amazon facebook_32 gplus_32 linkedin_32 pinterest_32 tumblr_32 twitter_32 website_32 youtube_32 email_32 rss_32

MySocialGoodNews is dedicated to sharing news about
social entrepreneurship, impact investing, philanthropy
and corporate social responsibility.

Crowdfunding for Social Good

Devin D. Thorpe

Devin Thorpe

Impact Investing

This category includes articles about people, firms and foundations that invest in social good by investing in social entrepreneurs, social impact or pay-for-success bonds, etc.

Investors Accelerate Toward 100% Impact

New report from Toniic provides evidence that investors are going farther, faster and deeper into impact, while meeting their targeted financial and impact returns

Press Release – SAN FRANCISCO/NEW YORK, May 24, 2018—100% impact portfolios are getting easier to build, the pioneers behind them are accelerating their shift to deeper impact, and investors are meeting their goals for both financial and impact returns, reveals a new Toniic Institute report released today at the Ford Foundation in New York.

Toniic, the global action community for impact investors, is running a longitudinal study of portfolios in its 100% Impact Network. T100: Powered Ascent, the second report tracking these portfolios, compiles data from 76 private portfolios totaling $2.8 billion in committed capital. That’s a nearly 50% increase in participation compared with the 2016 Launch report, which surveyed 51 portfolios representing a total of $1.65 billion in committed capital.

T100: Powered Ascent also maps participants’ investment themes to the United Nations Sustainable Development Goals, providing the first look at how deep impact portfolios are addressing the SDGs.

The T100 study includes family offices, foundations and high-net-worth individuals committed to fully investing their portfolios for social and environmental impact. T100 is the first publicly available study to deliver detailed insights into the portfolios of a large group of private impact investors.

Key findings

Impact investors are going farther, faster.

  • On average, the portfolios in the Powered Ascent report are 75% invested for impact.
  • 41% of portfolios are completely or almost completely (90% or more) invested in impact, compared with 33% in the Launch report.
  • Impact allocations in the 42 portfolios included in both the Launch and current reports have increased an average of 9%.

Investors are meeting financial goals while deepening impact performance.

  • 82% of T100 participants say their impact portfolios have met or exceeded their financial expectations.
  • A majority believe that impact investments yield returns on par with traditional investments, whether they are held for the short term (1­­­­–3 years) or the long term (over 7 years).
  • T100 participants tune their financial and impact return expectations to their particular goals and constraints. While 73% target commercial returns at the portfolio level, 85% make at least some subcommercial investments to achieve deeper impact.
  • 82% of respondents are actively coordinating their philanthropy with their impact investment strategy to support innovative solutions to big challenges.

A maturing impact marketplace is enabling depth, diversification and measurement.

  • T100 participants continue to move a greater portion of their portfolios into deep impact (thematic) investments: the aggregated portfolios are on average 40% allocated to thematic investments.
  • Participant portfolios are highly diversified across the spectrum of asset classes and returns. While finding deep-impact public equities, hedge fund and cash-equivalent options remains challenging, many investors have made progress in these asset classes as well as in real assets.
  • The portion of respondents engaged in measuring the impact of their investments has jumped since the Launch report, from 38% to 60%. 98% want to be measuring by 2020.

100% impact is the new standard

“When the term impact investing was coined 10 years ago, it typically meant early-stage investments in social enterprises,” said Adam Bendell, CEO of Toniic. “This report reinforces that the state of the art in impact investing is a portfolio approach, in which investors seek positive impact in all asset classes across a portfolio. It also shows the increasing discernment of these investors in balancing impact and financial goals in different parts of their portfolios.”

Lisa Kleissner, co-founder of Toniic and the 100% Impact Network and editor-in-chief of the report, adds, “I think we all have a heightened sense of urgency and responsibility, which is leading many impact investors to invest across a spectrum of newly defined risk and return parameters, leveraging different types of capital with different return expectations in order to achieve more challenging impact targets.”

Toniic is sharing anonymized data from the study with a consortium of select universities under the leadership of the Center for Sustainable Finance and Private Wealth at the University of Zurich to enable academic research on impact investors’ behavior. The report includes some early results and related academic research, as well as a comparison to Global Impact Investing Network research findings.

T100: Powered Ascent is part of the broader T100 Project, which includes periodic reports, videos and podcasts, as well as the Toniic Diirectory, a searchable online catalog of over 1,700 impact investments across all asset classes, sourced from the portfolios of 100% Impact Network participants, other Toniic members and other impact investing organizations.

The T100: Powered Ascent report is available for download at www.toniic.com/T100. Previous reports from the T100 Project include:

About Toniic and the 100% Impact Network

Toniic is the global action community for impact investors. Its nearly 200 members from over 20 countries share a vision of a global financial system creating positive social and environmental impact. More than half of Toniic members are also members of the Toniic 100% Impact Network. These investors have committed to moving an entire investment portfolio into 100% impact investments within about five years. Current member portfolios total about $6 billion in committed capital.


