Due to some travel we were slow to get this up on the blog, but we are no less thrilled and honored to have been added on Tuesday to the Impact Assets 50 (IA 50 — see full press release here), a resource for advisors and investors seeking to respond to the growing demand for investment opportunities that deliver both financial and social or environmental returns.
The IA 50 is a gateway to the impact investing space and is the first open source, publicly published database of impact investment fund managers. According to the IA 50’s news release, the fund managers included in this year’s IA 50 manage a combined $10.2 billion in assets within the impact investing market, a 15 percent growth over assets represented in last year’s IA 50.
Criteria for making the IA 50:
First announced by Genworth Financial Management Chair and ImpactAssets Board Member, Ron Cordes at the Clinton Global Initiative in 2010, an extensive applications and review process of fund managers across the sector conducted each year produces the IA 50 list. In order to be considered for the IA 50 2012, fund managers needed to meet multiple criteria including having at least $5 million in assets under management, more than three years experience with impact investing and demonstrated commitment to impact.