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General Information

Websitecalvert.com
Phone800-327-2109
Employees

Funds

Offices

Bethesda, USA
4550 Montgomery Ave.
Suite 1000N
Bethesda, MD, 20814
USA

People

President, Chief Executive Officer and Chair
Senior Vice President
Chief Compliance Officer
President

Tags

Calvert Social Venture Partners

Calvert Group Ltd., known in 1976 as the Government Securities Management Company (GSMC), was brought to life by two young entrepreneurs driven by the need for change and creativity. While conventional investment strategies at the time recommended putting capital into low-interest-bearing savings accounts, former college friends D. Wayne Silby and John G. Guffey, Jr., saw the opportunity to create a higher-yielding money market fund available to the general public. In 1976, they introduced the First Variable Rate Fund—the first variable-rate money fund in the country—that sought to combine short-term, fixed-rate securities with long-term, variable-rate securities to provide attractive yields, as well as a strong measure of safety.

Milestones

Investments

Company Date Round Size Participants
Powerspan 6/08Series D$50M2
groSolar 6/08Series D$2.5M3
Plethora Technology 6/05Series A$1M3

Videos

Sources

  1. Powerspan Corporation Secures $50,000,000 Series D Funding (xconomy.com) [edit]
  2. groSolar Completes $2.5M Financing (sustainablebusiness.com) [edit]
  3. Plethora Receives $1 Million in New Investments for Its Mobile Computing Platform (allbusiness.com) [edit]
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Last Edited 7/25/10

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