Issue BriefsImpactAssets 50 Impact Investor ProjectImpact StoriesAdditional ResourcesImpactAssets 50 : A Global Landscape of Impact Investment Fund ManagersThe ImpactAssets 50 ( IA 50 ) is the first open - source , publicly published database of experienced private debt and equity impact investment fund managers . http : / / www . impactassets . org / impactassets - 50 AccionWebsite : http : / / www . accion . orgTotal Assets Under Management : $ 100 – 249 MMAsset Class : Private Debt - Absolute Return / Notes , Private EquityGeographic Focus : Impact Investment Focus : Affordable Housing and Community DevelopmentEducation and Charter SchoolsMedia , Technology and MobileSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Accion is a global nonprofit dedicated to building a financially inclusive world . Accion works to create economic opportunity by connecting people to the financial tools they need to improve their lives . A pioneer in microfinance , Accion was founded in 1961 and issued its first microloan in 1973 . Over time , Accion has helped to build 63 microfinance institutions ( MFIs ) reaching . .. View DetailsAcumenWebsite : http : / / www . acumen . orgTotal Assets Under Management : $ 51 – 99 MMAsset Class : Private Debt - Absolute Return / Notes , Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessAffordable Housing and Community DevelopmentEducation and Charter SchoolsWater and SanitationMicrofinance / Low - Income Financial Services / Micro - insuranceGlobal HealthOverview : Acumen ' s mission is to change the way the world tackles poverty by investing in companies , leaders , and ideas . We invest patient capital in business models that deliver critical goods and services to the world ' s poor , improving the lives of millions . Since 2001 , Acumen has invested more than $ 91 million in 85 companies around the world . Acumen also works to build a global . .. View DetailsAlterfinWebsite : http : / / www . alterfin . beTotal Assets Under Management : $ 51 – 99 MMAsset Class : Private Debt - Absolute Return / Notes , Private EquityGeographic Focus : Impact Investment Focus : Fair TradeSustainable AgricultureMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Alterfin is a co - operative society established under Belgian law in 1994 . Alterfin ' s shareholders are nongovernmental development organisations , banks and more than 4 , 500 individuals . Alterfin is financing microfinance institutions and fair trade producers in Latin America , Africa and Asia . It contributes to the construction of a financial network in the South that is accessible . .. View DetailsBamboo FinanceWebsite : http : / / www . bamboofinance . comTotal Assets Under Management : >$ 250 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessAffordable Housing and Community DevelopmentEducation and Charter SchoolsMicrofinance / Low - Income Financial Services / Micro - insuranceGlobal HealthOverview : Bamboo Finance is a commercial private equity firm specializing in investing in business models that benefit low - income communities in emerging markets with offices in Luxembourg , Geneva , Bogota , Nairobi and Singapore . Bamboo Finance uses a market - oriented approach to deliver social and environmental value and provide attractive financial returns to investors . Bamboo Finance . .. View DetailsBAML Capital AccessFunds Management , LLCWebsite : http : / / www . bankofamerica . com / bamlcafTotal Assets Under Management : >$ 250 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Small and Medium Business DevelopmentOverview : CAF is an experienced market - based , returns - driven private equity fund of funds manager and advisor focused on meeting the targeted , impact - focused mandates of large public pension funds , endowments , and other institutional investors . CAF has managed or advised on over $ 1 . 7 billion of capital for institutional investors across multiple , customized mandates since 2002 . View DetailsBlueOrchard Finance S . A . Website : http : / / www . blueorchard . comTotal Assets Under Management : >$ 250 MMAsset Class : Public Debt , Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Sustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : BlueOrchard Finance S . A . was founded in 2001 as the first commercial manager of microfinance debt investments worldwide . BlueOrchard is committed to advancing socially responsible financial inclusion worldwide and offering attractive investment solutions to investors in this dynamic and rewarding field . To this day , the company has deployed in excess of USD 2 bn in loans to microfinance . .. View DetailsCalvert FoundationWebsite : http : / / www . calvertfoundation . orgTotal Assets Under Management : >$ 250 MMAsset Class : Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Clean TechnologyAffordable Housing and Community DevelopmentFair TradeEducation and Charter SchoolsSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceGlobal HealthOverview : Calvert Foundation enables people to invest for social good . Calvert Foundation is a 501 ( c ) ( 3 ) nonprofit social investment fund and a Community Development Financial Institution . Calvert Foundation created the Community Investment Note ( Note ) in 1995 to be a vehicle connecting investors and communities . Through the Community Investment Note , an investment security with a 20 - year track record of . .. View DetailsCommunity Reinvestment FundWebsite : http : / / www . crfusa . comTotal Assets Under Management : >$ 250 MMAsset Class : Cash / Cash Alternatives , Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Affordable Housing and Community DevelopmentEducation and Charter SchoolsSmall and Medium Business DevelopmentOverview : Founded in 1988 , Community Reinvestment Fund , USA ( CRF ) is a national nonprofit and certified CDFI headquartered in Minneapolis , providing community development loan capital in partnership with a network of locally - based lenders . CRF has provided more than $ 1 . 