![]() ![]() We can help keep transactions oriented to that north star of impact. And we have “impact fidelity” in our DNA. We can absorb the extra transaction costs of doing something creative or bespoke. Because we own our assets, we can take risks that other institutions might not. ![]() But foundations have a unique potential to advance the market. We are not now, nor will we ever be, the majority of the capital in the impact investing arena. ![]() The third big opportunity I see is growing engagement among foundations. These are nascent, but we are seeing more and more of them every day. It’s also encouraging to see alternative structures springing up, like holding companies that are addressing the critical need for patient capital. The second big opportunity is for innovation in the intermediation space, with new marketplace platforms providing those important investor on-ramps that I mentioned earlier. Rising interest in impact investing is a big opportunity, so long as we can harness it in a way that makes the market inclusive and allows for investing that is unconventional and not purely commercial. What are the three biggest opportunities in impact? The GCP recently published their Why GCP conversation with Debra Schwartz, the managing director of impact investments at The MacArthur Foundation. In the months leading up to the launch event we interviewed key pioneers and leaders in the impact space about the state of the field. Read a recap of the GCP’s June launch event here. It does not store any personal data.The Good Capital Project ’s inaugural convening took place in June 2017 in New York City. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. The cookies is used to store the user consent for the cookies in the category "Necessary". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Advertisement". This cookie is associated with Amazon Web Services and is used for managing sticky sessions across production servers. Amazon has updated the ALB and CLB so that customers can continue to use the CORS request with stickness. This cookie is used for load balancing services provded by Amazon inorder to optimize the user experience. The cookie is used to allows the paid version of the plugin to connect entries by the same user and is used for some additional features like the Form Abandonment addon. This cookie is used by the WPForms WordPress plugin. These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. This is a very bespoke place-based effort with deep community ties…We can get a small amount of catalytic capital from investors who would never take one of these transactions on their own…That’s where we look at the power of bringing different forms of catalytic capital together for a deep place-based effort.” Working with Hawaii Investment Ready on a place-based effort: “They are launching a fund alongside their accelerator to support healthy food access and Native Hawaiian-led organizations and small businesses.We are now in the process of closing our first PRI’s and high net-worth catalytic investors, setting the stage for more institutional capital to follow.” The launch of CARE, focused on expanding access to child care by owning child care properties and acting as the mission-aligned landlord for family-based child care, primarily for women of color: “To launch that, we initially used a series of philanthropic capital to hire the team, pay consultants and lawyers, and get everything moving.At the recent Sorenson Impact Summit, our Co-founder & CEO David Lynn joined Debra Schwartz of the MacArthur Foundation for a conversation on catalytic capital, along with Aner Ben-Ami of Candide Group and Kim Folsom of Founders First Capital Partners.ĭavid shared two examples of how Mission Driven Finance uses catalytic capital: ![]()
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