There are only a handful of ways for investors to find genuine “alpha.” Breakthrough innovation. Mispriced assets. Superior financial architecture. And, of course, significant social and environmental benefits. Impact investing works all those angles, which is why this “niche” is increasingly interesting to mainstream investors looking for edge. As Todd Morley, co-founder of i(x) Investments,
The new new thing in Silicon Valley? Global development. The latest data point: Venture capital powerhouse Andreessen-Horowitz’s investment in Branch, its first in a U.S.-based company targeting the Africa market. Branch has closed a $9.2 million series A round that also includes earlier investors Formation 8 and the Khosla Impact Fund. Andreessen-Horowitz is betting on Matt
Dealflow is catching up from spring break with a full helping of impact investments in the U.S. and around the world. Harvesting recyclables in Chicago. The Closed Loop Fund is investing $1.5 million (of $6.5 million total) in the Lakeshore Recycling Services facility to that demonstrate recycling can be profitable even when commodity prices are low.
The amounts are small, but the leverage could be huge. The Capria Accelerator Fund announced the first three impact fund managers in which it has invested both capital and know-how. Managers of the three funds, from Uganda, Guatemala and Zimbabwe, last week completed a four-week intensive bootcamp in Capria’s hometown of Seattle. They each will