5 billion to finance small businesses , affordable housing and community facilities in 47 states and more than 750 communities . Our loans . .. View DetailsCore Innovation CapitalWebsite : http : / / www . corevc . comTotal Assets Under Management : $ 26 – 50 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Small and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Core Innovation Capital , headquartered in Los Angeles , is a double - bottom line venture capital fund focused on financial technology and services for the emerging middle class ( unbanked / underbanked / thin credit file ) in America . We are unique in the industry through our strategic partnership with CFSI ( Center for Financial Services Innovation ) , a think tank that brings together the commercial , ... View DetailsCraft 3 Website : http : / / www . craft 3 . orgTotal Assets Under Management : $ 100 – 249 MMAsset Class : Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessAffordable Housing and Community DevelopmentEducation and Charter SchoolsNatural Resources and ConservationWater and SanitationSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Craft 3 is a certified nonprofit Community Development Financial Institution ( CDFI ) established in 1995 to support economic , ecological and family resilience in Pacific Northwest communities . Craft 3 lends capital and provides expertise to people who do not normally have access to financing . It is a regional institution that supports long - term , place - based strategies that link rural and urban . .. View DetailsDBL InvestorsWebsite : http : / / www . dblinvestors . comTotal Assets Under Management : $ 100 – 249 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessMedia , Technology and MobileSustainable AgricultureSmall and Medium Business DevelopmentOverview : DBL Investors is a venture capital firm located in the Bay Area that manages $ 225 million . The first fund , Bay Area Equity Fund I , closed at $ 75 million and began investing in 2004 . The second fund , BAEF II , closed at $ 150 million and began investing in 2010 . DBL ' s investment strategy is to invest in companies that can deliver top - tier venture capital returns while working with the . .. View DetailsEcoEnterprises FundWebsite : http : / / www . ecoenterprisesfund . com / Total Assets Under Management : $ 26 – 50 MMAsset Class : Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Fair TradeNatural Resources and ConservationSustainable AgricultureSmall and Medium Business DevelopmentOverview : For fifteen years , EcoEnterprises Fund has been an impact investment leader , supporting innovative small and growing businesses that serve as an economic engine to generate community livelihoods and preserve critical habitats and biologically - diverse landscapes . The first fund launched under the umbrella of The Nature Conservancy in 2000 , deployed over $ 6 million in 23 sustainable companies that . .. View DetailsEcosystem Integrity FundWebsite : http : / / www . ecosystemintegrity . comTotal Assets Under Management : $ 51 – 99 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyNatural Resources and ConservationWater and SanitationSustainable AgricultureOverview : The Ecosystem Integrity Fund ( EIF ) is a sustainability - focused venture capital firm based in San Francisco . We differentiate ourselves with our focus on smart , capital - efficient opportunities ; our intensive due diligence and active engagement with portfolio companies ; and a systemic approach to understanding sustainability problems . View DetailsEcotrust Forest ManagementWebsite : http : / / www . ecotrustforests . comTotal Assets Under Management : $ 51 – 99 MMAsset Class : CommoditiesGeographic Focus : Impact Investment Focus : Natural Resources and ConservationOverview : Ecotrust Forest Management ( EFM ) is a private forestland investment management organization that strategically acquires and manages forestland in the Western United States to generate true long - term value for both investors and society . We were founded in 2004 , and have directed ~$ 60 M of investor capital into acquiring and managing 30 , 000 acres of ecologically important forestland in OR and WA . ... View DetailsElevar EquityWebsite : http : / / www . elevarequity . comTotal Assets Under Management : $ 100 – 249 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Health and WellnessAffordable Housing and Community DevelopmentEducation and Charter SchoolsMedia , Technology and MobileSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Elevar Equity is an early stage investor focused on generating outstanding investment returns by delivering essential services to underserved , low - income communities . Founded by four partners with 60 years experience in venture