Tools for optimizing impact help investors identify risks and opportunities

  • Targeting, measuring and managing social impact can illuminate other investment factors as well.
  • Some new tools generated by the cottage industry of global agencies and associations can help investors use impact analysis to manage risk, generate dealflow and spot opportunities.

Dutch development bank FMO adds €20 million to Green for Growth Fund

  • The Green for Growth Fund has loaned hundreds of millions of Euros to borrowers, ranging from a hydro-power developer in Albania, a bank in Egypt developing a line of green finance products, and a financial institution in Ukraine helping households reduce energy costs and consumption.

Capria Fund raises $33 million to invest in early-stage emerging-market funds

Capria Fund’s first close was anchored by $20 million from Vulcan Capital, the family office of Microsoft co-founder Paul Allen, who died last month. (Microsoft’s other co-founder, Bill Gates, is also an investor.) The Capria Fund will invest in the network of funds in Africa, Asia and Latin America that have gone through its fund-manager