- Packard Foundation and the MacArthur Foundation backed the fund with low-cost debt program-related investments, with a goal to “build a new asset class where none currently exists,” Packard’s Susan Phinney Silver told ImpactAlpha.
- SOCAP is here and ImpactAlpha has you covered.
- In a half-dozen or more deals, Rockefeller is putting "catalytic capital" where its mouth is. The foundation is one of the first to create an impact investment management company registered with the U.S. Securities and Exchange Commission to allow it to manage other investors’ capital.
- The investment management firm is working to raise $40 million from a syndicate of other catalytic investors as a way of attracting $1 billion in commercial capital to a large developer of solar mini-grids in India, which has plans for 10,000 mini-grids to bring electricity to 22 million people.
- Featured: "Terra Silva has $90 million in ‘catalytic capital’ for carbon reduction in tropical forests"
- Social media giant Facebook became the third tech company this year to commit capital to affordable housing in West Coast cities.
- Faith-based investing is not only on the rise, it’s on the cutting edge.
Ceniarth and the W.K. Kellogg Foundation's $4 million in first-loss capital to Global Partnerships new fund brought in a $50 million commitment from OPIC.
The Gig Harbor, Wash.-based foundation is adding $6 million to its already majority mission-aligned investment portfolio.