Never miss another article! Join Devin here: http://bit.ly/joindevin.

Menstrual Care Startup Rael Closes $2.1M Pre-Series A Round Led by SoftBank Ventures Korea and Thrive Market

Press Release – BUENA PARK, CA May 15, 2018Rael,a menstrual care startup dedicated to educating and empowering women with healthy period products that don’t sacrifice comfort or performance, announced today its closing of a $2.1M pre-Series A funding round led by SoftBank Ventures Korea, a SoftBank Group early stage venture capital arm, followed by a group of noteworthy firms and investors including Thrive Market, the leading e-commerce platform for affordable natural and organic products.

Launched in 2017, Rael is led by three female co-founders: Aness An, a journalist and bestselling author; Binna Won, an architect-turned-art-director; and Yanghee Paik, a former distributor at The Walt Disney Studios with a Harvard MBA. Frustrated by the lack of healthy, comfortable and high-performing menstrual care products on the market, the trio successfully created their own solution.

“Despite knowing what types of products we personally wanted in our own lives, we weren’t certain if there was an actual need for this new type of feminine care,” said Yanghee Paik, Co-Founder and CEO at Rael. “So, after months of research and development, we conducted an initial test on Amazon. The response was overwhelming. We became an Amazon Bestseller within a few months. Women started writing in, sharing their stories, thanking us for creating organic pads that actually worked. In that moment, our vision for Rael was affirmed.”

Nearly a year from launch, Rael continues to expand its offering, which now includes pads, pantyliners and biodegradable tampons made with 100% certified organic cotton, as well as period underwear, facial sheet masks and cleansing washes and wipes.

With success on Amazon, various e-retailers and its own e-commerce site (GetRael.com), Rael grabbed the attention of noteworthy venture capital firms and investors.

“Aness, Binna and Yanghee are visionary leaders who value women’s personal development and happiness,” said Edward Chung, Principal at SoftBank Ventures Korea. “This vision helps them lead an amazing team and build trusted products. For the past year, the founding team has strived to meet the product-market fit promptly and have thus gained a sterling reputation from customers. I believe they have established a solid foundation to build a strong brand in the organic product category.”

Rael’s funding round also includes a strategic investment from Thrive Market Ventures, the venture investment arm of Thrive Market.

“We’re especially impressed with the founding team, who have quickly built a community of loyal customers around their differentiated line of products,” said Nick Green, Founder and CEO at Thrive Market. “For years, customers have been looking for an effective and affordable feminine care line that uses only clean ingredients. The Rael team has built a beautiful brand around exactly that.”

Rael plans to use these investments to improve product, grow its team and expand the company overseas. The menstrual care startup’s products are already available to purchase in the U.S., the UK, Germany, France, Italy, Spain, Japan and South Korea.

“We’re excited to partner with investors like SoftBank Ventures Korea and Thrive Market, whose visions align with ours—offering innovative and healthy products at approachable price points while providing the resources women need to make safe and educated decisions for their bodies,” continued Paik.

“Half of the world’s population is female, and the average woman experiences menstruation once a month for forty to fifty years. Conventional period products absorb well but are full of toxic chemicals. On the other hand, natural alternatives are healthy but remain unreliable. We created Rael so women don’t have to sacrifice one or the other.”

Rael has previously raised seed financing from investors including Spigen, an Amazon Top 5 Seller; BAM Ventures by Brian Lee, Co-Founder at The Honest Company; Strong Ventures, a seed fund based in California; and Primer, a startup accelerator in South Korea.


Never miss another article! Join Devin here: http://bit.ly/joindevin.

Nominet Trust Becomes Social Tech Trust And Announces A New Strategic Partnership With Social Investment Business

Building on ten years of grant making in socially motivated tech, Nominet Trust evolves as Social Tech Trust.

  • Nominet Trust evolves into Social Tech Trust
  • Social Investment Business becomes a new member and strategic partner
  • New grant fund opens in July 2018

Press Release – London, 23 February 2018 – The UK’s leading dedicated grant maker in socially motivated tech, formerly known as Nominet Trust, has evolved into Social Tech Trust, with Social Investment Business becoming a new member and strategic partner. Social Tech Trust continues its commitment to supporting socially motivated tech with a new £0.5 million grant funding programme for early stage ventures.

The Social Tech Trust grant fund Tech to unite us, will support ventures demonstrating how tech can reach its transformative potential when it is driven to address one of the greatest social challenges of our time – inequality. Tech to unite us will open for applications in July 2018.

Social Investment Business CEO, Nick Temple will join the Board of Social Tech Trust as the two organisations form a new purposeful strategic partnership focused on scaling social impact with tech. Nick is a leading figure in the social investment and enterprise sectors and was previously Deputy CEO at Social Enterprise UK. Nick joins existing Board members, Bill Liao, Beth Murray, Sebastien Lahtinen and Hannah Keartland.

