Analysis of 5,000 impact funds investing in private markets shows a record US$1tn in impact assets under management, but capital flows dropped by nearly half in two years.
Veja and FabricAid founders among 21 award winners praised for their “extraordinary resilience” as they face unprecedented funding cuts and political upheaval.
OPINION: Racial equity is missing from the UK government’s Pride in Place strategy, says Asher Craig of the Pathway Fund. This overlooks what is possible when the potential of BEM communities is unlocked.
Critics of the government’s flagship Levelling Up policy focus on reliance on business as usual, while others welcome introduction of Danny Kruger’s social covenant.
"Like the protagonist in this film, my parents experienced poverty, rejection and what felt like insurmountable obstacles when they came to the UK" – Social Value UK boss Isabelle Parasram OBE reveals the films, books and more that inspire her.
Group urges social investors to step up inclusion and equity efforts with new pledges, following damning findings last week from the influential Adebowale Commission.
As the Diversity Forum launches a new, more robust manifesto, its chair Amir Rizwan urges social investors to not only pledge to take seriously their commitment to diversity and inclusion, but also to set goals and be accountable.
PLUS: BlueMark raises $3.75m; electronics repair unicorn BackMarket reaches $5.7bn valuation, and more: our regular impact finance bulletin brings you the latest funds, deals and programmes in the world of investing for good.
"While nothing is predictable in today’s world," says the British Asian Trust's Abha Thorat-Shah, outcome-based financing can be "the panacea that drives sustainable, systemic social change for common good".
