-
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
-
Press release: CFSI & AARP Foundation Survey: Today’s Low- to Moderate-Income Adults Over 50 Face Difficult Financial Challenges
“For too many low-income older adults, the later years are a source of stress instead of something to look forward to,” said Lisa Marsh Ryerson, president of AARP Foundation. “AARP Foundation works across sectors to develop new, sustainable solutions so vulnerable older adults can achieve a more financially stable future.”
- Categories
- Finance
- Region
- North America
-
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
-
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
-
Press release: OPIC President and CEO Washburne to Leave Agency after Successful Modernization Push
"When I first came to OPIC, I committed to building and strengthening the organization. So I am tremendously proud of the work we accomplished with the Trump Administration and Congress to advance the Better Utilization of Investments Leading to Development (BUILD) Act into law, which experts have called the biggest advance in U.S. development policy in a generation."
- Source
- Press release
- Categories
- Finance
- Region
- North America
- Tags
- development finance, OPIC
-
Syrian refugee finds purpose at business school – and in life
She defines herself as a social entrepreneur, a blend of “doing well for yourself but also doing good in the world.”
- Categories
- Education
- Region
- North America
-
Why a PG&E Bankruptcy Could Change Climate Calculus
Ever since the 2017 wildfires in northern California’s wine country, the company has repeatedly warned that climate change is raising the risk of catastrophic fires in the state, as frequent drought and invasive, warm-weather pests decimate the state’s forests.
- Categories
- Energy, Environment
- Region
- North America
-
New U.S. Impact Investing Platform’s First Issuer Has Something For Everyone
“We’ve always been focused on how do we make impact investing accessible to Wall Street and Main Street,” says Adam Spence, CEO of SVX Canada. Relaunched about a year ago, that platform connects accredited and non-accredited impact investors with social ventures in Canada.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing
Parent Organization