Bill Liao, Chair of Social Tech Trust said, “Powerfully leveraging tech with purpose will be strengthened by the Trust’s new standing as a key independent contributor to the UK tech ecosystem, in partnership with Social Investment Business. We are all looking forward to delivering our next round of grants to empower a new generation of tech that transforms lives.”

Rt Hon Hazel Blears, Chair of Social Investment Business said, “I am delighted that we are entering into a strategic partnership with Social Tech Trust. New technology is reshaping the world we live in and the world that charities and social enterprises operate in, attracting new talent and creating new models of change. There’s never been a more exciting and important time to enter into this partnership with the potential to transform people’s lives for the better.

This area is a key priority for Social Investment Business to ensure we can best support the social sector in future. We have complementary skills and expertise as partners, and I am looking forward to working closely with Bill and his team in the coming years to help more organisations harness the power of technology”.

Social Tech Trust will uphold Nominet Trust’s heritage of supporting socially motivated UK start-ups and businesses that are transforming lives with tech. The Trust’s growing portfolio of over 750 initiatives includes Open Bionics, creators of the bionic Hero Arm; GiveVision that specialises in life-changing vision technology and Open Utility, the pioneering start-up, democratising the energy sector.

Social Tech Trust will continue to back innovative partnerships, including their £1m backing of Fair By Design, which aims to end the poverty premium within the next 10 years, and their contribution to the £1 million iAMDigital programme, in partnership with Creative England.

After ten years as Nominet’s corporate foundation, the Trust is now independent and able to attract funding from other sources to help expand their programmes.

Nominet has supported the Trust with funding of £44m over the last ten years. Moving forward, Nominet is committed to investing in its own programme to help one million young people overcome the challenges of the digital age.

Mark Wood, Chair of Nominet, said: “As we focus on Nominet’s ambitious pubic benefit programme, it’s the right time for the Trust to have the freedom they need to pursue their social tech agenda. We thank the team for their enormous contribution over the last 10 years, and wish them well as they embark on an exciting new partnership.”

About Social Tech Trust

Social Tech Trust provides grant funding and support to organisations that use tech to transform lives.

Formerly Nominet Trust, since 2008 the charity has supported over 750 socially motivated initiatives in the UK, providing more than £31m of funding to drive change with tech. www.socialtechtrust.org

About Social Investment Business

Social Investment Business provides loans, grants and strategic support to charities and social enterprises to help them improve people’s lives.

They have helped hundreds of organisations become more resilient and sustainable so that they can grow and increase their impact and were one of the UK’s first social investors. Since 2002 they have provided over £400 million of loans and grants to charities and social enterprises. www.sibgroup.org.uk

About Nominet

Nominet is a profit with a purpose company, operating at the heart of the internet infrastructure. Nominet’s world-class registry services, sophisticated cyber analytics, cutting-edge spectrum management capabilities and public benefit programmes are helping create a vibrant digital future. The company runs the .UK domain name registry, provides a range of cyber and DNS (Domain Name System) services to UK government and enterprises globally, and has developed technology to dynamically allocate and optimise spectrum. Profits from the company’s commercial activities fund programmes that support greater connectivity, inclusivity and security online. www.nominet.uk


Never miss another article! Join Devin here: http://bit.ly/joindevin.

Study Finds Men Are More Likely Than Women to Replace Charitable Giving With Impact Investing

New research from the Women’s Philanthropy Institute explores gender­based differences in the rapidly growing field of impact investing

Press Release – INDIANAPOLIS — A new report from the Women’s Philanthropy Institute examines how individuals use impact investing and whether women and men do so differently. The study finds that while both men and women embrace impact investing as a way to achieve social and financial returns, households where men make charitable giving decisions – either as single men, or as sole deciders within their marriages – are more likely to replace charitable giving with impact investing.

As impact investing continues to develop rapidly, the report – How Women And Men Approach Impact Investing – is among the first to look at gender differences in this relatively new field. The research, which is funded by a grant from the Bill & Melinda Gates Foundation, shows that key differences exist regarding how women and men approach impact investing in the context of their broader financial strategies. The findings raise important questions for nonprofits, wealth advisors, philanthropists and donors alike.

“The rise of impact investing demonstrates a growing enthusiasm for social change, but also raises concerns about the displacement of traditional charitable donations. By exploring how men and women approach impact investing, our findings can help nonprofits better navigate this new universe while also providing donors, wealth advisors and families the opportunity to evaluate where impact investing fits in with their broader wealth and philanthropic strategies,” said Debra J. Mesch, Ph.D., director of the Women’s Philanthropy Institute and the Eileen Lamb O’Gara Chair in Women’s Philanthropy at the Indiana University Lilly Family School of Philanthropy at IUPUI.

