Firm Overview

To meet the growing demand by stakeholders to address and prevent the risk of labor exploitation within supply chains, we invest in innovative, ethical solutions that enable greater transparency and corporate accountability through worker engagement, risk assessment, and product traceability, across both developed and emerging market contexts. 

In today’s globalized business environment, goods are often produced far from where they are purchased, successively changing hands along complex, multi-tiered and opaque supply chains that enable labor exploitation. Insecure and temporary employment makes workers vulnerable to dangerous conditions and inequitable treatment.  At the same time, trends in public policy, consumer awareness, and standard business behavior drive a growing market requirement for greater visibility into supply chains and labor conditions.  Yet the tools available to the corporate sector are inadequate, creating an attractive opportunity to invest in innovations that can be commercially viable and deliver impact for millions of vulnerable workers.  We invest to build sustained and scalable solutions that will be adopted by the private sector, and which not only reduce harm but point corporations to suppliers that can deliver positive working conditions. 

We are not aware of any other Fund which focuses on investing in solutions to inequity, worker insecurity and labor exploitation in the global supply chain. We take a multi-sector, heterogenous, ecosystem approach by investing in tools utilized by workers themselves as well as those (like Altana above) that operate within corporate procurement.  The Fund's LPs represent a varied set of vantage points that are vital to the selection and nurturing of our early stage investments. LPs include corporations, Family Offices/HNWI as well as human rights funders and impact investors.  The Working Capital Fund team combines unparalleled expertise in the field of labor rights and supply chains, combining that with financial acumen and impact investing experience.  The Fund was incubated within the leading human rights organization, Humanity United of The Omidyar Group. We remain part of TOG network, benefitting from cross-fertilization with other leading impact investors.