Grace, hospitality and who we talk to
Host Joy Anderson welcomes her brother, the philosopher Joel Anderson, to discuss how AI is changing the way we work. While AI can …
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TGIF, Agents of Impact! We’ll be taking a Brief break for the Juneteenth holiday in the US. We’ll be back in your inbox …
🎧 This Week in Impact. Host Brian Walsh takes up ImpactAlpha’s top stories with editor Amy Cortese. Up this week: At SuperReturn in Berlin, asset-light is out and HALO is in, as private equity titans focus on AI, energy and defense; a look at public and private approaches to sharing the AI wealth; and, Realize Capital Partners’ fund-of-funds' $277 million for Canada’s impact fund managers.
A Juneteenth challenge: Political freedom requires economic freedom, too. Juneteenth – which marks the day in 1865 when Union troops arrived in Galveston, Texas, to inform enslaved people that they had been freed… two years prior – is often described as a celebration of freedom. And it is. “But freedom was not the end of the journey. The harder challenge was transforming legal freedom into economic freedom,” writes Candide Group’s George Ashton in a guest post. In 1863, just before emancipation, Black Americans held approximately 0.5% of national wealth. More than 160 years later, that number has crept up to just 1.5%. The gap between Black and white household wealth has only widened. “As a country,” says Ashton, “we have never truly faced the real legacy of that history head on and applied ourselves completely to correcting it.”
Impact experts ‘words of wisdom’ on landing an impact career. Kimberlee Cornett’s inbox has in recent weeks been flooded with messages from recent university and graduate school graduates hoping to get career advice from the director of impact investments for the $14 billion Robert Wood Johnson Foundation. On this week’s Agents of Impact Call, Cornett and ImpactAlpha’s David Bank assembled impact practitioners working in asset management, philanthropy and the public sector to offer practical tips and personal insights on building a career in impact investing. For young professionals whose careers are both shaped by and vulnerable to AI, “I still believe that knowing how to do the work by hand is going to be really important,” noted Cornett. “Understanding the life cycle of a deal, anticipating all the things that can go wrong – yes, you can automate some of the scenario planning, but guiding the system is going to require actually knowing how to do the work.” Other highlights:
💼 See and share more than a dozen new impact jobs posted this week on ImpactAlpha’s Career Hub and view hundreds of more jobs in impact investing and sustainable finance. Have a job listing to post? Submit it here. And catch up on all of this week's dealflow reporting.
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Host Joy Anderson welcomes her brother, the philosopher Joel Anderson, to discuss how AI is changing the way we work. While AI can …
A growing chorus of stakeholders is calling for “broad-based ownership” of AI. But what does that mean in practice? And what would move …
Recently, Alphabet announced the ubiquitous Google search bar will be completely powered by artificial intelligence. This comes as the parent company of Google …
Detroit, Mich. – Detroit is shedding its underdog stance for a more inclusive pitch: the Motor City as an AI-era launchpad where tech innovation …
African startups are joining the AI race, on their own terms. From Nairobi to Lagos to Johannesburg, local entrepreneurs are building on open …
No rule or regulator required Anthropic to pause the release of its new Mythos model. The San Francisco-based AI company voluntarily limited its …
Refiant AI’s plan for curbing AI data centers’ surging energy demands isn’t more energy production, it’s shrinking AI models’ energy needs. The US …
“AI is more suited to ‘move slow to move fast’ than ‘move fast and break things’.“ A New York-based partner at a billion-dollar-plus …
On the streets of Austin, Tesla’s Optimus robot served drinks to SXSW revelers. Nearby, a pint-sized android flipped the bird at passersby. The …
Inside the big business of impact investing.
Three years ago, the Canadian government set aside $755 million to jumpstart the country’s social finance market (see, “Canada’s Social Finance Fund aims …
Private equity fundraising and deals are still in a slump and valuations are under pressure. But at the annual SuperReturn conference in Berlin, …
Plastics are so 1950s. “Everyone’s coming to the idea that we need to rethink the traditional polymer and plastic economy, which developed in …
With their supply chains, their manufacturing and their operations, family business leaders in Hong Kong, Korea, Singapore and other economic hubs in Asia …
Venture capital firms are placing increasingly large bets on pre-revenue startups. Infrastructure and private equity buyout funds are looking to take control of …
A decade ago, the board of Toronto-based Inspirit Foundation committed 100% of its portfolio, in public and private holdings, to impact. In 10 …
An invitation to meaningful and necessary change is not an invitation to ease, elegance or glamor. Organizers of last week’s Katapult Future Fest …
The places that need climate capital the most have long gotten the least. The outcome of global efforts to mitigate the worst effects …
Private equity giants have long sought access to Americans’ retirement accounts. The White House is no longer standing in their way. In August …
Provocative opinions and insightful analysis from the community
A senior partner at a mid-market private equity firm recently told me they had stopped reading the ESG sections of their portfolio companies’ …
Juneteenth is often described as a celebration of freedom. And it is. But freedom was not the end of the journey. The harder …
A recent McKinsey report puts the stakes of the Great Ownership Transition in stark terms. By 2035, roughly 6 million small and medium-size …
Community Development Financial Institutions, or CDFIs, are entering a period of profound transition. For decades, these mission-driven lenders have expanded access to capital …
Much of the focus on the crisis in the Gulf and shipping disruptions through the Strait of Hormuz has been on the impact …
A growing chorus of stakeholders is calling for “broad-based ownership” of AI. But what does that mean in practice? And what would move …
The Bureau of Labor Statistics just reported that inflation hit 4.2% over the past 12 months, the highest in three years. Look inside the number and …
In early 2026, Anthropic stepped back from a significant engagement with the Pentagon. The decision turned on something harder than a financial calculation: …
Residents of East Carroll Parish, Louisiana did everything they could. For six years, a coalition of faith leaders and local organizers ran door-to-door …
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