Double-Dose of #DealFlow 4.29.16: Impact Investments by Bridges, Aavishkar, Omidyar, Accion, OPIC and More

When we launched ImpactAlpha, skeptics wondered whether there were really enough deals to report on. This edition of #dealflow should put those doubts to rest. We have direct deals and fund investments, equity and debt structures, private-equity funds, foundations and development-finance institutions. And we even have an exit, by the UK’s Bridges Ventures. Send your

Root Capital Secures $50 Million from OPIC to Lend to Smallholder Farmers

Root Capital will be able to make a larger dent in the huge shortfall in financing for smallholder farmers in Latin America and Africa. The nonprofit agricultural lender has secured a $50 million lending facility from the Overseas Private Investment Corporation, or OPIC. The new facility includes $30 million of new capital, Root Capital told ImpactAlpha.

‘Chicago Model’: MacArthur, Calvert and Chicago Community Trust Launch $100 Million Local Fund

A collaborative $100 million fund to finance education and child care, healthy food and affordable housing, and energy conservation and jobs in Chicago, may become a national model for a new way to harness the interest of impact investors in local social enterprises. The MacArthur Foundation, the Chicago Community Trust and Calvert Foundation launched Benefit

Cool Tool: Consolidated Impact is the Goal of iPAR Reporting for Investors and Fund Managers

Who says apples can’t be compared to oranges? The ability to generate a “consolidated impact statement” alongside consolidated financials has long eluded private equity funds, asset managers and wealth advisors. The diversity of issues and metrics, not to mention priorities and values, has made reporting hand-tooled, anecdotal and inconsistent. iPAR, a new reporting tool launched today,

IRS Widens the Scope of Program-Related Impact Investing by Foundations

Federal guidelines are finally catching up to the kind of impact investments leading philanthropic foundations have already been making in for-profit companies and other market-based approaches to social and environmental problems. The new IRS and Treasury Department guidance on so-called “program-related investments” by foundations, to be published Monday, are the latest in a series of

Turning Paris Climate Agreements Into Institutional-Ready Investments (Podcast) But it’s going to take more than speeches or even treaties (which won’t go into effect until at least 2018, if not 2020) to move the billions, nay trillions, of dollars of investment capital needed to realize the agreement’s goals. In the latest Returns on Investment podcast from ImpactAlpha, Manuel Lewin, head of responsible

Jeff Skoll’s Capricorn Investment Takes Stake in Encourage Capital

Capricorn Investment Group, which manages the fortune of billionaire Jeff Skoll, has taken a stake in Encourage Capital, an impact investment firm that has developed innovative structures for restoring wild fisheries, managing stormwater and promoting financial inclusion. Capricorn’s investment is not in any of those specific initiatives but in Encourage, the overall asset-management firm, itself.