"Impact investment :an important bridge between philanthropy and capital markets" - an interesting article in the NY Times
Submitted by admin on Thu, 11/15/2012 - 10:42An interesting article in the New York Times : "Philanthropists Weigh the Returns of Doing Good".
Extracts :
[...]
There is certainly a lot of interest in impact investing — essentially investing money in an organization, either profit-making or nonprofit, with the expectation that it will generate a social benefit and perhaps a financial return.
[...]
Melissa A. Berman, president and chief executive of Rockefeller Philanthropy Advisors, said that [..] impact investing needed to be seen in the right context.
"It’s still small compared to philanthropy in general and tiny compared to the overall capital markets,” she said. “It’s an important bridge between the two. When we step back and look at complicated problems, it’s going to take philanthropy, impact investing and unfettered market forces to deal with things like poverty, lack of education and lack of access to markets.”