Allivate Impact Capital® has been recognized as an Emerging Impact Manager (EIM) in the ImpactAssets 50™ 2024 list, showcasing the firm’s commitment to providing financial returns while making a positive social impact. The ImpactAssets 50™ 2024, now in its 13th year, features 155 impact fund managers selected from a record-high 343 applications, reflecting the industry’s growth and maturity.
The IA 50 is a valuable resource for investors and financial advisors looking to explore impact investment opportunities. This year’s list highlights the diversity of impact fund leadership, with 60% of applicants boasting investment teams composed of over 50% women and/or people of color. The increased focus on diversity within leadership positions signals a positive trend in the impact investing industry.
One key highlight of the IA 50 2024 is the debunking of the myth that impact investments require a trade-off on financial returns. The majority of IA 50 managers target market rate or above market rate returns, with 79% of managers meeting or surpassing their financial return targets. This data demonstrates that impactful missions can align with financial success.
Allivate Impact Capital® is an impact investing firm focused on elevating communities, alleviating poverty, and activating entrepreneurial ecosystems. As a subsidiary of Woodforest Financial Group, AIC leverages its global award-winning Community Development Team to drive positive social returns alongside financial gains. AIC deploys innovative capital solutions to meet the needs of underserved communities and bring underutilized assets to their full potential.
ImpactAssets, the organization behind the IA 50, is dedicated to changing the trajectory of the planet’s future through impact investing. With over $3 billion in assets under management, ImpactAssets offers strategic expertise to help clients define and execute their impact goals. The IA 50 database serves as a gateway into impact investing for investors and showcases a wide range of impact investment activities across geographies, sectors, and asset classes.
Overall, the IA 50 2024 highlights the industry’s commitment to harnessing the power of capital for good and previews the systemic integration of impact considerations in the future. As impact investing continues to evolve, initiatives like the IA 50 play a crucial role in advancing positive social and environmental progress.
For more information about Allivate Impact Capital® and ImpactAssets, visit their websites and follow them on LinkedIn to stay updated on their impactful work in the industry.
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