The David and Lucile Packard Foundation is a family foundation guided by the enduring business philosophy and personal values of Lucile and David, who helped found one of the world’s leading technology companies. The Foundation works on the issues our founders cared about most, including improving the lives of children, enabling the creative pursuit of science, advancing reproductive health, and conserving and restoring the earth's natural systems.
Solomon Hess Capital Management is an alternative asset manager with expertise in place-based impact investing. Our strategies provide investors with competitive, risk-adjusted returns as well as quantifiable, targeted community development impact. We achieve this by investing in Small Business Administration (SBA) 7(a) loans and other community development focused assets. Solomon Hess was founded in 2004 and had $660 million in assets under management as of December 31, 2017. Our flagship fund, the Solomon Hess SBA Loan Fund, has received a credit rating of Aaa-bf from Moody’s Investor Services, reflecting that the assets in the fund are of the highest credit quality. Our motto is “Managing Good Capital Well” and we are committed to helping our investors make a positive difference in their communities, promoting permanent job creation, retention and improvement in low- to moderate-income areas and creating greater financial liquidity and a lower cost of capital within the small business loan secondary market.