Bamboo Finance Raises First $10 Million for New African Ag Fund

Bamboo Finance is moving to fill the financing gap for small- and mid-sized African agribusinesses. The Luxembourg-based private equity firm has raised the first $10 million for its planned $50 million “Nisaba” impact fund from Louis Dreyfus Holding, a major global agriculture conglomerates. Bamboo expects to achieve a first close and begin making investments by mid-2016. Bamboo

Bean Counters’ New Tool: Credential in Sustainability Accounting

Are sustainability factors material to the company? There’s now a credential for the financial professionals charged with analyzing such issues. The Sustainability Accounting Standards Board (SASB), a non-profit organization, has established a credential to help professionals identify the issues that can impact the financial performance of a company. The  Fundamentals of Sustainability Accounting (FSA) Credential consists of a two-part test: a Level I exam,

Lessons from Packard Foundation’s $750 Million in Mission Investments

As more foundations start to deploy impact investments to accomplish their philanthropic goals, some pioneers in the field of mission investing are sharing their hard-earned lessons to perhaps boost the confidence of recent adopters. The David and Lucile Packard Foundation, for example, with a $180 million mandate for impact investments, has released an outside analysis,“Mission