Key findings from How Women And Men Approach Impact Investing include:

  • Women and men are equally likely to be aware of impact investing, but women are more likely to want to learn about impact investing.
  • Impact investors are younger, have higher levels of education, and have higher incomes compared to people who don’t use impact investing. Women and men are equally likely to participate in impact investing, but gender differences appear for specific groups of people (separated by education or income level, for example).
  • Households where men make charitable giving decisions – either as single men, or as sole deciders within their marriages – are more likely to replace charitable giving with impact investing.
  • People who use impact investments in place of some or all of their charitable giving are associated with greater giving levels to religion, health, and animal causes.

How Women And Men Approach Impact Investing adheres to the broad definition of impact investing from The Global Impact Investing Network (GIIN): “investment made into companies, organizations, and funds with the intention to generate social and environmental impact alongside a financial return.” The report analyzes data from the Bank of America/U.S. Trust Study of High Net Worth Philanthropy series. How Women And Men Approach Impact Investing is available for download here.


Never miss another article! Join Devin here: http://bit.ly/joindevin.

NPX Launches A New, Better Way To Donate That Ensures Impact For Donors And Enables Investors To Invest In Nonprofits

The financing will benefit The Last Mile, a nonprofit organization that provides coding education and vocation opportunities to incarcerated individuals.

Participants include Omidyar Network, The San Francisco Foundation, Virgin Unite, Lulie & Gordon Gund, Duncan Niederauer, David Pottruck, and other prominent philanthropists and impact investors.

Press Release – SAN FRANCISCO, CA – May 15, 2018NPX, a company reinventing how the nonprofit sector is financed, today announced the launch of the first donor fund to ensure impact for every dollar donated. The new fund deploys capital using the Impact Security, a proprietary financial product developed by NPX and Anna Pinedo, Partner and Co-Leader Global Capital Markets at Mayer Brown, that brings together donors and investors to fund nonprofits based on impact.

Whether someone donates individually or as part of the many donor funds in the market today, they follow the same general path: due diligence, donate, and hope for impact. By using the Impact Security, donations are only deployed upon the delivery of objectively measured impact.

Innovation is crucial to keep industries moving forward. Companies are continuously evolving and innovating, the same should be true for nonprofits and the communities they serve. The NPX team has taken this approach to philanthropic giving and its innovative solution will help nonprofits to raise more funds and their profiles at the same time,

– Richard Branson, Virgin Unite.

How It Works

The Last Mile is the first nonprofit to issue an Impact Security. The Impact Security allows a nonprofit to issue performance-based debt to investors and make required payments on the debt over time with donations from the established donor fund.

At issuance, The Last Mile raised $800,000 from 11 investors and $900,000 from 16 donors. The $800,000 investment capital will go to The Last Mile immediately to fund the first-ever web development shop inside a U.S. prison at San Quentin State Prison in the Bay Area.

As The Last Mile measurably progresses towards its impact goal of “inmate hours worked” over the next four years, the donor fund will disburse up to $900,000 to The Last Mile to re-pay the impact investors. The donor fund does not ensure that impact happens, but ensures that donations are only deployed if, and when, impact happens.

If The Last Mile falls short of its impact targets, investors may lose some or all of their investment and the donors in the fund will re-deploy the remaining funds to other nonprofits of their choosing.

How It’s Unique

Based on many years of experience as nonprofit executives, investors and donors, NPX designed the model to benefit all participants:

  • Donors can maximize impact, catalyze investor capital, and unlock more impact data.
  • Investors can invest in a nonprofit organization through a financial product that explicitly links financial returns with impact.
  • Nonprofits can access more money from new sources at a lower cost over longer timelines with a focus on impact.

Linking donations with impact creates a tremendously valuable feedback loop that is missing in today’s nonprofit funding environment. The ripple effect is profound. By simply changing the way we fund impact, over time the new model will catalyze more money, more data, and, ultimately, more impact in the sector.

Why It Matters

NPX has transformed fundraising for nonprofits. The Impact Security enables us to focus on creating impact rather than hosting events and other fundraising tactics.

– Beverly Parenti, Executive Director of The Last Mile

Despite their role as key drivers of impact worldwide, nonprofit organizations have largely been left out of the impact investing movement. As a philanthropic investment firm at the forefront of impact investing for the last 13 years, we have seen very few ways to truly invest in a nonprofit organization and earn a financial return tied to impact. We are thrilled to be able to invest in The Last Mile’s innovative workforce development program using the Impact Security.

– Scott Wu, Partner & Head of Investments, Omidyar Network

The social and environmental issues we face today are massive and nonprofits can’t scale to solve them without access to more capital over longer timelines tied to impact performance. Financial engineering isn’t a silver bullet, but finance matters and the status quo is broken. We believe that unlocking the true potential of the nonprofit sector is possible with one simple change: linking capital with performance.

– Lindsay Beck & Catarina Schwab, Co-Founders & Co-CEOs of NPX

Impact Security Participants

Prominent foundations and individuals are participating in this historic transaction.

