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Press release: Bamboo Capital Partners, Government of Togo and Moeda Seeds Bank launch first-of-its-kind blended finance technology impact fund with €100 million target
Florian Kemmerich, Managing Partner of Bamboo Capital Partners, commented: “For the last two decades, Bamboo has played a pioneering role in developing funds that harness the power of technology to leapfrog poverty in emerging markets. Today, the BLOC Fund represents a new frontier for global technology impact funds. BLOC’s blended finance approach will catalyse further investment and generate lasting impact in some of poorest regions in the world.”
- Region
- Sub-Saharan Africa
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Press release: OPIC Supports Two Projects to Expand Access to Safe Drinking Water
“Thanks to OPIC’s landmark investment in WaterEquity’s $50 million flagship fund, 4.6 people across India, Indonesia, Cambodia, and the Philippines will secure access to safe water or sanitation,” said Alix Lebec, Executive Vice President of Investor Relations, WaterEquity.
- Source
- Press release
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Press release: CNote Launches Wisdom Fund to Close Lending Gap for Women
New impact investment vehicle provides funding to underserved women of color and low-income women entrepreneurs across the U.S.
- Categories
- Investing
- Region
- North America
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Impact Investing Must Hold Chinese Companies to Same Ethical Standards
As China stocks gain foreign investors, their ESG impact should be assessed lest global investors practice hypocrisy.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- ESG, impact investing
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What the ‘Varsity Blues’ Scandal Says (And Doesn’t Say) About Bill McGlashan, the Rise Fund and Impact Investing
Bill McGlashan’s downfall at Rise, TPG's mammoth impact investing fund, has been making national headlines for the past week – sparking a wave of criticism that's putting the sector on the defensive. According to long-time impact investor Lauren Cochran, managing director at Blue Haven Initiative, the critics have a point - but they're missing an important part of the story. She explores what McGlashan's failings say about the Rise Fund and the broader industry – and what impact investing can learn from the scandal.
- Categories
- Impact Assessment, Investing
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Viewpoint: Bill McGlashan’s firing exposes hypocrisy in impact investing
McGlashan, who was once described by the New York Times as resembling "a Buddhist monk," led a multibillion-dollar investing vehicle designed (among other things) to "expand access to educational attainment." Simultaneously, he was allegedly spending $250,000 of his own money to bribe his son's way into a selective university.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing
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TPG Fires McGlashan, Lets Investors Pull Money From Social Fund
McGlashan, who led TPG’s business focused on social good and founded its growth investing platform, was named with other parents in an indictment detailing schemes that involved paying coaches and college administrators to get children into top colleges.
- Categories
- Investing
- Region
- North America
- Tags
- impact investing
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TPG Puts McGlashan on Leave After Charges in College Scandal
The indictment comes at an inopportune time for TPG. The firm planned to start raising money for its second Rise Fund last year.
- Region
- North America
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