Calvert Impact Capital’s Beth Bafford is breaking a taboo she believes is limiting the movement of money into impact and sustainable investments: She’s discussing her own personal finances.
I recently sat around a table of investors charged with finalizing the structure of a global impact fund. I couldn’t help but hear the contradictions that laced the discussion. One public investor had a mandate to “catalyze private capital” but was unable to accept any terms considered subordinate to other investors. Another investor wouldn’t be able