January 2022 | Field News & Resources
This page features this month's highlights, announcements, resources, and general news related to advancements in the impact investing field.
- Baron's Penta showcases how impact investing can help take some of the risk out of health science investments, assist in early stage deals informing product design, and include ESG criteria that invest in infrastructur alongside treatment.
- Nonprofit Quarterly provides an overview of the past fifteen years of impact investing and interviews Otis Rolley of the Rockefeller Foundation, Miguel Santana,of the Weingart Foundation, and Deb Nelson of the Just Economy Institute to explore how different philanthropists are thinking about impact investing.
- MacArthur Foundation has committed $5 million to Cadre Direct Access Fund, a real estate fund that invests in local, underrepresented minority operating partners.
- Crain’s Business profiles United Hospitals' mission-related investment strategy — developed to be a thoughtful, bi-directional, data-driven, community investment strategy that aims to reallocate funds to have a more significant impact, enhance community partnerships community, better promote health equity and wellness, and maximize health care value in Greater Cleveland.
- A study commissioned by the shareholder advocacy group, As You Sow, found 60 of 94 ESG funds failed to adhere closely to the principles of Environmental, Social and Governance investing. The findings, which have been shared with the U.S. Securities and Exchange Commission, indicate that “one can’t tell the difference between a prospectus for true ESG offerings vs. greenwashing mutual funds and ETFs,".
- In this guest post in Next City, Common Future CEO Rodney Foxworth challenges philanthropy to truly shift its power and capital to advance justice, power, and wealth building in the communities it supports, and lays out four ideas as a good way to start.
- Alexandra Court's profile of Dr. Gillian Marcelle, founder and CEO of Resilience Capital Ventures LLC, dives into Marcelle's views on how finance and investment can be restructured to make positive contribution to people and planet.
- A new report by The Investment Integration Project (TIIP), focuses on how to address systemic income inequality and shows how investors can protect and enhance the long-term value of their assets while acting as stewards of underlying social and environmental systems.
- Jerry Kenney of the T.L.L. Temple Foundation shares the Foundation's journey to establishing the first Community Development Financial Institution in Deep East Texas in partnership with Communities Unlimited and PeopleFund.
- BlueMark has raised $3.75 million to continue its mission of strengthening trust in impact investing through its impact verification services. Funders include the Ford Foundation, Radicle Impact, The Rockefeller Foundation, and the Tipping Point Fund on Impact Investing.