Clear Vision Impact Fund’s $250 Million Fund Formation

Winston & Strawn LLP represented Siebert Williams Shank & Co. LLC. in the transaction.

Siebert Williams Shank & Co. LLC. acted as sponsor, general partner, and investment manager, in the formation of a $250,000,000 investment fund known as Clear Vision Impact Fund, LP (“Clear Vision Impact Fund”), formed to enhance employment, job training, and the accessibility of educational opportunities in historically underserved communities by originating and making loans to, and investing in, small businesses that are minority- or women-owned or operated, or that serve underperforming communities that have experienced a historical lack of capital to support economic growth.

In a widely publicized deal, the initial limited partners of Clear Vision Impact Fund are Microsoft Corporation, Apple Inc., eBay Inc., Comcast Corporation, and Constellation Brands, which provided $110,000,000 in capital commitments for Clear Vision Impact.

Siebert Williams Shank & Co., LLC is a full-service Investment Banking and Financial Services Company founded in 1996.

Winston & Strawn’s team included partner Amy M. Gordon, partner Robert B. Heller (Picture), associate Eunice Chay, of counsel Jay B. Gould, associate Jason R. Parnell, partner Gregory M. Weston and partner Alan B. Roth.

Involved fees earner: Eunice Chay – Winston & Strawn; Amy Gordon – Winston & Strawn; Jay Gould – Winston & Strawn; Robert Heller – Winston & Strawn; Jason Parnell – Winston & Strawn; Alan Roth – Winston & Strawn; Gregory Weston – Winston & Strawn;

Law Firms: Winston & Strawn;

Clients: Siebert Williams Shank & Co. LLC;

Martina Bellini

Author: Martina Bellini