capital , private equity , emerging markets , corporate law and impacting investing , Elevar is one of the most seasoned , commercially focused fund managers in the impact . .. View DetailsFarmland LPWebsite : http : / / www . farmlandlp . comTotal Assets Under Management : $ 51 – 99 MMAsset Class : Real Estate , Commodities , Private EquityGeographic Focus : Impact Investment Focus : Health and WellnessEducation and Charter SchoolsNatural Resources and ConservationWater and SanitationSustainable AgricultureOverview : Farmland LP acquires large - scale , conventional farmland in the U . S . and upgrades it to more profitable , certified organic farmland using sustainable agricultural practices of crop and livestock rotation . We lease our land to farmers and ranchers producing quality organic products within the food sheds of major metropolitan areas . Under our management , our farmer - tenants achieve superior . .. View DetailsGlobal PartnershipsWebsite : http : / / www . globalpartnerships . orgTotal Assets Under Management : $ 51 – 99 MMAsset Class : Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessFair TradeSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceGlobal HealthOverview : Founded in 1994 , Global Partnerships ( GP ) is a nonprofit impact investor whose mission is to expand opportunity for people living in poverty . We pioneer and invest in sustainable solutions that help impoverished people earn a living and improve their lives . View DetailsGrameen Foundation USAWebsite : http : / / www . grameenfoundation . org / Total Assets Under Management : $ 10 – 25 MMAsset Class : Cash / Cash Alternatives , Public Debt , Private Debt - Absolute Return / Notes , Public Equity , Private EquityGeographic Focus : Impact Investment Focus : Media , Technology and MobileSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Grameen Foundation USA ( GF ) is a global nonprofit organization that helps the world ' s poorest lift themselves out of poverty by developing and delivering solutions that facilitate their access to the financial and information services critical for improving economic livelihoods . GF seeks to address three critical challenges facing the poor : inability to manage risk and tolerate economic . .. View DetailsGrassroots Business FundWebsite : http : / / www . gbfund . orgTotal Assets Under Management : $ 51 – 99 MMAsset Class : Private Debt - Absolute Return / Notes , Private EquityGeographic Focus : Impact Investment Focus : Fair TradeSustainable AgricultureSmall and Medium Business DevelopmentOverview : GBF delivers a distinctive blend of investment capital and business advisory services through two main vehicles working together : a private investment fund and a non - profit organization . Through the fund , GBF makes equity , mezzanine equity , mezzanine debt , and straight debt investments . These customized investment structures ensure that GBF ' s investment performance aligns with the . .. View DetailsHabitat for Humanity InternationalWebsite : http : / / www . habitat . orgTotal Assets Under Management : $ 26 – 50 MMAsset Class : Private Debt - Absolute Return / Notes , Real EstateGeographic Focus : Impact Investment Focus : Affordable Housing and Community DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Habitat for Humanity International ' s vision is a world where everyone has a decent place to live . Anchored by the conviction that housing provides a critical foundation for breaking the cycle of poverty , Habitat has helped more than 4 million people construct , rehabilitate or preserve homes since 1976 . Habitat also advocates to improve access to decent and affordable shelter and supports a . .. View DetailsHuntington CapitalWebsite : http : / / www . huntingtoncapital . comTotal Assets Under Management : $ 100 – 249 MMAsset Class : Private Debt - Absolute Return / Notes , Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessFair TradeEducation and Charter SchoolsNatural Resources and ConservationWater and SanitationMedia , Technology and MobileSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Founded in 2000 , Huntington Capital is a private equity firm focused on the lower middle market with a mission to generate top quartile returns while having a positive impact on underserved businesses and their communities . Huntington works with portfolio companies to provide access to capital in underserved communities and companies , provide good quality jobs that pay living wages with employee . .. View DetailsIncofin Investment ManagementWebsite : http : / / www . incofin . comTotal Assets Under Management : >$ 250 MMAsset Class : Private Debt - Absolute Return / Notes , Private EquityGeographic Focus : Impact Investment Focus : Fair TradeSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Incofin Investment Management ( IM ) advices investment funds with a double bottom line which pursue social and financial results . As an impact investor , Incofin IM invests in financial institutions , producer organizations and companies in developing countries which generate developmental impact . Being aspecialist in rural and agricultural finance , Incofin IM ' s main goal is to reach out to . .. View DetailsInsitor ManagementWebsite : http : / / www . insitormanagement . comTotal Assets Under Management : $ 26 – 50 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessAffordable