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ImpactAssets 50: Over $10B in Assets Ready for Impact
October 8, 2012
Last week at SOCAP12, perspective investors mingled among the attendees while learning more about the impact investment industry. Another tool in their research arsenal was also updated. When it was released last year, the ImpactAssets 50 was the first open-source, publicly published database of impact investment fund managers. Since that time, the IA 50 has grown by 15% to $10.2 billion in assets.
“Impact investing is an enormous opportunity for people to not only get a return on their investments, but to also help make an impact on major societal needs at the same time; the two can go hand in hand,” said Jed Emerson, ImpactAssets’ Chief Impact Strategist and Chair of the ImpactAssets 50 Selection Committee.
Demand is rising among investors as well. The Calvert Foundation recently reported that 72% of financial advisors express interest in offering impact investing products to their clients, while surveys commissioned by Deloitte Touche Tohmatsu show that 92% of millennials and 71% of business leaders agreed that the success of a business should be measured by more than profit.
In order to be considered for the IA 50 2012, fund managers needed to meet multiple criteria, including a minimum of $5 million in assets under management, more than three years' experience with impact investing and a demonstrated commitment to impact.