Impact Investing Showcase Features Fund Managers that Deliver Social, Environmental and Financial Returns
Alterfin has been selected for the ImpactAssets 50(IA 50), a free, online resource for impact investors and their advisors. The IA 50, now in its fourth year, is the first publically available database of private debt and equity impact investment fund managers.
The objective of Alterfin is to help build a financial network that is accessible to groups of socially and economically disadvantaged people in developing countries who rarely have access to financial resources. Alterfin raises capital in Belgium and invests it in microfinance institutions and fair trade farmers and producers associations.
The ImpactAssets 50 is the only free, public, searchable database of outstanding impact investing fund managers. The showcase includes a range of funds across the globe, spanning diverse issue areas and investment, with demonstrated and compelling social and environmental impact. Fund managers included in the IA 50 manage a combined $15.5 billion in assets devoted to creating measurable, positive impact.
The IA 50 selection committee is chaired by ImpactAssets' Chief Impact Strategist, Jed Emerson, and includes experts from The CAPROCK Group, Labrador Ventures, Toniic, UBS, and other leading impact investors.
The IA 50 is not an index or investable platform and does not constitute an offering or recommend specific products. It is a not a replacement for due diligence. In order to be considered for the IA 50, fund managers needed to have at least $10 million in assets under management, more than 3 years of experience as a firm with impact investing and documented social and/or environmental impact. Additional details on the selection process are here: https://www.impactassets.org/publications_insights/impact50/#review.
Alterfin is a cooperative society established under Belgian law in 1994. Alterfin’s founding shareholders are non-governmental development organizations and banks. Today, private shareholders hold over 84% of Alterfin’s capital. Alterfin finances microfinance institutions, smallholders’ organizations and their companies in the agricultural value chain. Currently, Alterfin manages credit portfolios with a combined value of over 60 million USD.
ImpactAssets is a nonprofit financial services firm that increases the flow of capital into investments that deliver financial, social, and environmental returns. ImpactAssets’ donor advised fund (“The Giving Fund”), impact investment notes, and field building initiatives enable philanthropists, other asset owners, and their wealth advisors to advance social or environmental change through investment.
Read all articles