Jessie Ball duPont Fund makes $3 million affordable housing loan to LISC

Impact investors are driving more capital to America’s affordable housing shortage.

Gates Foundation and Horizons Ventures invest in Evolve’s infant probiotic

The California-based is making a probiotic nutritional supplement for infants to fight child malnutrition.

CapitalG backs Indian small business lender Aye Finance

Gurgaon, India-based Aye Finance helps India’s small business owners access working capital and credit to grow their businesses.

TPG’s Rise Fund bets on accelerated growth in solar electricity in India

India’s aggressive shift to solar energy has attracted yet another private-equity player

Leapfrog Investments takes stake in Nigerian pension fund manager ARM Pensions

ARM Pension has $1.8 billion in funds under management and reaches 700,000 people. Leapfrog did not disclose the amount of its investment.

Mission investors lend $7 million to restore Sandy-impacted homes

The loan from Community Housing Capital and Calvert Impact Capital will allow the nonprofit to restore 150 homes, removing blight, creating jobs and stabilizing communities.

Breakthrough Energy Ventures leads with energy-storage investments

The BEV, with $1 billion in commitments from Bill Gates, Jeff Bezos, Jack Ma, Mukesh Ambani, Richard Branson and others, announced its first two investments.