BlackRock makes impact a necessity for companies, India’s fintech rush, China pushes toward…

Greetings, ImpactAlpha readers! #Featured: ImpactAlpha Voices Larry Fink flips social impact from a luxury to a necessity for every company. The chief executive of BlackRock, the world’s largest asset manager with $6 trillion under management, served notice on corporate CEOs their companies “must benefit all of their stakeholders, including shareholders, employees, customers, and the communities

BlackRock just did one thing that changed the game for anyone who invests

My firm, Village Capital, always tells entrepreneurs to build a product that’s a painkiller, not a vitamin. Vitamins are products people theoretically want, and make you feel better. People don’t need them, though. Painkillers are things that are necessary — not just nice to have. Put it this way, when was the last time you bought a vitamin

The Brief’s Big 10: Local economy, conservation finance, the regenerative economy

Greetings, ImpactAlpha readers! Featured: The Brief’s Big Ten Inclusion generates opportunities. Impact investors are letting President Trump know. Building homes in Haiti. Leapfrogging energy grids in El Salvador and across Central America. Creating models on the African continent for 21st century skills and education, food and agriculture and financial inclusion. Countries overcoming poverty are becoming innovation

Edtech venture for English learners gets $13.9 million boost

The funding round for Boston-based Ellevation Education was led by Reach Capital. With the move, Reach joins Ellevation’s roster of big-name tech investors: Emerson Collective, Zuckerberg Education Ventures and Omidyar Network backed its $6.4 million funding round in 2016. Ellevation Education supports teachers working with the 10% of K-12 students in the U.S. who are non-native English

Equator Capital Partners raises $62 million for African microfinance

The U.S.-based fund manager reached a first close towards its $150 million goal for its third ShoreCap fund. The fund is backed by development finance institutions, including U.K.-based CDC and the African Development Bank. Over the next 10 years, it will invest in 15 companies offering microcredit and insurance, housing finance, and small business banking. Equator’s first

Investors put $19.3 million in StartUp Health’s second fund

The New York-based company is providing early funding and a network for healthcare entrepreneurs tackling problems from women’s access to care to mental health and happiness. Its latest round is backed by Chinese financial-services firm Ping An Global Voyager Fund, U.S. healthcare company GuideWell, and Masimo Corporation. Other partners and investors include Steve Case, Mark

UBS introduces “gender equity” exchange traded fund

The Swiss bank is using consulting group Equileap’s index of the 100 companies considered most progressive on gender equality, based on 19 criteria. According to a report in Wealth Manager, the criteria include gender balance among company leaders, equal pay, and work-life balance. Lyxcor, QBE and Evolve also use Equileap’s index for gender-based financial products,