The new Meng Impact Investment Fund will give students hands-on experience selecting and funding organizations that seek to make a profit while also contributing to their communities.
The idea for the fund originated with students taking the Private Capital and Impact Investing course taught by Sue Carter four years ago. Vincent Caruso ’20, one of that first group of students alongside Alex Chen ’20, Anna Schikele ’20, Nate Schorr ’20, and Gabby Cazeau ’20, said that students believed SOM should be a leader in impact investing, given the ‘overwhelming interest’ among the student body and the role SOM graduates have played in creating the field. Caruso is now an associate at DBL Partners, the pioneering impact investing venture capital firm founded by Nancy Pfund ’82.
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