Elevating our collective leadership and accelerating our shared momentum. The Global Impact Investing Network’s Amit Bouri is preparing his keynote address at next week’s Impact Forum in Copenhagen. “I’ll be focused on a critical element of our work: collective leadership,” Bouri writes in a guest post on ImpactAlpha. That means building the industry’s infrastructure for data-driven decision-making, Bouri says, “to create a race to the top for impact performance and crowd in new investors.” And it means designing novel, catalytic approaches to scale climate solutions and activate capital towards impact. "Now is the time we reorient impact so that every financial decision, whether it involves individual retail investors or large institutions, is evaluated through an impact lens," Bouri writes.
Dealflow: Good Jobs
Secha Capital inks $15.8 million to back South Africa’s growing businesses. Unemployment in South Africa, the worst in the world, remains stubbornly high. Secha Capital is working to strengthen the country’s key jobs creator: small businesses. The firm operates as a holding company, taking equity stakes in companies and providing operational support for their growth. “We’ve identified a gap in the market,” said Secha’s Rushil Vallabh. “We invest in companies at an inflection point in their growth trajectory.” Secha has invested in 10 companies that now collectively employ 500 people.
Short Signals: What We’re Reading
🇬🇧 Growth of UK impact investing. Social impact investing in the UK grew by 18% last year, increasing to £9.4 billion ($11.4 billion), from £7.9 billion in 2021. Investment in the sector has increased more than ten-fold since 2011. (Big Society Capital)
Agents of Impact: Follow the Talent
Generation Investment Management’s Just Climate names Eduardo Mufarej, ex- of Good Karma Ventures, co-chief investment officer at and head of the firm’s newly launched natural climate solutions… Christian Friend, ex- of Thrive Chicago, joins Tides as senior director of justice, equity, diversity and inclusion… Carbon Equity is looking for a head of sales to lead commercial operations in Belgium, the Netherlands and Luxembourg… Elemental Excelerator seeks a remote director of innovation… The Global Impact Investing Network has an opening for an impact principles director in New York.