Babson College Entrepreneurship Professor Joel Shulman is launching a new mutual fund that invests in “Entrepreneurial” companies. The new fund (ticker IMPAX), considered the first-of-its-kind, has been funded with over $120M in institutional capital. Professor Shulman’s private funds have an 8+ year performance track record and are based on his proprietary models for selecting entrepreneurial companies. YTD performance for the US All Cap fund is over 41% and approaches 50% for US Large Caps.
