"We found that the finance sector is part of the problem, when it could and should be part of the solution for addressing climate change,” said Brunel chief investment officer Mark Mansley.
The venture fund's first investment is Cosynd, a startup that simplifies the process of obtaining copyrights for creators such as musicians, songwriters and authors.
Something’s definitely in the air, er, ground, when organic agriculture features in a Super Bowl ad.
Clients such as the Russell Family Foundation and Jessie Smith Noyes Foundation are looking for “total impact activation,” says Tiedemann's Brad Harrison.
“We have always thoughtfully invested in our communities, and the Opportunity Zone legislation allows us to take the next step,” says Fifth Third's Catherine Cawthon.
Allibhoy starts her job Feb. 1 with the clock ticking. The global development community estimates an additional $2.5 trillion is needed each year in order to meet the SDGs by 2030.
The new venture is the sixth initiative to be spun off from Omidyar Network, the philanthropic investment firm founded by eBay founder Pierre Omidyar, as it sharpens its focus on two key areas: reimagining capitalism and beneficial technology.