Housing and Community DevelopmentEducation and Charter SchoolsWater and SanitationSustainable AgricultureOverview : Insitor Management is an impact investing firm based in Phnom Penh , Cambodia with offices in New Delhi , India and Yangon , Myanmar . We are a small , specialized team that invests in companies that have the potential to fundamentally improve the lives of low - income families in emerging countries . We focus on Developing Asia where nearly two billion people have limited to no access to clean water , ... View DetailsInvestisseurs & PartenairesWebsite : http : / / www . ietp . comTotal Assets Under Management : $ 51 – 99 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Investisseurs & Partenaires ( I & P ) is an impact investment group dedicated to African small and medium sized enterprises . I & P is a private equity investor in African companies which cannot access finance at a local level . With its two investment vehicles , I & P invests between euro 30 000 and euro 1 . 5 million as a minority shareholder and intends to maximize the economic , social , ... View DetailsIroquois Valley Farms , LLCWebsite : http : / / www . iroquoisvalleyfarms . comTotal Assets Under Management : $ 10 – 25 MMAsset Class : Private Debt - Absolute Return / Notes , Real Estate , Private EquityGeographic Focus : Impact Investment Focus : Natural Resources and ConservationSustainable AgricultureGlobal HealthOverview : Iroquois Valley Farms , LLC ( 2007 ) is a food and farmland Company acquiring and leasing sustainable local and organic farmland in the USA . Offering a unique opportunity to benefit from the growing business of healthy food and farmland , the focus for acquisitions is the small and middle size family farmer . Iroquois Valley Farms has a portfolio of 2 , 815 sustainably farmed acres . 1 , 186 acres are . .. View DetailsLeapFrog InvestmentsWebsite : http : / / www . leapfroginvest . comTotal Assets Under Management : >$ 250 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Microfinance / Low - Income Financial Services / Micro - insuranceOverview : LeapFrog is the world ' s largest insurance and savings focused emerging markets investor , with close to half - a - billion dollars AUM . Through two private equity funds , LeapFrog invests in high - growth companies across Asia and Africa offering empowering tools such as insurance , savings and investment productsto emerging consumers . As at August 2014 , LeapFrog ' s partner companies were serving . .. View DetailsLiving CitiesWebsite : http : / / www . livingcities . orgTotal Assets Under Management : $ 26 – 50 MMAsset Class : Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessAffordable Housing and Community DevelopmentEducation and Charter SchoolsNatural Resources and ConservationMedia , Technology and MobileSmall and Medium Business DevelopmentOverview : The Living Cities Catalyst Fund is a pool of patient , flexible debt capital that invests in intermediaries and organizations that create opportunities and make markets work better for low income residents of America ' s cities . The Living Cities Catalyst Fund is managed by Living Cities . Founded in 1991 , Living Cities is an innovative philanthropic collaborative of 22 of the world ' s largest . .. View DetailsMCE Social CapitalWebsite : http : / / www . mcesocap . orgTotal Assets Under Management : $ 26 – 50 MMAsset Class : Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Health and WellnessEducation and Charter SchoolsSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceGlobal HealthOverview : MCE leverages the strong balance sheets of its Guarantors ( high - net - worth individuals , foundations , and other entities ) to mobilize capital for hundreds of thousands of people , primarily women , living in poverty in the developing world . Each MCE Guarantor provides a minimum $ 1 million full recourse guarantee to MCE . With this financial backing , MCE borrows 50 % of the total value of its guarantees . .. View DetailsMedia DevelopmentInvestment FundWebsite : http : / / www . mdif . org / Total Assets Under Management : $ 26 – 50 MMAsset Class : Private Debt - Absolute Return / Notes , Private EquityGeographic Focus : Impact Investment Focus : Media , Technology and MobileOverview : MDIF invests in independent media around the world providing the news , information and debate that people need to build free , thriving societies . Timely , accurate , relevant information is critical to free societies , enabling fuller participation in public life , holds the powerful to account and protects the rights of the individual . MDIF invests financial capital and human skills in independent . .. View DetailsMedical Credit FundWebsite : http : / / www . medicalcreditfund . org / Total Assets Under Management : $ 10 – 25 MMAsset Class : Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Health and WellnessSmall and Medium Business DevelopmentGlobal HealthOverview : The Medical Credit Fund was established as a not - for - profit foundation under Netherlands ' law in 2009 by PharmAccess International . PharmAccess is a Dutch NGO working towards improving health in Africa in cooperation with private and public financiers through insurance ( Health Insurance Fund ) , loans to doctors ( Medical Credit Fund ) , clinical standards and quality improvements ( SafeCare ) , ... View