- In a half-dozen or more deals, Rockefeller is putting "catalytic capital" where its mouth is. The foundation is one of the first to create an impact investment management company registered with the U.S. Securities and Exchange Commission to allow it to manage other investors’ capital.
- The investment management firm is working to raise $40 million from a syndicate of other catalytic investors as a way of attracting $1 billion in commercial capital to a large developer of solar mini-grids in India, which has plans for 10,000 mini-grids to bring electricity to 22 million people.
- Scaling impact investing with integrity requires, well, integrity. The International Finance Corp. has a plan for that.
- Mumbai-born Advani is CEO of the $1 trillion asset-management arm of TIAA, the world’s largest farmland owner and an increasingly visible impact investor.
- The successor to the Overseas Private Investment Corp. was set to begin operations Oct 1, but most of the new capacities are on hold pending the passage of a federal budget.
- The MacArthur Foundation turned up a bumper crop of proposals with its call last spring for funds and other investment intermediaries that demonstrate the value of “catalytic capital.”
“Creating Impact,” ImpactAlpha’s series on impact media, is sponsored by Upstart Co-Lab, a national collaboration disrupting how creativity is funded by connecting the $12 trillion of socially responsible and impact investing capital in the U.S. to the $804 billion U.S. creative economy. Talk about cultural capital. The Cook Inlet Tribal Council, looking for a way to