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IFMR group looks to appoint investment banks for share sale
IFMR group, which provides financial services to lower income population and the companies serving this segment, plans to go public and is in talks to hire investment banks for the same, two people aware of the development said.
- Region
- South Asia
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Billionaire Sam Zell: BlackRock’s Larry Fink is ‘extraordinarily hypocritical’ to push social responsibility
BlackRock's Larry Fink and other CEOs are "extraordinarily hypocritical" to push companies for more social responsibility, billionaire investor Sam Zell told CNBC on Tuesday.
- Categories
- Investing
- Region
- North America
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BlackRock’s Message: Contribute to Society, or Risk Losing Our Support
On Tuesday, the chief executives of the world’s largest public companies will be receiving a letter from one of the most influential investors in the world. And what it says is likely to cause a firestorm in the corner offices of companies everywhere and a debate over social responsibility that stretches from Wall Street to Washington.
- Categories
- Investing
- Region
- North America
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Seeing Beyond Silos: A More Holistic Approach to Supporting Social Entrepreneurs
If it takes a village to raise a child, then it takes an entire ecosystem to shepherd a social enterprise from inception to scale. But that ecosystem too often is splintered with investors, accelerators and other advisors sorting themselves into silos. Alex Pan and Mark Correnti, with the Miller Center for Social Entrepreneurship, advocate for a "structured collaboration," with accelerators taking the lead as honest brokers.
- Categories
- Impact Assessment, Investing, Social Enterprise
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Bono’s Fund Makes Its First Fintech Investment, Backing Acorns
Financial technology startups are grabbing a greater share of capital from investors. Now Bono is getting in on the action.
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Press release: New report provides insight into replicable practices for a critical phase of impact investments
“Impact investing has huge potential to generate positive long-term outcomes for society and the environment,” said GIIN Research Director Abhilash Mudaliar. “But investors need to have the confidence that they will be able to exit responsibly. There are many more exit approaches to meet financial objectives and ensure sustained impact post-exit than investors may be aware of. This report should provide impact investors with proven strategies that they can use to exit their investments in ways that won’t jeopardize the impact they seek to create.”
- Categories
- Investing
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Different Disasters, Same Solution? Applying New Orleans’ Post-Hurricane Model to Revive Detroit’s Neighborhoods
Hurricane Katrina's fury struck New Orleans over the course of hours while relentless economic stagnation plagued Detroit for decades. But these very different challenges created similar outcomes: huge population losses, real estate foreclosures and economic devastation. On Martin Luther King Day, NextBillion is focusing on domestic economic issues and urban renewal. Develop Detroit's Sean White explains how the real estate development firm is applying the Crescent City's formula for rebirth to the Motor City's ongoing neighborhood revival.
- Categories
- Investing
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Social Impact Funds Still an Unknown to Most U.S. Investors
Nearly three in four U.S. investors have heard little (34%) or nothing (40%) about the concept of "social impact investing" -- choosing investments based on the social good they will accomplish as well as the financial return they will bring. Only 10% say they have money invested in such funds.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing