Annual ImpactAssets 50 list showcases experienced impact investment fund managers
Cambridge, MA – April 20, 2017 –Accion announced today that it has been selected for the ImpactAssets 50 for the sixth year in a row.
The ImpactAssets 50 (IA 50) is the only free, public, searchable database of outstanding impact investing fund managers. This year’s showcase represents a breadth of asset classes, ranging from real assets like farmland and clean tech, private thematic debt and community development finance institution financing, to private early and growth stage equity in US and emerging markets. Fund managers included in the IA 50 2016 manage an estimated $10.6B in assets devoted to creating positive social and environmental impact.
“We are honored to be recognized by ImpactAssets alongside other leaders in the impact investing space,” said Michael Schlein, CEO and President of Accion. “Key to Accion’s approach to addressing the financial needs of the underserved is finding sustainable ways to generate both social and economic returns. ImpactAssets’ recognition is a strong endorsement of this approach.”
Accion, a global nonprofit dedicated to building a financially inclusive world, brings more than 50 years of experience in harnessing the capital markets to help provide people with the financial tools and services they need to build better lives.
Its impact investing initiatives are pushing beyond microfinance to catalyze innovative start-ups dedicated to improving the efficiency, reach, and scope of financial services for the poor. Today, these initiatives include Accion Venture Lab, the world’s leading seed-stage investor in fintech for the underserved, and the Accion Frontier Inclusion Fund – managed by Quona Capital – the first global fintech fund for the underserved. Accion is the sponsor of and anchor investor in the Accion Frontier Inclusion Fund.
Accion is a global nonprofit dedicated to building a financially inclusive world with economic opportunity for all, by giving people the financial tools they need to improve their lives. We are building the next generation of top-tier microfinance institutions, and over more than 50 years have helped build 65 such institutions in 32 countries on four continents that today reach millions of clients. Our impact investing initiatives are pushing beyond microfinance to catalyze more than 30 innovative start-ups dedicated to improving the efficiency, reach, and scope of financial services for the poor. And our Center for Financial Inclusion is helping to build a stronger industry with high standards and broad engagement. Currently, our work spans nearly two dozen countries, including the U.S., where we are the nation’s largest nonprofit microfinance network. For further information, visit http://www.accion.org.
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.