Donors

  • Devon & Pete Briger
  • Camilla & Matt Field
  • Lulie & Gordon Gund
  • Hall Capital Partners Charitable Fund
  • Mimi & Pete Hathaway
  • Krishnan Shah Family Foundation
  • Lobeck Taylor Family Foundation
  • Amy & Drew McKnight
  • Perkins Hunter Foundation
  • David Pottruck
  • Joanna Rees & John Hamm
  • The San Francisco Foundation
  • Virgin Unite
  • Alexandra & Spencer Well
  • Yagan Family Foundation
  • Anonymous Donor

Investors

  • The Chockstone Fund
  • Kate Harbin Clammer
  • Bradley & Chris James
  • David Keller
  • Montcalm TCR on behalf of their clients
  • Anna & Mason Morfit
  • Mark Newhouse
  • Duncan Niederauer
  • Omidyar Network
  • Ted Williams
  • Joe Wolf

Partners

  • Artisans Collaborative
  • Community Initiatives
  • INCAPITAL
  • Mission Measurement / Impact Genome Project

About NPX

NPX is transforming how impact is financed in the nonprofit sector. NPX works with innovative, forward-thinking philanthropists to create donor funds focused on a wide range of issue areas using their proprietary financial product, the Impact Security. Learn more at www.npxadvisors.com.

About The Last Mile

The Last Mile (TLM) is a nonprofit organization that prepares incarcerated individuals for successful re-entry through business and technology training. Learn more at www.thelastmile.org.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.


Never miss another article! Join Devin here: http://bit.ly/joindevin.

Green Alpha Advisors Introduces Next Economy Social Index

The strategy applies unique gender and social inclusion criteria to a portfolio of innovation-driven companies that are creating solutions to economic and environmental risks.

Press Release – BOULDER—May 10, 2018—With mounting evidence that diverse leadership teams more effectively drive creativity, innovation, and strong business performance, Green Alpha Advisors has introduced the Next Economy™ Social Index portfolio. Green Alpha’s Investment Committee spent years testing potential variables before launching the portfolio at the end of 2015, and they have since been building track record with in-house assets invested in the strategy. It is now officially available as an option for clients to open separately managed accounts in the strategy.

“At Green Alpha we focus on the wealth preservation and creation benefits of investing in innovation. The ultra-dynamic economy that exists today means that we need to stay on our toes to evaluate relevant risks and opportunities. Inclusion and diversity are important elements of a thriving, sustainable economy,” said Betsy Moszeter, Investment Committee member and COO. “We have always included analysis of company leadership and workforce diversity in our evaluation of their ability to compete.”

To manage the Social Index, Green Alpha starts with their list of Next Economy Index constituents, then removes any that lack strong female representation in leadership and/or on the board. They set starting weights based on market cap, with additional portfolio weight then given to companies that are doing more than the minimum needed for inclusion – where women hold positions of significant authority, women have especially strong representation in leadership, and/or corporate policies are overtly socially inclusive.

Fact-based investing

Green Alpha leverages insights from the growing body of research showing that diverse teams, both inherent (race, gender) and acquired (experience, cultural background), outperform homogeneous teams in a variety of material ways. For example:

  • Diverse teams perform at higher levels than homogeneous ones because they are more creative. The logic is certainly there; a wider variety of inputs from team members enables a team to better identify problems and develop solutions.
  • Non-homogeneous teams tend to outperform because they evaluate more facts and process those facts more carefully.
  • Research demonstrates that companies with more women are more likely to introduce radical new innovations into the market over a two-year period.
  • Diverse teams are more likely to achieve both short and long-term goals than homogeneous teams.

“Gender diversity is clearly just one material aspect of any given team’s composition, but an important one that clients are asking about. Clearly, investors are recognizing the value of diversity, too,” said Moszeter. “Done correctly, a diversity-centric portfolio can offer investors the opportunity to earn higher return-on-equity, benefit society, and reward companies that recognize the top and bottom-line impacts of significant female representation in leadership and on their board of directors.”

“As always, we continue to believe that innovation—especially risk-mitigating innovation—is a clear long-term path to competitive returns,” said Garvin Jabusch, Green Alpha’s Chief Investment Officer. “Since diverse teams have been repeatedly proven to be superior innovators, it makes clear sense for us at Green Alpha to add this approach to our strategies.”

Green Alpha’s portfolio of investment strategies

Active Stock Selection, Passive Management:

  • Next Economy Index, 9+ year track record: The Index is passively managed, meaning that securities are market-cap weighted and client accounts are rebalanced annually. The Next Economy Index portfolio exists to: (1) provide clients with an avenue to decisively allocate their stock holdings away from the downside risks associated with climate change, resource degradation, widening inequality, and other systemic risks, (2) enable portfolio growth from exposure to solutions to those risks, (3) demonstrate the diversity, growth, breadth and depth of the emerging Next Economy, and (4) serve as the universe of stocks from which the Investment Committee can select to create the firm’s actively-managed Next Economy portfolios.
  • Next Economy Social Index, 2+ year track record: This portfolio invests in those Next Economy Index constituents that possess Next Economy Index attributes and are run by diverse leadership teams and/or boards of directors. They set starting weights based on market cap, with additional portfolio weight then given to companies that are doing more than the minimum needed for inclusion – where women hold positions of significant authority, women have especially strong representation in leadership, and/or corporate policies are overtly socially inclusive.