DetailsMicroVest CapitalManagement , LLCWebsite : http : / / www . microvestfund . comTotal Assets Under Management : >$ 250 MMAsset Class : Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Small and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : MicroVest is an asset management firm offering unique global investment opportunities across a family of funds . MicroVest seeks to invest capital in under - banked markets , providing access to a growing portfolio of what we believe are sustainable financial institutions . Since 2003 , MicroVest has demonstrated that investing with us can be both profitable and purposeful . As of March . .. View DetailsOikocredit USAWebsite : http : / / www . oikocreditusa . orgTotal Assets Under Management : $ 26 – 50 MMAsset Class : Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Clean TechnologyFair TradeEducation and Charter SchoolsNatural Resources and ConservationWater and SanitationMedia , Technology and MobileSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Oikocredit USA is the US arm of Oikocredit International , a global development investment vehicle that raises funds to promote economic growth , social justice and self - reliance among the poor in developing countries . Oikocredit USA raises investment capital in the US market for the purpose of investing in productive enterprises that benefit the poor . Oikocredit USA is headquartered . .. View DetailsPacific Community VenturesWebsite : http : / / www . pcvfund . comTotal Assets Under Management : $ 51 – 99 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Health and WellnessNatural Resources and ConservationSmall and Medium Business DevelopmentOverview : Pacific Community Ventures ( PCV ) is a private growth equity firm focused on investing in small , consumer facing companies that create quality jobs for low - to - moderate income workers as well as deliver exceptional financial returns to the employees , owners , and to our investors . PCV ' s experienced team works closely with companies , providing hands on strategic and operational . .. View DetailsRenewal FundsWebsite : http : / / www . renewalfunds . comTotal Assets Under Management : $ 51 – 99 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyFair TradeMedia , Technology and MobileSustainable AgricultureSmall and Medium Business DevelopmentOverview : Renewal Funds is a social venture capital firm . We invest in early - growth stage companies , in Canada and the U . S . , creating portfolios designed to deliver above market financial returns at a lower risk profile than traditional venture capital funds while delivering strong social and environmental performance . Building upon our experience investing in successful high - impact . .. View DetailsresponsAbility Investments AGWebsite : http : / / www . responsAbility . comTotal Assets Under Management : >$ 250 MMAsset Class : Private Debt - Absolute Return / Notes , Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyFair TradeEducation and Charter SchoolsSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceGlobal HealthOverview : responsAbility Investments AG is one of the world ' s leading independent asset managers specializing in development - related sectors of emerging economies . They comprise the areas of finance , agriculture , energy , healthcare and education . responsAbility provides debt and equity financing to non - listed companies with business models that target the lower - income section of the . .. View DetailsRoot CapitalWebsite : http : / / www . rootcapital . orgTotal Assets Under Management : $ 51 – 99 MMAsset Class : Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Clean TechnologyFair TradeNatural Resources and ConservationSmall and Medium Business DevelopmentOverview : Root Capital is a nonprofit social investment fund that grows rural prosperity in poor , environmentally vulnerable places in Africa and Latin America . We seek to maximize the positive social and environmental impact of our work through a three - pronged strategy : finance , advise , and catalyze . Our approach includes lending capital , delivering financial training , and strengthening . .. View DetailsRSF Social FinanceWebsite : http : / / www . rsfsocialfinance . org / Total Assets Under Management : $ 100 – 249 MMAsset Class : Cash / Cash Alternatives , Private Debt - Absolute Return / Notes , Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyFair TradeEducation and Charter SchoolsNatural Resources and ConservationSustainable AgricultureOverview : RSF Social Finance ( RSF ) is a financial services organization dedicated to transforming the way the world works with money . In partnership with our investors and donors , RSF has made over $ 275 million in loans and $ 100 million in grants since 1984 to for - profit and non - profit social enterprises working in the areas of Food & Agriculture , Education & the Arts , and Ecological . .. View DetailsSarona Asset ManagementWebsite : http : / / www . saronafund . comTotal Assets Under Management : $ 100 – 249 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyAffordable Housing and Community DevelopmentEducation and Charter SchoolsMedia , Technology and MobileSustainable AgricultureSmall and Medium Business DevelopmentOverview : As an impact - focused asset manager , Sarona seeks to invest in companies that offer inherently - impactful