-
Ronald Cohen’s Impact may get $2 billion for India
“Impact is mainstream in India now. These will be two large catalytic vehicles. We are starting a series of consultations in India which will culminate into a launch in October this year,” said Ronald Cohen, Chairman, GSG who is also Co-Founder and Director of Social Finance UK, Social Finance USA, Social Finance Israel.
- Categories
- Investing
- Region
- South Asia
-
Press release: Capria Network Fund Managers to Raise USD $200 Million in Funding in 2018
Capria, a global investment firm advancing the next generation of local impact fund managers in emerging markets, today announced that the 11 fund managers that currently make up the Capria Network aim to collectively raise ~USD $200 million in funding by December 2018. Capria Network fund managers will deploy funds in sectors that make a critical difference to large sections of the population in emerging markets, while generating strong market-rate returns.
- Categories
- Investing
-
Press release: World Tokenomic Forum Launches a Revolutionary Social Enterprise Venture Fund for Blockchain Related Technologies
World Tokenomic Forum is innovating the social enterprise venture fund model with its Sandcastle Social Enterprise Fund focused on early stage, protocol and decentralized application investments for cybersecurity, infrastructure, identity, payments, and social impact companies.
- Categories
- Technology
-
I’m not trying to strongarm CEOs to adopt my worldview, says head of $6 trillion money manager
Fink sent a letter last week to the chief executives of the world's largest public companies, calling for them to help improve society or risk losing support from BlackRock, which just surpassed $6 trillion in total assets under management in the latest quarter.
- Categories
- Investing
- Region
- North America
-
Press release: Cornerstone Capital Group Approaches $1 Billion in Assets Under Management
Cornerstone Capital Group ("Cornerstone" or "the Company"), today announced that its assets under management (AUM) now total nearly $1 billion. The Company, founded in 2013, achieved this milestone in just three years since becoming a registered investment adviser (RIA) in late 2014. Cornerstone is one of the fastest organically growing RIAs in history, and now ranks in the top 15th percentile among U.S. RIAs in terms of AUM.
- Categories
- Investing
-
Fintech startups took nearly a third of all African venture funding in 2017
While fintech is seen as disrupting the traditional financial sector in more advanced economies, in Africa it is bridging gaps that have not been addressed by the banking industry to begin with. Between 2015 and 2017, African fintech startups including names like Flutterwave and Paystack jointly raised more than $100 million.
- Region
- Sub-Saharan Africa
-
Michael and Susan Dell Foundation-backed Education Catalyst Fund makes two bets
Education Catalyst Fund, which is managed by global philanthropic organization Michael and Susan Dell Foundation-backed CBA Capital, has made two more investments in the education space.
- Categories
- Investing, Technology
- Region
- South Asia
-
An Impact Investor Urges Caution on the ‘Energy Access Hype Cycle’
Ceniarth, an impact investor, has been actively engaged in the energy access sector since 2014. But now it's reducing its exposure to the venture-backed, solar home system segment of this market while shifting its strategy toward enterprises – for-profit, nonprofit and hybrid – that are finding the most capital-efficient ways to reach rural customers. Here, three principals in the firm candidly explain why they are reassessing their approach.
- Categories
- Energy, Environment, 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.