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Omidyar Network Makes Six New Investments that Address the Needs of the “Next Half Billion”
“Omidyar Network is looking to support early-stage businesses with the potential of creating access to jobs, education, healthcare, transportation, financial services, and government services for the NHB,” said Roopa Kudva, Omidyar Network partner and managing director, India.
- Categories
- Investing
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Ankur Capital to launch $50m new fund next quarter, looks to cut bigger cheques
Mumbai-based impact investor Ankur Capital is gearing up to launch a new fund of up to $50 million in the next few months, which will provide the investment firm the bandwidth to cut bigger cheques.
- Region
- South Asia
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U.S. Department of Labor Says ESG Investments Aren’t Always ‘Prudent’
The Department of Labor, which oversees retirement-plan funds, published guidelines on Monday that said investments based on environmental, social and governance issues aren’t always a “prudent choice” and that such factors shouldn’t “too readily” be considered as economically relevant by fiduciaries.
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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John Kerry Joins TPG’s $2 Billion Rise Fund as Senior Adviser
“The private sector is the best bet we have to try to save us from the worst downsides of some of these social, environmental, political challenges we face on a global basis,” Kerry said. “That is a bottom line reality that people need to really think about.”
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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The Ben & Jerry of Africa: A Transformation That’s Coming Sooner Than You Think
In the last three decades, China has pulled a half billion people out of poverty, and India has pulled another half billion. It won’t be long before Africa does the same, says serial entrepreneur Luni Libes. And when it does, those 500 million new middle class consumers will want the comforts that come with a decent income – including treats like ice cream. Libes explores what this coming transformation will mean for Africa's next generation of entrepreneurs.
- Categories
- Uncategorized
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Avenue Capital to Launch ‘Impact’ Investment Fund, Source Says
Avenue Capital Group LLC, a New York-based investment firm with $9.4 billion in assets under management, plans to launch a fund this year that will focus on so-called impact credit investments, according to a person familiar with the matter.
- Categories
- Investing
- Tags
- ESG, impact investing
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Student activist David Hogg calls for boycott of Vanguard and BlackRock over gunmaker ownership
One of Parkland, Fla.'s most prominent student activists on stopping gun violence has called for a boycott of Vanguard and BlackRock, two of the world's biggest investors in gunmakers.
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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Press release: Evidence for competitive financial performance of impact investing through private debt highlighted by new study
A new report by the Global Impact Investing Network (GIIN) and Symbiotics, which analyzes the performance of impact investing through private debt, finds that private debt funds seeking positive impact can offer very stable returns across various risk-return strategies.
- Categories
- Investing
- Tags
- impact investing
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