The Bay Area continues to attract impact investment activity.
The latest data point is the opening of Athena Capital’s San Francisco office. The $5.5 billion asset manager said the move is intended to advance its impact investing practice.
The office will be headed by Athena’s William McCalpin, who was CEO of Imprint Capital before Imprint’s acquisition by Goldman Sachs. “Among asset owners on the West Coast, there is growing interest in addressing some of the most pressing global social and environmental challenges with investment capital,” McCalpin said.
