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ECMC Group
ECMC Group was established in 1994 as a nonprofit student loan guarantor agency. Dan Fisher leads the organization as President and CEO while Greg Van Guilder...
ECMC Group
ECMC Group was established in 1994 as a nonprofit student loan guarantor agency. Dan Fisher leads the organization as President and CEO while Greg Van Guilder serves as Chief Investment Officer. The firm originated from the Federal Family Education Loan Program and continues to focus on education finance and student success programs. The firm allocates across venture capital, secondaries, and credit strategies. Confirmed positions through the Education Impact Fund include BoodleBox, Kollegio, Stepful, YouScience, Be My Eyes, Backflip, Interplay Learning, Kyron Learning, and Springboard. Additional holdings encompass term loans to Performant Financial Corporation and equity positions in AEye and Local Bounti. Geographic exposure centers on the United States with select global holdings through platform software investments. Capital is deployed via direct co-investments, SPVs, and fund commitments rather than broad market indexes. The organization employs 1301 professionals and maintains its headquarters in Minneapolis. It owns multiple career college campuses in Tampa, Houston, and Atlanta through ECMC Education, Inc. The ECMC Foundation operates as an adjacent philanthropic vehicle with a national focus on underserved student populations. In March 2026 ECMC Group sponsored the EIF Catalyst 2026 Cohort on education and workforce startups. ECMC Group maintains a hybrid structure that combines a federal loan guaranty franchise with an active venture allocation program. This architecture allows the nonprofit to recycle program revenues into both grantmaking and direct equity investments without external limited partner capital.
General information
Firm type
Endowment / Foundation
Year founded
1994
Location
Region
North America
Country
United States
City
Minneapolis
Corporate office
111 Washington Avenue South Suite 1400, Minneapolis, MN 55401, United States
Principals
Dan Fisher
President and CEO
Greg Van Guilder
Chief Investment Officer
Jacob Fraire
President of ECMC Foundation
James V. McKeon
Chair of the Board of Directors
Sector focus
Frequently asked questions
Who runs investment decisions at ECMC Group?
Dan Fisher serves as President and CEO. Greg Van Guilder holds the Chief Investment Officer role and oversees portfolio construction across venture and credit holdings.
How does ECMC Group source proprietary deal flow?
The firm sources through its Education Impact Fund and direct relationships with early-stage education companies. It also participates in sponsored cohorts such as EIF Catalyst.
Does ECMC Group participate in fund commitments or only direct deals?
The firm acts as a limited partner in multiple vehicles while also executing direct co-investments and term loans. Holdings include both fund exposures and named operating companies.
What investment stages does ECMC Group typically target?
Activity centers on early-stage seed and startup rounds through the Education Impact Fund, with additional exposure to growth and secondaries strategies.
Where does the underlying capital come from?
Revenues derive from student loan guaranty operations and program administration under the Federal Family Education Loan Program.
Does ECMC Group maintain philanthropic structures, and how are they separated?
The ECMC Foundation functions as a separate grantmaking entity. It has distributed more than $399M since 2015 with a focus on educational outcomes for underserved populations.
What is ECMC Group's known posture on co-investments alongside external GPs?
The firm takes limited partner positions in external funds while retaining capacity for direct investments in the same sectors through its Education Impact Fund.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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