GIIN in the news Press releases

  • Connecting the Global Community of Leading Impact Investors

    via Forbesby Mee-hyoe Koo

    April 28, 2013

    Summary

    In this interview with Forbes, GIIN Managing Director Amit Bouri explains the GIIN's work to connect leading impact investors and improve the effectiveness of impact investing.

    From original article:

    "In 2008, a group of about 40 investors from around the world met to discuss what it would take for the impact investing industry to grow and solve more social and enviornmental challenges with greater efficiency. The cluster of investors organized a number of initiatives, including the establishment of a global community of leading impact investors and standardized performance metrics for assessing social and environmental impact."

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  • London promotes social impact fund

    via Financial Timesby Steve Johnson

    April 27, 2013

    Summary

    The City of London Corporation has made its first social impact investment, investing £500,000 in the Real Lettings Property fund which works to provide accommodation for homeless people.

    From original article:

    "The City of London Corporation has made its first forays into social impact investments, in an effort to catalyse development of the nascent asset class."

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  • ‘This is about doing well by doing good’

    via Financial Timesby Steve Johnson

    April 27, 2013

    Summary

    GIIN board member and president of The Rockefeller Foundation Judith Rodin discusses the foundation's work to scale impact investing.

    From original article:

    "The foundation has already invested $140m of its endowment in impact investing, which is due to be on the agenda of June’s G8 meeting of leading economies, at the behest of UK prime minister David Cameron."

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  • Social Innovation in Acceleration

    via Forbesby Jessica Joseph

    April 10, 2013

  • Family Foundation Embraces Impact Investing

    via The Wall Street Journalby Kelly Kearsley

    April 08, 2013

    Summary

    The Wall Street Journal profiles Veris Wealth Partners and highlights one family foundation's desire to learn more about impact investing.

    From original article:

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  • Rockefeller And Tony Elumelu Foundation Launch African Impact Fund

    via Forbesby Mfonobong Nsehe

    April 04, 2013

  • Budget 2013

    via Financial Timesby Robin Wigglesworth

    March 19, 2013

    Summary

    This piece focuses on UK discussions around tax relief for social investments.

    From original article:

    "The government will consult on whether “social investments” in non-profit businesses such as Jamie Oliver’s Fifteen restaurant or the Big Issue magazine sold by the homeless should receive tax relief."

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  • Impact investing likely to grow at 30% annually

    via Live Mintby Ruchita Saxena

    March 05, 2013

  • Cameron to push G8 on finance bonds for new 'social investment’

    via The Telegraphby Kamal Ahmed

    February 09, 2013

    Summary

    This article discusses Prime Minister David Cameron's announcement to use the UK’s presidency of the G8 this year to develop new agreements on “impact investing” where funds buy bonds with a guaranteed return if certain public policies are delivered.

    From original article:

    "One of the first social impact bonds in the UK was launched three years ago to support a project to reduce re-offending by inmates at Peterborough Prison. The projects are delivered by social enterprises, not-for-profit organisations, foundations and charities."

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  • Impact Investors Report Satisfaction—and Cite Challenges

    via The Chronicle of Philanthropyby Nicole Wallace

    January 10, 2013

    Summary

    This article highlights findings from a recent J.P. Morgan and GIIN report, "Perspectives on Progress."

    From original article:

    "Most foundations and other institutions that make investments that seek both social and financial returns say the approach is meeting their expectations on both counts, according to a new report published by JPMorgan and the Global Impact Investing Network."

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  • Charitable foundations look towards impact investing

    via Marketplaceby Alex Goldmark

    December 29, 2012

  • In New Brand of Philanthropy, Nonprofits Invest in For-Profits

    via New York Times, DealBookby Stephanie Strom

    December 10, 2012

    Summary

    The article profiles key impact investors and investments, including W.K. Kellogg Foundation, Gray Ghost Ventures, Goldman Sachs, and Morgan Stanley.

    From original article:

    "When the W. K. Kellogg Foundation set aside $100 million in 2007 to invest in companies that could produce both social and financial benefits, it was considered revolutionary. Historically, major foundations had used mainly stocks, bonds, real estate and other traditional asset classes to build their endowments."

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