ImpactAssets, an independent 501(C)(3) organization connected to the Calvert Foundation, has released the 2016 edition of ImpactAssets50, a searchable database of fund managers representing private debt and equity investments that deliver social and environmental impact as well as financial returns.
The updated edition of the online resource — which allows users to filter fund managers by asset class, impact investment focus, geographic focus, total assets, and third-party validations — includes funds based in the United States, Africa, Europe, and Latin America and highlights the increasingly diverse opportunities for impact investing in areas ranging from affordable housing and community development, to alternative energy and climate change, to education, media, and natural resources and conservation.
"We are thrilled that the Catalyst Impact Funds have been included in the ImpactAssets 50 list every year since its inception," said Ben Hecht, president and CEO of Living Cities. "Funds like ours help impact investors drive better outcomes for low-income Americans." Since 2008, the Catalyst Impact Funds have received a total of $75 million in commitments and lent a cumulative total of $50 million.
"As impact investing continues to move from niche to mainstream, those new to the field — as well as impact veterans – appreciate the IA 50's broad overview of innovative fund strategies," said Jed Emerson, ImpactAssets' chief impact strategist. "The IA 50 roster offers a great overview of innovative managers and diverse approaches to creating impact with investment capital."