R
$
+18.4%
Back to Funds
30% Allocation · Target 12-15% IRR

Permanent Vehicle 
Capital 

Patient, long-term investment free from fixed exit timelines. Supporting transformative businesses that create lasting community impact.

Patient Capital, Lasting Impact

Unlike traditional private equity with fixed exit timelines, our Permanent Vehicle Capital mandate allows us to invest with patience and purpose. This approach is particularly suited to businesses that need sustained support to achieve transformative scale.

We focus on three key areas: worker-owned enterprises, community anchor businesses, and just transition initiatives that support workers and communities affected by the shift to a low-carbon economy.

This mandate embodies COMANCO's founding principle — that workers' capital should work for workers and their communities, not just for short-term financial returns.

Focus Areas

Worker-Owned Enterprises

Businesses with meaningful employee ownership structures

Community Anchors

Economic engines that serve and uplift local communities

Just Transition

Supporting the shift to a sustainable, low-carbon economy

R
$
+18.4%

Key Parameters

Target IRR12-15%
Investment HorizonNo fixed exit
Allocation30% of fund
FocusWorker ownership