Co-Founder and Managing Partner at Maycomb Capital (She/Her/Hers)
Andi Phillips is a Co-Founder and Managing Partner at Maycomb Capital, an impact investing platform. At Maycomb Capital, Ms. Phillips leads one of the firm’s two flagship funds, the Community Outcomes Fund, which is the largest outcomes financing fund in the United States. Outcomes financing projects are next-generation public private partnerships that scale high-quality human service programs for low-income communities. For policymakers, outcomes financing is a tool that enables increased accountability and transparency in the contracting for and delivery of human services. For communities, outcomes financing can help drive better outcomes for individuals and families.
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, 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 and in the U.S. market.
Previously, Ms. Phillips was president of Seedco Financial, a Community Development Financing Institution, which provided affordable capital to small businesses and nonprofits in disadvantaged communities. At Seedco, she also served as Chief Program Officer, where among other responsibilities she managed performance-based contracts in workforce development, totaling over $100 million.
Ms. Phillips holds a BA from Tufts University and an MPP from the Harvard Kennedy School of Government. Phillips lives in Brooklyn, NY with her husband and three sons. She joined the Foundation's Board of Directors in February 2022.