Active Stock Selection, Active Management:

  • Sierra Club® Green Alpha portfolio, 7+ year track record: This portfolio is a unique blend of Green Alpha’s Next Economy process and the Sierra Club’s proprietary environmental and social investment criteria. Green Alpha is proud to be the only financial services firm with the right to utilize the Sierra Club’s rigorous investment criteria.
  • Growth & Income portfolio, 5.5-year track record: This portfolio is designed for investors who desire the powerful combination of growth and dividend income within one portfolio. The strategy seeks to provide long-term capital appreciation without excess volatility, while delivering dividend income at meaningfully higher rates than the broad equity market.
  • Next Economy Select portfolio, 5-year track record: The Next Economy Select portfolio is designed for investors seeking long-term capital growth. The strategy is available both as a mutual fund and as a managed account to provide democratized, low-minimum account size access to high quality investing.
  • Nia Global Solutions, 2+ year track record: Green Alpha sub-advises this actively-managed, gender lens portfolio in collaboration with Nia Impact Advisors. The Portfolio is constructed for impact investors focused on creating a just, sustainable and inclusive world, and is designed to complement an advisor’s existing client equity asset allocation strategy.

About Green Alpha Advisors, LLC

Green Alpha’s investment philosophy is straight forward: don’t invest in companies that cause global systemic risks; instead, invest in the solutions. That’s the Next Economy.

Green Alpha Advisors is led by three pioneering executives who each have 20+ years of asset management experience. Green Alpha has been redefining asset management since 2007 by investing in the Next Economy – an indefinitely thriving economy driven by companies that are developing innovative solutions to major systemic risks, like climate change, resource scarcity and widening inequality. As these threats continue to materialize, and risk-mitigating solutions rapidly develop, the economy of the next decade is unlikely to look like that of the past. It’s time to advance beyond mid-20th century, backward-looking views of portfolio risks and invest in what’s next. Green Alpha manages $120 million for individuals, advisors, and institutions.

Disclosures

This press release is for informational purposes only and nothing in this press release should be construed to be individual investment advice, nor an offer to sell or the solicitation of any offer to buy any security. Green Alpha Advisors, LLC is a registered investment advisor. Registration as an investment advisor does not imply any certain level of skill or training. Green Alpha is a registered trademark of Green Alpha Advisors, LLC. Green Alpha Advisors also owns the trademarks to “Next Economy” and “Investing in the Next Economy.” Sierra Club, the Sierra Club logos, and “Explore, enjoy and protect the planet” are registered trademarks of the Sierra Club. Please refer to www.greenalphaadvisors.com for more information and additional important disclosures.

Source: http://greenalphaadvisors.com/green-alpha-advisors-launches-next-economy-social-index/


Never miss another article! Join Devin here: http://bit.ly/joindevin.

Good Returns & Inverdale Capital Management Launch Innovative Guarantee Program For Impact Investors

Press Release – Dallas, TX – May 8, 2018 – Good Returns, the Dallas-based hybrid social enterprise whose unique philanthropic model for businesses helps create sustainable social impact, and Inverdale Capital Management, an asset management firm focused on alternative investments, today expanded their existing partnership by announcing the launch of their Guarantee-Investment-Values Strategies (GIVS). In addition to targeting a financial return, GIVS take into account an impact weighting and provide guarantee capacity for impact lending programs.

GIVS will immediately expand the guarantee capacity for Good Returns’ Cycle program. Through Good Returns, participating companies provide capital in the form of a one-year interest-free loan, or “cycle.” Good Returns then deploys the capital to vetted groups that address social challenges using financially and operationally sustainable models, also called “impact organizations.” The loan increases the effect of the impact organization and is repaid a year later. Since the Cycle program requires repayment of capital, the model not only encourages sustainability, but actually requires it. Good Returns provides access to no-cost growth capital only for organizations that have demonstrated sustainable, long-term solutions.

“Guarantees make it possible for companies to participate in much larger Good Returns’ cycles,” said Kyle Lukianuk, President of Good Returns. “That means a guarantee can enable more women to start their own businesses, send more children to school and provide clean drinking water to more communities around the globe.”

Prior to the development of GIVS, Good Returns only provided guarantees for its Cycle program through philanthropic partnerships. Now that guarantors have options that are more than just philanthropic, Good Returns’ Cycle program is well positioned to scale.

“Investors are increasingly asking if high-performance strategies can also create high impact,” said Ryan Small, managing partner at Inverdale Capital Management. “With this innovation, Good Returns is creating social impact on multiple levels.”

