FOR IMMEDIATE RELEASE
Impact Investing Showcase Features Fund Managers that Deliver Social, Environmental and Financial Returns
Cambridge, Massachusetts, October 21, 2014 – Root Capital has been selected for the ImpactAssets 50 2014 (IA 50), a free, online resource for impact investors and their advisors. The IA 50, now in its fourth year, is the first publically available database of private debt and equity impact investment fund managers.
“We’re thrilled to see Root Capital on the ImpactAssets50 list for the fourth consecutive year,” said Willy Foote, Root Capital founder and CEO. “It’s an important resource for investors seeking to channel their capital toward social and environmental impact, and we’re honored to be a part of it.”
The ImpactAssets 50 is the only free, public, searchable database of outstanding impact investing fund managers. The showcase includes a range of funds across the globe, spanning diverse issue areas and investment, with demonstrated and compelling social and environmental impact. Fund managers included in the IA 50 2014 manage a combined $15.5 billion in assets devoted to creating measurable, positive impact.
The IA 50 selection committee is chaired by ImpactAssets' Chief Impact Strategist, Jed Emerson, and includes experts from The CAPROCK Group, Labrador Ventures, Toniic, UBS, and other leading impact investors.
The IA 50 is not an index or investable platform and does not constitute an offering or recommend specific products. It is a not a replacement for due diligence. In order to be considered for the IA 50 2014, fund managers needed to have at least $10 million in assets under management, more than 3 years of experience as a firm with impact investing and documented social and/or environmental impact. Additional details on the selection process are here: http://www.impactassets.org/impactassets-50/review-and-criteria.
About Root Capital
Root Capital is a nonprofit agricultural lender that grows rural prosperity in poor, environmentally vulnerable places in Africa and Latin America by providing capital, delivering financial training, and strengthening market connections for small and growing agricultural businesses.
About ImpactAssets
ImpactAssets is a nonprofit financial services firm that increases the flow of capital into investments that deliver financial, social, and environmental returns. ImpactAssets’ donor advised fund (“The Giving Fund”), impact investment notes, and field building initiatives enable philanthropists, other asset owners, and their wealth advisors to advance social or environmental change through investment.
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