- Place-based, blended finance through a racial lens. A $100 million commitment from Prudential Financial is a trifecta of impact investing trends.
- Native American tribes have become a driving force on California’s carbon markets, making millions of dollars while conserving native lands.
- With a nearly half-billion dollar philanthropic commitment to forests and land conservation, a group of foundations are putting such efforts by indigenous people at the forefront of the climate agenda.
ImpactAlpha, Rome, July 10 –– The Vatican’s interest in impact investing in the last few years has coincided with the growth in the number of refugees and migrants worldwide. At the Third Vatican Conference on Impact Investing in Rome this week, refugees and migrants were top of mind both on the panels and in the halls.
- Launched with a combined $10 million in equity and debt capital, the architects expect to increase its size to $25 million and to expand efforts around Central America.
- Catholic Relief and the IADB’s Multilateral Investment Fund have invested, along with high-net-worth and other investors. Total Impact Capital will manage the fund.
Rome, July 9 — They caught my eye as soon as I entered the hall for the Third Vatican Conference on Impact Investing, sitting in the third row and wearing light blue habits. At your typical financial conference, you don’t find nuns and bishops among the fund managers, investors and analysts. The sisters from the
- Concerns... Lack of liquidity has been a challenge in getting more than a few investors to buy into the holding company structure for impact investments.
- Patience... The traditional private equity fund—typically spanning 10 years—often doesn’t give companies the time they need to generate value or impact.
- Solutions... Paying dividends, allowing investors to sell shares on a private secondary market, and taking the company public can address these concerns.