Washington, DC, February 26, 2019 — Accion announced today that it has been selected for the ImpactAssets 50 2019, marking the eighth consecutive time that Accion has been featured on this database from ImpactAssets.
The ImpactAssets 50 2019 (IA 50) is the first publicly available, searchable database of outstanding impact investors, family offices, financial advisors, and institutional investors. The eighth annual list features a diversified listing of 50 private capital fund managers that deliver social and environmental impact as well as financial returns.
“We’re honored to be part of the ImpactAssets 50 2019 alongside other leaders in the impact investing space,” said Michael Schlein, President and CEO of Accion. “Accion aims to address the financial needs of the underserved through investments that can achieve scale, impact, and returns. ImpactAssets’ recognition is a strong endorsement of this approach.”
Accion’s impact investment initiatives seek to create and expand new ways to meet the financial needs of the three billion underserved. Today, these initiatives include Accion Venture Lab, Accion’s seed-stage investment initiative; Accion Frontier Investments, managed by Quona Capital — a venture firm focused on financial technology for inclusion in emerging markets; and Accion Global Investments, Accion’s investment initiative focused on established financial institutions and innovative financial service providers.
This year’s IA 50, which includes funds based in the United States, Africa, Europe, and Latin America, highlights the increasingly diverse opportunities for investors to help create social value across the globe. Fund managers represent a breadth of asset classes, ranging from real assets like forestry and farmland, private thematic debt, and microfinance, to private early and growth stage equity in the United States and emerging markets. Fund managers included in the IA 50 2019 manage an estimated $28.5 billion in assets devoted to creating measurable, positive impact.
Accion is a global nonprofit committed to creating a financially inclusive world, with a pioneering legacy in microfinance and fintech impact investing. We catalyze financial service providers to deliver high-quality, affordable solutions at scale for the three billion people who are left out of — or poorly served by — the financial sector. For more than 50 years, Accion has helped tens of millions of people through our work with more than 110 partners in 50 countries. More at http://www.accion.org.
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”) and field-building initiatives enable philanthropists, other asset owners and their wealth advisors to advance social or environmental change through impact investment and philanthropy.
About the ImpactAssets 50
The IA 50 is the first publicly available database that provides a gateway into the world of impact investing for investors and their financial advisors, offering an easy way to identify experienced impact investment firms and explore the landscape of potential investment options. The IA 50 is intended to illustrate the breadth of impact investment fund managers operating today, though it is not a comprehensive list. These 50 firms have been selected to demonstrate a wide range of impact investing activities across geographies, sectors and asset classes.