- The abundance of equity capital that may be headed to America’s poorest communities through such tax-incentivised funds by itself won’t transform neighborhoods for the better.
- FundRise has called for “a joint initiative among all opportunity funds” to share data about the impact of investments, including building “a shared framework and combined database.”
- The Philadelphia civic leader and social financier, died Saturday after a heart attack.
- Bono and Bill Gates have been longtime partners in philanthropic efforts to fight poverty, hunger and disease. They may become impact investment partners as well in a private-equity fund aimed at transforming health care delivery in the developing world.
- A tweak to the tax code has set off a race between rival approaches to investing in some of America’s poorest urban and rural neighborhoods.
- Brest, along with Hal Harvey, are out with a second edition of “Money Well Spent,” their 2008 guide to what they call “strategic philanthropy.”
Financing ecosystem conservation deals is complicated enough, what with the need for local partnerships, sustainable commodity production, payments for ecosystem services, and ways to improve local livelihoods. Financing such projects in coastal communities and marine environments is even more complex. There are no more than a handful of impact funds targeting ocean investments, and countries