Acumen Blog

Give Impact Investing Time and Space to Develop

Impact investing has captured the world’s imagination. Just six years after the Rockefeller Foundation coined the term, the sector is booming. An estimated 250 funds are actively raising capital in a market that the Global Impact Investing Network estimates at $25 billion. Giving Pledge members described impact investing as the “hottest topic” at their May 2012 meeting, and Prime Minister David Cameron extolled the potential of the sector at the most recent G8 summit.  Sir Ronald Cohen and HBS Professor William A. Sahlman describe impact investing as the new venture capital, implying that it will, in the next 5 to 10 years, make its way into mainstream financial portfolios, unlocking billions or trillions of dollars in new capital. [Read More]

Aristotelian Virtues

Recently, I had the pleasure of spending two days with Acumen’s class of 2014 Global Fellows.  These Fellows, a group of truly outstanding individuals from around the world who are committed to social change in the developing world, spend two months with Acumen training in New York before working for nine months with Acumen’s companies in India, Pakistan, East and West Africa.  While at their placements, they do things like run the sesame business for Gulu, a company serving more than 40,000 smallholder farmers in post-conflict Northern Uganda; or helping d.Light expand its solar lighting business in Nigeria. [Read More]

Impact Investing – From the Margins to the Mainstream

Today, the World Economic Forum (WEF) is releasing a new report titled, From the Margins to the Mainstream: Assessment of the Impact Investment Sector and Opportunities to Engage Mainstream Investors.  The report aims, in the author’s words, to “provide an initial assessment of the sector and identify the factors constraining the acceleration of capital into the field of impact investing.” [Read More]