Accion Selected for ‘ImpactAssets 50 2013’

‘IA 50’ Showcase Features Experienced Impact Investment Fund Managers

Boston, MA (October 31, 2013) – Accion announced today that it has been selected for the ‘ImpactAssets 50 2013’, an annual listing of top impact investment fund managers, for the third year in a row.

The IA 50 is the first publicly available database of private debt and equity impact investment fund managers, and serves as a gateway for those interested in achieving social and/or environmental, as well as financial, returns on their investments. Fund managers included in the IA 50 2013 manage a combined $10.8 billion in assets within the impact investing market.

“We are honored to once again be recognized by ImpactAssets as a model for the industry,” said Monica Brand, managing director of Accion’s Frontier Investment Group. “Accion takes very seriously its role as an impact investor and maintaining the highest levels of professional management in our goal to achieve strong financial and social returns.”

Accion seeks to invest in and build commercially viable institutions that provide high quality services to the unbanked, pursuing a double-bottom line in its approach. It believes in attracting private capital by building value, engaging investors and generating financial return.

Accion supports companies that expand financial inclusion through a number of investment initiatives. The Gateway Fund makes direct equity investments in microfinance institutions (MFIs). The Bridge Guarantee Program extends loan guarantees that support the access of MFIs to local capital markets. Accion also supports bold, disruptive innovation in financial inclusion through Venture Lab, which provides seed capital for companies at the start-up phase, and Frontier Investments Group, a venture equity fund that invests capital and technical expertise in companies with the potential to enhance the efficiency, reach and scope of products and services for people living in poverty worldwide.

The IA 50 2013, along with additional details on the selection process, are available at:

The IA 50 includes a broad range of organizations spanning domestic and international geographies, sectors, asset classes and impact areas. Firms were chosen based on experience, impact, and with an eye toward reflecting the diversity of impact investment opportunities. The selection committee was chaired by ImpactAssets’ Chief Impact Strategist, Jed Emerson, and included experts from the CAPROCK Group, Eirene, Haas Business School, Labrador Ventures, Toniic, and UBS.

About Accion

Accion is a global nonprofit dedicated to creating a financially inclusive world where people have the financial tools they need to improve their lives. We are building the next generation of top-tier microfinance institutions, accelerating start-up companies that serve the poor through our impact-investing initiatives, and helping to create a strong industry with high standards. Over more than 50 years, Accion has helped create 63 microfinance institutions in 32 countries on four continents that today reach millions of clients. In the U.S., the Accion Network is the largest microfinance network and, since its inception, has served hundreds of thousands of clients with loans and support. For further information, visit

About ImpactAssets

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.

Media contact:

Andrea Snyder