ImpactAlpha, March 10 – Suddenly, it seems, capitalism is being reimagined, reinvented or reset. For impact investing practitioners, however, the ‘new capitalism’ is an overnight sensation 40 years in the making. One of ImpactAlpha’s founding precepts was that financial markets will increasingly need to know what impact investing practitioners have learned over decades of working.
“Impact loans are an under-explored way of supporting the arts and cultural sectors,” said Nesta’s Francesca Sanderson.
"The Caribbean region is underserved and overlooked," says Gillian Marcelle of Resilience Capital Ventures.
There’s a glaring gap in the growing portfolio of carbon dioxide capture and sequestration solutions needed to meet the challenge of removing tens of gigatons of CO2 from the atmosphere annually by midcentury: Flexible catalytic capital willing to support the long development timelines, capital intensity, and political and technical uncertainties associated with such technologies.
Prudential’s billion-dollar pledge was market-making back in 2014. Prudential committed not foundation funds, but balance-sheet assets, sending a signal to other institutional investors that the universe of impact funds and products and vehicles and companies was ready for prime time.
ImpactAssets, the San Francisco-based financial services firm, surfaced more than a dozen such emerging impact managers as part of the latest release of its ImpactAssets 50 list of private capital impact investment firms.
The Accelerating Permanent Supportive Housing Fund will provide flexible loans that supportive housing developers can use and reinvest in multiple projects.