- ARUN sees the potential to boost job stability and income of domestic workers, particularly women, who otherwise depend on informal “maid bureaus” to get hired.
- U.S. development finance institution OPIC and IDB Invest, a private financing arm of the Inter-American Development Bank, are forming Fund Mujer to “narrow the gender financing gap” in Latin America and the Caribbean.
- “For gender-smart investors there are now opportunities across asset classes and this is a great example, especially in products and services which benefit women,” Susan Biegel, a gender-lens investing adviser at the Wharton school, told ImpactAlpha.
- The new fund will both back new media projects and share ownership rights to “combat the frequent power imbalance that exists in entertainment.”
- OPIC, MicroVest, and Germany’s Bank Im Bistum Essen have committed $17 million to support the organization in the mission it started in 1999: to provide microfinance services to women in low-income communities.
Southeast Asia’s mix of democracies, military dictatorships and communist governments, alongside economies at various levels of development present a challenge for regional investment strategies. A tech-connected and youthful population with a growing affinity for entrepreneurship, however, make it an emerging hotspot for impact investing. About 60 impact investors have placed about $900 million into 225
- The deal marks the fifth education investment from the TPG Growth impact investing fund.