K-20
Private limited partnership. Impact investing fund designed to take advantage of the changes occurring in post-secondary education. Fund invests in Income Share Agreements (ISA’s) and Online Program Management (OPM). Hurdle rate of 5%, fund aims for 300 basis points higher than the yield on the high-yield ETF (HYG:NYSE).
CHUCK TRAFTON, EDLY ISA
Every now and again, I come across someone I want to interview but they aren’t quite the right fit for MiB. Either the firm is too new or the assets too small or some other issue comes up.
That was the case with Chuck Trafton, a fund manager for FlowPoint Capital near Boston who I met years ago through John Roque. Trafton has been actively involved in Income Share Agreements (ISAs) through Purdue University, and now runs Edly, a marketplace for ISAs.
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