Andrea (Andi) Phillips is Co-Founder and Managing Partner at Maycomb Capital LP, a new impact investing platform, under which she is launching the Community Outcomes Fund, the first U.S. outcomes-based financing fund.
Ms. Phillips has over 25 years of experience leading, designing and implementing large scale, public-private partnerships that leverage private investment to address pressing social challenges. Previously, Ms. Phillips worked as a Vice President in the Urban Investment Group at Goldman Sachs, where she launched and managed the Goldman Sachs Social Impact Fund and led signature social impact bond investments for the firm including the investment in the Rikers Island Social Impact Bond, the first such transaction ever executed by a financial institution in the U.S. market. Ms. Phillips has been the principal investment professional, leading the investment for 4 of the 12 transactions done in the U.S. market, including transactions that financed recidivism reduction in Massachusetts and early childhood education in Utah and Chicago.
Previously, Ms. Phillips was president of a Community Development Financing Institution (“CDFI”), Seedco Financial, which provided affordable capital to small businesses and nonprofits in disadvantaged communities. At Seedco, she also managed performance-based contracts in workforce development, totaling over $100 million. Ms. Phillips holds a B.A. from Tufts University and an M.P.P. from the Harvard Kennedy School of Government. Ms. Phillips lives in Brooklyn, NY with her husband and three sons.