Applications Open for ImpactAssets 50 2020, Including New Emerging Impact Manager Category

New category will bring awareness of innovative trailblazers breaking new ground in the impact investment space; Applications accepted through Nov. 22 for all categories of the ImpactAssets 50 2020 impact investment fund manager database.

Bethesda, MD - October 8,  2019 -  As interest in impact investing expands exponentially among individual and institutional investors, ImpactAssets announced today that it will add an Emerging Impact Manager category to its industry-leading ImpactAssets 50 (IA 50) list of private capital fund managers that deliver social and environmental impact as well as financial returns.

ImpactAssets is now accepting applications for all categories of the IA 50 2020. The deadline to apply is November 22, 2019 and notification on final selections will be made in February 2020.  

The new Emerging Impact Manager category will be an extension of the IA 50. Database users can research these managers the same way they access the IA 50 and the approval process will be similar. The IA 50 Emerging Impact Manager list will include all fund manager applicants that meet initial baseline criteria, complete an extensive application process and are selected by the IA 50 Review Committee. 

“We’re excited about adding the Emerging Impact Manager category to the IA 50 and helping to support the buildout of a mission-driven startup ecosystem of impact managers,” said Jed Emerson, ImpactAssets Senior Fellow, and IA 50 Review Committee Chair. “We believe their insights and approach will bring a fresh eye and a willingness to explore new investing alternatives and unexplored markets.”  

Selection Criteria 
The ImpactAssets 50 Review Committee selects firms according to a set of criteria developed to ensure that the list includes a diverse set of firms with experience in the field, scale in terms of assets under management and investor base, commitment to impact and representation across a range of approaches, asset classes and impact areas. Particular consideration will be given to funds that demonstrate a unique strategy, under-represented impact theme or diversity in leadership. 

To apply, Emerging Impact Managers will need to meet the IA 50 baseline criteria, which includes:  

  • Operating in more than one country, or in a country with significant population; and/or in a sizeable region of the United States
  • Managing assets that are recoverable
  • Accepting U.S. investment
  • Having demonstrated financial capacity/oversight
  • Demonstrating significant commitment to social impact and tracking clear measures of social and/or environmental impact (GIIRS rating, use IRIS metrics, or other indicators to be determined)

Emerging Impact Managers will not need to meet the following IA 50 baseline criteria: 

  • 3+ years of experience as a firm in the impact investing field
  • Having at least $25 million in assets under management 

“The IA 50 has always specialized in showcasing the innovators who are breaking new ground,” said Margret Trilli, ImpactAssets President and Chief Investment Officer. “The Emerging Impact Manager category gives impact investors a window into new strategies as they seek to solve social problems from poverty to climate change with strategic investments.”

About ImpactAssets 
ImpactAssets is a nonprofit financial services firm that increases the flow of capital into investments delivering financial, social and environmental returns. ImpactAssets’ donor-advised fund (“The Giving Fund”), field-building initiatives, including the ImpactAssets 50 database of private debt and equity impact investment fund managers, The ImpactAssets Handbook for Impact Investors and the ImpactAssets Issue Brief library, enable philanthropists, other asset owners and their wealth advisors to advance social or environmental change through investments, as well as grantmaking. 

About the ImpactAssets 50 
The IA 50 is the first publicly available, online database for impact investors, family offices, financial advisors and institutional investors that features a diversified listing of 50 private capital impact investment fund managers that deliver social and environmental impact as well as financial returns. IA 50 users can sort and filter across a range of asset classes (debt, private equity and real assets), geographies, size of funds, themes and more. The IA 50 is intended to illustrate the breadth of impact investment fund managers operating today, though it is not a comprehensive list. Qualifying firms have been selected to demonstrate a wide range of impact investing activities across geographies, sectors and asset classes. The Emerging Impact Manager list is intended to spotlight newer fund managers that may demonstrate future potential to create meaningful impact. Criteria such as minimum track record or minimum assets under management may not be applicable. The IA 50 is not an index or investable platform; rather, it is an information resource to begin research on the impact investing sector. 

 

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