Private Equity

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Stanford GSB Impact Fund

Stanford GSB Impact Fund is a private equity firm based in Stanford, US. It focuses on venture capital investments. The firm has 15 staff members, including 13...

Stanford GSB Impact Fund logo

Stanford GSB Impact Fund

Stanford GSB Impact Fund is a private equity firm based in Stanford, US. It focuses on venture capital investments. The firm has 15 staff members, including 13 investment professionals.

General information

Firm type

Private Equity

Year founded

2015

Location

Region

North America

Country

United States

City

Stanford

Corporate office

Stanford, CA, United States

Principals

Danielle DeVera

Co-Chief Executive Officer

Jeffrey Xia

Co-Chief Executive Officer

Hope Ditlhakanyane

Co-Chief Operating Officer

Dhanush Girish

Co-Chief Operating Officer

Paul Pfleiderer

Faculty Advisor

Kenneth Singleton

Faculty Advisor

Sector focus

EducationClimateTechFinTechHealthcare ServicesJustice & Urban Development

Frequently asked questions

Who makes the investment decisions at the Stanford GSB Impact Fund?

Investment decisions are made by student deal teams under the supervision of an investment committee. The committee includes faculty advisors Paul Pfleiderer and Kenneth Singleton, along with alumni and expert practitioners. Student Co-CEOs and COOs, who change annually, lead overall fund management.

How is the fund structured, and where does its capital come from?

The fund is structured as an evergreen vehicle housed within the Center for Social Innovation at Stanford Graduate School of Business. It is not a traditional limited partner fund; capital is provided to support the educational mission, though the specific funding sources are not publicly detailed. All financial returns are reinvested into new enterprises.

What types of companies does the fund invest in?

The fund targets early-stage, for-profit ventures that seek both financial returns and measurable social or environmental impact. Its portfolio spans seven verticals: education, climate (natural and industrial solutions), fintech, healthcare, and justice and urban development. Recent investments span neobanking, healthtech, and economic development platforms.

Does the fund participate in co-investments alongside external investors?

Yes. The fund explicitly invites co-investors to pursue shared investment opportunities and lists this as a way for outside parties to engage. The fund's student leaders manage these relationships as part of the educational experience.

How is the Stanford GSB Impact Fund related to the university's endowment?

It is entirely separate. The Impact Fund is an educational program operated by the Center for Social Innovation at the GSB, not a pool of the university's endowment assets. Its investment activities do not represent the investment decisions of Stanford's Management Company.

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