Baltimore, Md. — There’s a tendency for some hardcore finance types to look down their noses at philanthropic foundations. Soft-headed. Concessionary. Anti-business. It may be time for a new view: Pioneering. Catalytic. Risk-taking. And in the nascent market for investments that generate financial returns through the creation of social and environmental benefits, perhaps essential. In the lexicon
When we launched ImpactAlpha, skeptics wondered whether there were really enough deals to report on. This edition of #dealflow should put those doubts to rest. We have direct deals and fund investments, equity and debt structures, private-equity funds, foundations and development-finance institutions. And we even have an exit, by the UK’s Bridges Ventures. Send your
Root Capital will be able to make a larger dent in the huge shortfall in financing for smallholder farmers in Latin America and Africa. The nonprofit agricultural lender has secured a $50 million lending facility from the Overseas Private Investment Corporation, or OPIC. The new facility includes $30 million of new capital, Root Capital told ImpactAlpha.