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Maycomb Capital Closes $100 Million Impact Private Credit Fund

Reported by Morningstar ·Theglobeandmail
Oct 27, 2026· 2 min read
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Key Takeaways
  • • Maycomb Capital announced the final close of its Community Outcomes Fund II at its $100 million target, according to a October 27, 2026 ACCESS Newswire release.
  • • The fund is anchored by Ballmer Group and UnitedHealth Group, with additional commitments from corporations, financial institutions, foundations, family offices and individuals.
  • • The strategy provides flexible loans to mission-aligned nonprofit and for-profit organizations in early childhood, education, workforce development and health equity.
  • • Since its 2017 founding, Maycomb says it has committed over $118 million to 27 organizations.
  • • ImpactAssets' Deputy CIO Sandra Osborne Kartt said the firm diligenced Maycomb and has supported the strategy directly.
Summary
Maycomb Capital, an impact private credit firm, announced the final close of its Community Outcomes Fund II, reaching its $100 million target. The announcement, issued October 27, 2026 via ACCESS Newswire, says the fund provides flexible loans to mission-aligned nonprofit and for-profit organizations across early childhood, education, workforce development and health equity to expand economic opportunity across the United States.

The fund was anchored by the Ballmer Group and UnitedHealth Group, both described as longstanding partners of Maycomb. Additional commitments came from a range of corporations, financial institutions, foundations, family offices and individuals. Andi Phillips, Founder and Managing Partner of Maycomb, said returning investors and first-time backers alike share the view that impact and results can move together. ImpactAssets' Deputy Chief Investment Officer Sandra Osborne Kartt said the firm diligences every manager and that Maycomb stood out for its discipline in both credit and impact. ImpactAssets has also supported the strategy directly.

The release cites several early deployments. In Dallas County, Texas, the Commit Partnership is using a Maycomb loan to bridge state funds for college and career readiness advising, with a stated goal of reaching more than 34,000 high schoolers annually. Hamilton Health Box is opening microclinics in rural Texas and Oklahoma with a Maycomb loan. In Tennessee, Allied Behavioral Health Solutions is expanding its footprint using a structured loan; its executive director, Alison Peak, said the loan was timed to support hiring and space costs ahead of revenue.

Since its founding in 2017, Maycomb says it has committed more than $118 million to 27 organizations. The release describes the firm as women-owned and women-led and notes it offers a flagship U.S. economic mobility strategy as well as custom solutions. The release also carries standard disclaimers that testimonials are not representative and that it does not constitute an offer to sell fund interests.

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Morningstar Maycomb Capital Closes $100 Million Impact Private Credit Fund Theglobeandmail Maycomb Capital Closes $100 Million Impact Private Credit Fund