NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Today, The Rockefeller Foundation released its annual Zero Gap Fund: 2023 State of the Portfolio report, highlighting the critical role of catalytic capital in addressing the world’s most pressing challenges. As of December 2023, the Zero Gap Fund (ZGF or the Fund) had facilitated the mobilization of over $1.04 billion in private finance across 12 high-impact investment strategies. In 2023, the Fund made two new investments, reaching its full commitment of $30 million. As of January 2024, two of its investments have successfully matured.