GIVS participants designate a portion of their managed assets for participation in Good Returns’ guarantee. The guarantee-designated assets are used as collateral, but remain continuously invested throughout the cycle.

As a result of GIVS, Good Returns plans to launch new local and international cycles throughout 2018.


Never miss another article! Join Devin here: http://bit.ly/joindevin.

Report Reveals Innovative Tools and Processes That Can Scale Impact Investing

New Philanthropy Capital analysis shows KL Felicitas Foundation’s impact investing strategy delivers impact and financial returns, and NPC’s IRC tool enables rigorous impact measurement across classes

Press Release – SAN FRANCISCO, May 2, 2018 — New Philanthropy Capital, KL Felicitas Foundation and Sonen Capital today released a deep-dive report on the foundation’s impact investment portfolio. The report illustrates a model strategy for achieving targeted social and environmental as well as financial returns. It also shows that use of NPC’s new Impact Risk Classification framework can significantly improve impact measurement, with consistency, across asset classes.

In Pursuit of Deep Impact and Market-Rate Returns draws lessons from KL Felicitas Foundation’s pioneering impact portfolio that can benefit a broad range of investors, from small family foundations to large institutions, and from those just embarking on impact investing to those well on their way to building an impact portfolio. The foundation’s $10 million portfolio is 99.5% committed to impact investments and has delivered a 3.52% annualized gross financial return through Dec. 31, 2016, since its inception in January 2006. That beats the industry portfolio-weighted benchmark by 1.14% basis points.

“Impact investors have been experimenting for years to see what social-good financial markets can achieve. Some of these pioneers, like KL Felicitas, have opened up their impact strategies for everyone to see, so investors all over the world can follow their lead,” said Plum Lomax, philanthropy lead at NPC and co-author of the report. “All funds should be able to answer a simple question: What are you doing to understand and deepen the impact of your investments?”

Road-tested Impact Risk Classification tool is easy to use

NPC’s Impact Risk Classification framework, road-tested on the KL Felicitas portfolio, is an easy-to-use tool that enables investors to compare and measure their investees’ impact practice over time across asset classes and the impact spectrum. A comparative analysis between 2015 and 2016 shows that the ICR has helped KL Felicitas significantly improve the impact performance of its portfolio.

“As mainstream markets start to promise more ethical investment strategies, it is more important than ever that we understand how social impact is being managed and measured,” said Lisa Kleissner, co-founder of the KL Felicitas Foundation. “NPC’s IRC framework, which measures impact risk, is a step in the right direction.”

Financial institutions can learn from vanguard impact investors

The Global Impact Investing Network (GIIN) pegs the current impact investment market at $114 billion, and more than $10 trillion in global assets are invested using a sustainability framework, according to research by the Global Sustainable Investment Alliance. But impact management has lagged behind this growth, and financial institutions must learn to work with a spectrum of financial and impact targets across asset classes, NPC believes. Financial institutions can learn from early impact investors like the KL Felicitas Foundation how to design portfolios that combine appropriate financial returns with deep impact.

“While impact investing today is a small portion of global investable assets, client demand for diverse impact products and services is already outpacing the financial industry’s ability to meet it,” said Kleissner. “Clients are savvy and discerning about what is impact and what is not. Intermediaries willing to leverage transparency, engagement and impact management tools, like the UN Sustainable Development Goals and the GIIN’s IRIS, will be the winners in this new marketplace.”

About KL Felicitas Foundation

Charly and Lisa Kleissner founded KL Felicitas Foundation in 2000 with a mission to enable social entrepreneurs and enterprises worldwide to develop and grow sustainably. The Foundation also actively advocates its impact investing strategy, which connects the entrepreneurial spirit and business discipline of social enterprise with the significant capital of a growing network of impact investors.

About New Philanthropy Capital

New Philanthropy Capital is a London-based nonprofit think tank and consultancy that occupies a unique position at the nexus between charities and funders, helping them achieve the greatest impact. It is driven by the values and mission of the charity sector, to which it brings the rigor, clarity and analysis needed to better achieve the outcomes we all seek. It also shares the motivations and passion of funders, to which it brings over 15 years of expertise, experience and a track record of success.

About Sonen Capital

Sonen Capital is a dedicated impact investment management firm. Its name is derived from social and environmental investing, reflecting the firm’s values and its conviction that financial returns and lasting social and environmental impact are not only compatible investment objectives, but also mutually reinforcing. Sonen team members are field builders dedicated to mobilizing financial assets to help meet large-scale global challenges.


Never miss another article! Join Devin here: http://bit.ly/joindevin.

CleanCapital Announces Acquisition of over 14.23 MW of Operating Solar Assets from X-Elio

The portfolio of eight operating solar projects in two states leverages new $250 million equity partnership with CarVal Investors

Press Release – New York, NY [May 3, 2018] CleanCapital announced its largest solar acquisition to date from X-Elio, a Spanish developer with U.S. operations based out of Reno, Nevada. The 14.23 MW portfolio leverages capital from CleanCapital’s new partnership with CarVal Investors. These solar projects are located in California and Vermont and consist of high-quality customers including schools, a vineyard and two utilities. CleanCapital’s proprietary platform streamlines and expedites due diligence and analysis, allowing complex deals like this one to close in less than 60 days.

CleanCapital and CarVal Investors, a leading global alternative investment fund manager, announced a new $250 million equity partnership last month that, including debt financing, enables the acquisition of up to $1 billion of clean energy assets. This was the partnership’s first acquisition.

“CleanCapital remains committed to unlocking the billions of dollars of untapped capital sources that have been absent from this sector. We continue to look for partnerships with developers like X-Elio to provide liquidity and capital to small-scale, distributed energy markets,” said Jon Powers, President, CleanCapital.

“The CleanCapital team knows how to professionally manage the acquisition of operating solar assets. These deals can have a complex diligence process, but their team executed efficiently and seamlessly making our job as the seller much easier. I am looking forward to working closely with them in the future,” said Steve Sceery, Head of Corporate M&A, X-Elio.

CleanCapital is a financial technology company that makes it easy to invest in clean energy. They deliver technology solutions to all aspects of the transaction process—from lending to capital raising, origination to diligence. The proprietary technology platform identifies, screens, and manages clean energy projects enabling project owners an opportunity to exit their portfolios while providing accredited investors, including institutional investors, family offices, and investment funds, unique access to the clean energy investment market.

About CleanCapital:

Founded in 2015, CleanCapital is a financial technology company that makes it easy to invest in clean energy. CleanCapital has built a proprietary technology platform that identifies, screens, and manages clean energy projects enabling project owners an opportunity to exit their portfolios while providing accredited investors, including institutional investors, family offices, and investment funds, unique access to the clean energy investment market. Stay up to date on the evolving market of clean energy finance by following the company on Twitter or Facebook or connecting via LinkedIn. Learn more at http://www.cleancapital.com.


Never miss another article! Join Devin here: http://bit.ly/joindevin.

IIX Announces Start of Creating a Women’s Health Bond in the US

Press Release – SINGAPORE, 23 April 2018 – IIX, a global leader in innovative finance, announces that it has received a grant to unlock new resources for women’s health and well-being in the United States through innovative finance. The first step is to conduct a feasibility study to create a Women’s Health Bond. The study will detect the gaps in services, financing, and health outcomes measurement through an evaluation of the women’s health landscape in the US and recognize strategic partnerships for outcome driven, inclusive and patient-centric health solutions. This grant is funded by the Medtronic Foundation, which focuses on expanding access to quality chronic disease care among underserved populations worldwide, as well as supporting health initiatives in communities where Medtronic employees live and give.

Women have the most contact with healthcare systems over their lifetime, as they not only hold the responsibility for their personal health but also their children and partners. The World Health Organization reports that poor health of a mother negatively impacts the health, nutrition, education and economic status of her children and the community, resulting in a welfare loss that may take decades to overcome. Furthermore, as populations age, women are assuming a greater proportion of the US population.

In addition to playing a crucial role in community health, women face gender-specific healthcare needs which are being increasingly revealed as today’s research and data become more inclusive of women. Historically, many medical studies and drug trials excluded women entirely or disregarded gender as a factor in health outcomes. Consequently, there remain large gaps in understanding the gender-specific healthcare needs of this population and a lack of dedicated resources for women’s health.

“The Women’s Health Bond is about much more than unlocking funding for the health and well-being of women. It is a nationwide and worldwide recognition that women’s health matters and should be valued for what it is—the backbone of the health of our communities” expressed Founder of IIX and IIX Foundation, Durreen Shahnaz. “It is an absolute pleasure to announce that we will be beginning this journey with funding from the Medtronic Foundation. With their leadership in supporting the health of underserved communities and our expertise in innovative financial solutions, I am confident that we will move the needle for women’s health in the US.”

The Women’s Health Bond aims to be a US$100M bond that will monitor both improved health outcomes and financial performance over its lifetime. A task force of leading health, finance, and academic executives are convening in New York City this month to share knowledge and drive the progress of this initiative.

About IIX: IIX (Impact Investment Exchange) is a Singapore-based impact enterprise that builds pathways to connect backstreets of underserved communities to the Wall Streets of the world through innovative finance. IIX investment platforms and innovative financial products enable impact enterprises to accelerate their business and scale their positive impact while pushing the impact investing space from the margins to the mainstream. To date, the work of IIX has spanned 40 countries and continues to expand with the mission of unlocking US$1 billion of impact investment capital, impacting 100 million lives by 2022.


Never miss another article! Join Devin here: http://bit.ly/joindevin.

Don't miss any Good News!
Subscribe to news from MySocialGoodNews.com!
* = required field
Content I want:



Find Us On

amazon facebook_32 gplus_32 linkedin_32 pinterest_32 tumblr_32 twitter_32 website_32 youtube_32 email_32 rss_32