LP profile · Foundation
Zero Gap Fund
Zero Gap Fund is a foundation headquartered in United States (North America). Ranked #8 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- The Zero Gap Fund was launched in 2019 as a collaborative impact investing initiative by The Rockefeller Foundation and the John D. and Catherine T. MacArthur Foundation.
- The fund was established to deploy catalytic capital to help close the funding gap for the UN Sustainable Development Goals (SDGs).
Source of Capital
- The fund's capital is sourced from its two founding partners: The Rockefeller Foundation and the John D. and Catherine T. MacArthur Foundation.
- By the end of 2023, the fund had fully committed its initial $30 million, which was used to mobilize over $1 billion in private co-investments.
Major Events
- In 2023, the fund successfully mobilized over $1.04 billion in private capital across 12 different investment strategies.
- By early 2024, two of the fund's initial investments had matured, marking a significant milestone in its portfolio development.
Allocation Strategy
- The fund utilizes catalytic capital, which is characterized as flexible, patient, and risk-tolerant, to de-risk and attract private investment into high-impact strategies.
- Its investment mandate is global, with a focus on financing solutions that directly address the UN Sustainable Development Goals.
- The fund invests in a variety of strategies and financial instruments, including backing an African-led effort for an Extreme Climate Facility and supporting the development of instruments like the Forest Resilience Bond.
Sources
- https://www.rockefellerfoundation.org/initiative/zero-gap-fund/
- https://www.rockefellerfoundation.org/news/zero-gap-fund-mobilizes-1-04b-in-private-capital-to-advance-un-sustainable-development-goals/
- https://philanthropynewsdigest.org/news/rockefeller-helped-mobilize-more-than-1-billion-to-sdg-fund
- https://esgnews.com/rockefeller-foundations-zero-gap-fund-mobilizes-1-04-billion-to-tackle-global-challenges/
- https://sdgnews.com/rockefeller-foundations-zero-gap-fund-raises-1-04-billion-to-advance-un-sdgs/