The Brief | June 26, 2018

America 2030, Call No. 2, Canadian gender lens, Aavishkaar re-ups on waste management

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Welcome to Tuesday, ImpactAlpha readers!

The Agents of Impact Call No. 2 this Thursday will dig into the strategies, the performance and the impact of TPG, Bain Capital, KKR and other big dogs of private equity. Bonus: The latest in the Abraaj saga. Please join The Call, No. 2, June 28th at 10 am PT / 1 pm ET / 5 pm GMT. RSVP here.

Featured: ImpactAlpha Original

America 2030: Inclusive, sustainable global growth is the Deal of the Century (so don’t blow it, Mr. President). Global cooperation for an inclusive and sustainable future is not starry-eyed idealism. It is the world’s official position, enshrined in signed agreements by virtually every country. Solutions have been tested, refined and scaled. Capital and talent is shifting right now. Countries and companies are staking out leadership. Rather than derailing our rivals (not to mention our friends), the U.S. needs a plan of its own.

Call it America 2030. Such a plan would include a massive buildout of clean-energy infrastructure. It would support the dramatic expansion of U.S. entrepreneurship. It would apply U.S. tech innovation to drive down costs and open up solutions. It would invest in talent, both homegrown and newly arrived. It would drive good, competitive, 21st century jobs, all over the country. Invariably it would be a global plan, building on the Paris climate accord and the 2030 Sustainable Development Goals. By tackling global challenges together, we’d forge a global unity of purpose that would lay the foundation for further progress.

Mr. President, on trade, climate, migration and so much more, our response need not be to protect, withdraw and barricade. Rather than scarcity, think abundance: open, connected and generous.

Dig in to “America 2030: Inclusive, sustainable global growth is the Deal of the Century,” Part Two of ImpactAlpha’s series this week charting an inclusive, sustainable path forward.

Miss part one? Check out “Agents of Impact speak out: ‘Why I am a globalist’

Dealflow: Follow the Money

Bank of Montreal catches the gender-lens bug. Canada has put women’s opportunity and equality in the center of its international aid budget and G7 presidency. At home, the Bank of Montreal is doubling down on women, committing to lend C$3 billion ($2.3 billion) to women-owned Canadian businesses over the next three years. More.

India’s Aavishkaar re-ups with waste management company Nepra. India generates more than 100,000 tons of solid waste per day. Ahmedabad-based Nepra Resource Management launched in 2012 to divert more of India’s solid waste to recycling facilities. Aavishkaar, an early investor, backed Nepra’s $6.5 million Series B financing, alongside Asha Impact. Read on.

HCT Group raises £17.8 million to expand U.K. bus transit. The London-based social enterprise focuses on improving transport for underserved communities and people with disabilities. It has grown grown 40% since 2015, providing 30 million trips with more than 730 buses. Repeat investor Big Issue Invest led the round and was joined by other existing investors Esmée Fairbairn and HSBC and about 10 new investors. The details.

Agents of Impact: Follow the Talent

Lisa Woll of US SIF, Harvard professor George Serafeim and CalPERS’ Anne Simpson make Barron’s list of 20 most influential people in ESG investing… Salah Goss has been appointed head of Mastercard Labs for Financial Inclusion in Kenya… SVX México is hiring an impact investment officer in Mexico City.

— June 26, 2018.