November 08, 2021
This work, which is the result of a joint project between Bridgespan Social Impact, the Global Impact Investing Network (GIIN), PolicyLink, and CapEQ, includes a list of racial-equity funds that that explicitly seek to improve the livelihoods of individuals who are Black, Indigenous, and people of color (BIPOC) and their communities. The work highlights the GIIN’s IRIS+ racial-equity theme reading, “Advancing racial equity requires diligent, intentional processes and consistent, rigorous evaluation regarding outcomes. Racial equity is often seen as both an emergent process and an outcome—investors cannot have one without the other. GIIN, PolicyLink, FSG, JUST Capital, and CapEQ recently partnered to launch the prototype of its IRIS+ racial-equity theme to help investors select impact strategies and metrics.”