most needed. Our organization was founded on the belief that every community, no matter how small or underserved, has the inherent potential to thrive when given the right resources and support. At McKenzie Shanahan, we view our role not merely as financiers but as partners in progress. We work closely with local businesses, governments, and stakeholders to identify opportunities for development that can transform entire regions. By targeting these overlooked areas, we not only aim to stimulate economic growth but also to inspire a culture of innovation and entrepreneurship that can sustain long-term prosperity. Our approach to investment is holistic. We recognize that capital alone is not enough to drive meaningful change; it must be paired with strategic guidance, collaborative partnerships, and a deep understanding of the unique challenges and opportunities within each community. We are committed to crafting tailored solutions that address these challenges, ensuring that our investments lead to sustainable development and real, lasting impact. At McKenzie Shanahan, we believe that the success of our investments is measured not just by financial returns, but by the positive changes we help to bring about in the communities we serve. Our investments are designed to create a ripple effect - stimulating local economies, creating jobs, and enhancing the quality of life for residents. We strive to foster environments where businesses can grow, where innovation is encouraged, and where communities can thrive for generations to come. In an industry often focused solely on profit, McKenzie Shanahan stands out by placing equal importance on the social and economic well-being of the communities in which we invest. We are proud to be a driving force for change, helping to turn potential into progress, and vision into reality. Our commitment to these underserved areas is unwavering, and we are determined to continue making a significant difference, one community at a time. We are dedicated to identifying and nurturing the leaders of tomorrow by strategically investing in their potential today. Our focus is on discovering visionary entrepreneurs and innovative companies poised for significant growth and providing the capital, resources, and support they need to succeed in a competitive global market.

Gates Family Foundation (GFF) celebrated its 75th anniversary in 2021. Since its creation, the Foundation has distributed more than $550 million in grants, with another more than $65 million committed to impact investments in recent years. The Foundation endowment of approximately $575 million consists of both main Foundation assets and eight different family funds where family members house their philanthropic assets with the Foundation. Governance of the Foundation is a partnership of family and community representatives. The Foundation maintains a strong commitment to communities across Colorado through its responsive capital grant making as well as its initiated grantmaking in four key areas: Education: Expanding access to educational opportunities for all children in Colorado. Natural Resources: Supporting land conservation, water resource management, forest and watershed health, and stewardship of the state’s natural inheritance. Community Development: Addressing the root causes of economic inequality and inequitable community development, with particular emphasis on economic mobility and affordable housing. Informed Communities: Ensuring all Coloradans have access to trustworthy, rigorous, fact-based local news and information about important civic issues. In recent years, the Foundation has sought to increase its impact through more creative approaches to grantmaking, an expanded impact investing program, increases in staffing and expertise, and an increased focus on convening, partnering, and where appropriate, leading in the community. Climate has become a lens through which all Foundation grantmaking, investments, and activity are viewed, and since 2018, the Foundation has made an intentional commitment to advancing Diversity, Equity, and Inclusion (DEI) efforts internally and through its grantmaking, impact investing, and operations. To learn more about Gates Family Foundation and its programs, visit our website atwww.gatesfamilyfoundation.org.

Notley is an Austin-based band of relentless changemakers combating issues across multiple cause areas. Since 2015, Notley has provided the creative space and resources necessary to make the most impact in our communities. Through the use of magnetic risk capital, we work to bridge the gap of collaboration between for-profits and nonprofits to solve problems quicker. Our team of relentless changemakers’ work is inspired by our Core Values: Agility, Fearlessness, Integrative, Creativity, and Respect. Notley challenges the status quo with new models in communities across the nation, including Austin, Columbus, Denver, Philadelphia, and San Antonio. Together, we instigate outsized impacts. Part of Notley’s changemakers’ work includes for-profit investments that Notley makes directly through Notley Ventures along with Notley’s affiliation with Springdale Ventures. Springdale Ventures, founded in 2019, invests in and supports early-stage consumer product companies and manages relationships with hundreds of investors and industry partners. Its mission is to partner with passionate, resolute, founders to accelerate the growth of transformative consumer brands.

Founded by Henry Kravis in 1996 and capitalized by New York’s leaders of business and finance, our mission is to mobilize our investors’ resources - their money, time and influence - to create jobs, spur new business creation and to expand opportunities for all of the city’s residents and neighborhoods. The Partnership Fund for New York City is the $170 million investment arm of the Partnership for New York City, New York’s leading business organization. Our mission is to mobilize our investors’ resources - their money, time and influence - to create jobs, spur new business creation and to expand opportunities for all of the city’s residents and neighborhoods. We invest exclusively in New York City-based ventures - both for-profit and nonprofit - with an overall job creation priority. As an “evergreen” fund, realized gains are continuously reinvested. The city’s business leaders help us identify and support promising entrepreneurs, with hundreds of business leaders contributing annually on our sector advisory boards, investment evaluation teams and as judges and mentors in our programs.

For nearly 30 years, we have successfully identified and cultivated growth-oriented businesses that create good jobs for people living in areas overlooked by traditional VC firms. We finance and help to grow businesses that pay a living wage, provide basic benefits and host a fair and engaging workplace that offers opportunities for training and advancement. We view our investment relationships as collaborative partnerships. In addition to capital investment, we are actively involved in our portfolio companies – bringing our knowledge of socially responsible management practices and working together with our parent company, CEI, to introduce workforce development specialists along with environmental, technical assistance and consulting relationships. We view our investment relationships as collaborative partnerships. In addition to capital investment, we are actively involved in our portfolio companies – bringing our knowledge of socially responsible management practices and working together with our parent company, CEI, to introduce workforce development specialists along with environmental, technical assistance and consulting relationships. We focus our investments on dynamic, socially minded companies that exhibit a dual potential for high growth and positive community impact, particularly those that: Create good jobs and wealth building opportunities for workers with an emphasis on jobs targeted to people with low-to-moderate incomes, in alignment with CEI’s Good Jobs Framework. Are located in markets with more limited access to equity capital including rural areas and small cities. Are led by individuals underserved by the current equity markets, including people of color, women and veterans. Increase the availability of environmentally sustainable products/services that preserve natural resources, reduce waste/pollution or increase the adoption of renewable energy/clean technology. Strong investment candidates will also exhibit: Create good jobs and wealth building opportunities for workers with an emphasis on jobs targeted to people with low-to-moderate incomes, in alignment with CEI’s Good Jobs Framework. Prospects for attractive returns with an appealing market opportunity, realistic projections, appropriate valuation, and pragmatic exit plan. A competitive advantage through proprietary interest in technology, intellectual property, distribution system or other unique attribute. A deep commitment to social benefits including quality employment opportunities and environmental stewardship. Each portfolio company is required to sign a social agreement, securing a commitment to promote CEI’s mission. A viable exit plan within a reasonable time frame.