-
Morningstar Gives Marks for Environmental Prudence
Morningstar has begun to rate more than 20,000 mutual funds on their environmentally sustainable characteristics, and that should give a boost to sustainable investing in general say organizations that promote impact investing.
- Categories
- Environment, Impact Assessment, Investing
- Tags
- impact investing
-
Janalakshmi, The Largest Microfinance Institution in India, Announces $210M Equity Round
Janalakshmi Financial Services Limited (“Janalakshmi”) today announced a $150 million (INR 10 billion) round of primary equity financing led by global private investment firm TPG. In addition, secondary transactions aggregating $60 million (INR 4 billion) will provide partial exits to existing investors.
- Categories
- Investing
- Region
- South Asia
-
Why ‘Impact Investing’ Will Pay Off in 401(K) Performance
Walk through the doors of Green Alpha Advisors in Boulder, Colorado and you get what you’d expect; an open space floor plan with an older model bike in the entryway that’s art (or maybe not) and a garage door to open on sunny days. Add in the organic nut company next door and the impact investing stereotype is complete—and paying off handsomely.
- Categories
- Impact Assessment, Investing
- Tags
- impact investing
-
In Jerusalem, Sir Ronald Cohen Ties Impact Investing to Solving Israeli-Palestinian Conflict
It was a hot morning down the street from the Knesset. With a backdrop of Jerusalem’s Malcha Technology Park to the left and minister-busing choppers flying to the left, and a blistering sun overhead, Forbes brought dozens of entrepreneurs from around the world to listen to leaders of co-creation and co-existence organizations discuss social entrepreneurship, conflict resolution, and startup pivoting.
- Categories
- Investing
- Region
- North Africa & Near East
- Tags
- impact investing
-
NexThought Monday: Don’t Brag That You’re More Selective than Harvard and Other Lessons in Startup Acceleration
Investors, foundations and governments all want to use their funding dollars most efficiently, but it takes time and sustained effort to gather useful data. Village Capital recently released a new report with Social Enterprise @ Goizueta that begins to shed light on an answer. Part of the Global Accelerator Learning Initiative (GALI), the study is the most ambitious effort to date to track what’s working in accelerators.
- Categories
- Investing
-
Catalytic Finance Initiative Brings Together Banks and Investors, Directs $8 Billion in Capital for High-Impact Sustainable Projects
A consortium of leading financial institutions and investors today announced a new partnership under the Catalytic Finance Initiative (CFI) to direct $8 billion in total commitments toward high-impact sustainable investments. Partners joining the CFI include AllianceBernstein (AB); Babson Capital Management LLC, a subsidiary of Massachusetts Mutual Life Insurance Company (MassMutual); Crédit Agricole CIB; European Investment Bank (EIB); HSBC Group; International Finance Corporation (IFC), a member of the World Bank Group; and Mirova, a subsidiary of Natixis Group, all of which have pledged capital and expertise to develop and advance innovative financing structures for investments in clean energy and other sustainability focused projects. In addition, the Aligned Intermediary, representing a group of long-term institutional investors, will collaborate on specific investment opportunities with members of the partnership. This announcement follows last year’s ratification of the United Nations Sustainable Development Goals (SDG) and the historic climate agreement in Paris. It aims to promote the SDG objectives, including acting on climate change and advancing access to clean energy and water.
- Categories
- Impact Assessment, Investing
-
Capria accepts inaugural cohort into Capria Network, prepares to accept second cohort
After completing its inaugural four-week Intensive, Capria has accepted 3 impact fund management teams into the Capria Network: iungo capital, Vakayi Capital, and Pomona Impact headquartered in Uganda, Zimbabwe, and Guatemala, respectively.
- Source
- Press Release
- Categories
- Investing
- Tags
- impact investing
-
For-Profit Bank Becomes First Benefit Corporation Bank in U.S.
Virginia Community Capital (“VCC”) announces that it has converted its wholly-owned, FDIC-insured, for-profit bank into a Benefit Corporation. VCC’s is the first regulated bank in the United States of America to become a Benefit Corporation. The conversion will attract new investors to help communities and people all across the Commonwealth of Virginia prosper. The conversion does not affect the bank's status as a state-chartered banking corporation.
- Categories
- Impact Assessment, Investing
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.