Dealflow | April 25, 2017

Cummings Foundation taps impact investing talent

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The $400 million Nathan Cummings Foundation has engaged San Francisco-based impact investment advisory firm Sonen Capital to guide the foundation’s impact investing strategies.

In addition, Lisa Green Hall of Anthos Asset Management and the former CEO of Calvert Foundation, has joined the foundation’s investment committee.

The New York foundation, which focuses on “inclusive clean economy” and racial and economic justice, says it’s growing its “engagement in impact investing.”

The foundation has had a notable shareholder activism strategy as part of its mission-related investment strategy.

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