Fighting poverty and remaining rich: Ceniarth shifts portfolio to impact-first capital preservation

“Those promising comfortable market-rate returns while solving global poverty are the equivalent of diet gurus promising that one can lose weight while eating limitless amounts of chocolate cake.” In the year-and-a-half since my Ceniarth co-director Greg Neichin and I wrote about the tension between investing in difficult, underserved markets and the desire of many in the impact