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Wall Street, Seeking Big Tax Breaks, Sets Sights on Distressed Main Streets
Hedge funds, investment banks and money managers are trying to raise tens of billions of dollars this year for so-called opportunity funds, a creation of President Trump’s 2017 tax package meant to steer money to poor areas by offering potentially large tax breaks.
- Categories
- Investing
- Region
- North America
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Behind the numbers: Retail investors a growing force in sustainable funds
Ethical funds have been growing in popularity, with managers starting to address the demand
- Categories
- Investing
- Tags
- impact investing
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‘Increasing maturity’: PwC poll highlights growth of ESG and sustainable investing
Will Jackson-Moore, global private equity, real assets and sovereign fund leader at PwC, said the "really encouraging" poll results showed responsible investment was "starting to come of age in terms of driving sustainable business practice".
- Categories
- Investing
- Tags
- ESG, impact investing
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Press release: OPIC Provides Initial Financing to SunFunder’s Solar Energy Transformation Fund to Expand Access to Beyond the Grid Solar
The Solar Energy Transformation Fund is one of a group of investment vehicles managed by SunFunder, a solar energy finance business with offices in the U.S., London and Nairobi working to scale up clean energy access in Africa and Asia by financing solar companies active in off-grid and weak-grid communities.
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- Press release
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Salesforce Builds $50 Million Impact Investing Portfolio
Suzanne DiBianca, chief philanthropy officer and executive vice president of corporate relations at Salesforce, was among the first employees at the company and has championed social impact from the beginning. Building a $50 million impact investing portfolio is her latest initiative.
- Categories
- Investing
- Tags
- impact investing
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Press release: New €200 million impact fund launched to scale agribusiness in developing countries
Small scale farming is one of the biggest industries in the world, with 500 million small farms and 2.5 billion people relying on small scale farming on a daily basis. The demand for impact investing in rural agriculture is growing as investors strive to end poverty and hunger to support the UN’s Sustainable Development Goals. The ABC Fund will also focus on creating employment, particularly for young people in Africa, to offer them an alternative to migration.
- Source
- Press release
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Paying for success: The story of how Utah became a leader in social impact investing
It's difficult to pin down exactly what the United States spends annually on social services, but a 2017 report from the Congressional Budget Office showed $1.2 trillion had been collected to fund social services. However, sometimes it can be difficult to tell if that money is being spent effectively or if real results are being achieved, said Jeremy Keele, former president and CEO of the Sorenson Impact Center, who was involved in implementing the preschool program. On the other hand, the Utah preschool program has measurable results.
- Region
- North America
- Tags
- impact investing
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Giant US teacher’s pension backs new female- and minority-led activist fund with $250 million
The sizable — and lengthy — capital commitment from the largest educator-only pension will allow the firm, Impactive Capital, to begin investing.
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing