The world of community development finance has grown increasingly sophisticated in its multi-faceted responses to poverty, joblessness and environmental degradation. One of the most sophisticated approaches involves the marriage of the tools of venture capital and private equity investing with a wide range of social goals. This approach — what is termed by its adherents "community venture capital"— has been successful at stimulating productive economic activity in resource-starved communities while encouraging the creation and growth of business dedicated to the "double bottom line." The authors of Standard Documents for Community Development Venture Capital Transactions have adapted the model documents found in Joe Bartlett's Equity Finance treatise for use by a coalition of funds engaged in a different kind of private equity investing. Co-published with Community Development Venture Capital Transactions.
About the Author, Joseph W. Bartlett
Joseph W. Bartlett is a Partner at Morrison & Foerster, LLP in the firm's New York City office. He is also Adjunct Professor at New York University School of Law. Mr. Bartlett is an expert in corporate restructurings and venture capital transactions.
An adaptation of some of the model documents found in Joseph Bartlett's treatise for use in that marriage of venture capital and private equity investing used to promote social goals known as "community development venture capital." Documents include a preferred stock purchase agreement, a shareholders agreement, a certificate of incorporation, and a registration rights agreement. Annotation c. by Book News, Inc., Portland, Or.