products and / or companies that integrate leading ethical , social and environmental values deep into the core of their operations . Because we invest in SMEs in developing countries , there are many opportunities to invest in companies that offer healthcare solutions , affordable housing , access to . .. View DetailsShared InterestWebsite : http : / / www . sharedinterest . orgTotal Assets Under Management : $ 10 – 25 MMAsset Class : Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Affordable Housing and Community DevelopmentSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Shared Interest enhances credit extended by Southern African banks by guaranteeing a percentage of their loans to low - income black enterprises and institutions . We provide leverage by requiring that banks lend between 33 % and 100 % the amount we guarantee . Borrowers such as microfinance institutions increase leverage further by relending money they borrow - often as frequently as three times a . .. View DetailsSJF VenturesWebsite : http : / / www . sjfventures . comTotal Assets Under Management : $ 100 – 249 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessEducation and Charter SchoolsNatural Resources and ConservationWater and SanitationMedia , Technology and MobileSustainable AgricultureSmall and Medium Business DevelopmentOverview : SJF Ventures is a venture capital fund focused on delivering superior financial returns through investments in high growth , positive impact companies . SJF has a fifteen - year successful record of assisting visionary and talented management teams in building industry leading firms . SJF provides strong expertise and networks in the cleantech , sustainability and technology - enhanced services sectors . ... View DetailsSmall EnterpriseAssistance FundsWebsite : http : / / www . seaf . com / Total Assets Under Management : >$ 250 MMAsset Class : Private Debt - Absolute Return / Notes , Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessNatural Resources and ConservationMedia , Technology and MobileSustainable AgricultureSmall and Medium Business DevelopmentOverview : Small Enterprise Assistance Funds ( " SEAF ") is an investment management group with over 24 years of experience providing growth capital and business assistance to small and medium enterprises ( SMEs ) in emerging and transition markets underserved by traditional sources of capital . Our mission is to empower SMEs in frontier markets by investing to achieve both developmental and financial . .. View DetailsSymbiotics GroupWebsite : http : / / www . symbioticsgroup . com / Total Assets Under Management : >$ 250 MMAsset Class : Private Debt - Absolute Return / Notes , Private EquityGeographic Focus : Impact Investment Focus : Affordable Housing and Community DevelopmentFair TradeEducation and Charter SchoolsSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Symbiotics is one of the world ' s leading investment companies dedicated to sustainable investments in emerging markets . Our mission is to reach out through investments to the bottom of the pyramid . Through the financing of local financial institutions , we aim to support micro -, small and medium enterprises , in particular in areas related to food , homes , jobs and energy . What we . .. View DetailsThe Lyme Timber Company LPWebsite : http : / / www . lymetimber . comTotal Assets Under Management : $ 100 – 249 MMAsset Class : Real Estate , Commodities , Private EquityGeographic Focus : Impact Investment Focus : Natural Resources and ConservationSustainable AgricultureOverview : The Lyme Timber Company LP is a private timberland investment management organization ( TIMO ) that focuses on the acquisition and sustainable management of lands with unique conservation values . Since its founding in 1976 , the Company has followed a disciplined and value - oriented approach to investing in forestland and rural real estate throughout the US . Lyme invests in North American forestland . .. View DetailsThe Reinvestment FundWebsite : http : / / www . trfund . comTotal Assets Under Management : >$ 250 MMAsset Class : Public Debt , Private Debt - Absolute Return / Notes , Public Equity , Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessAffordable Housing and Community DevelopmentEducation and Charter SchoolsSmall and Medium Business DevelopmentOverview : The Reinvestment Fund ( TRF ) is a national leader in rebuilding America ' s distressed towns and cities , through the innovative use of capital and information . A nonprofit Community Development Financial Institution , TRF achieves its mission through investing , housing development as well as data and analytical services . TRF ' s investing activity creates affordable homes , quality educational . .. View DetailsTreetops Capital LPWebsite : http : / / www . treetopscapital . comTotal Assets Under Management : $ 100 – 249 MMAsset Class : Private Debt - Absolute Return / Notes , Real Estate , Private EquityGeographic Focus : Impact Investment Focus : Affordable Housing and Community DevelopmentNatural Resources and ConservationSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Treetops Capital is a fund management company dedicated to solving social and environmental challenges through market - based solutions . Treetops is geographically focused in developing countries where it has a strong local presence or partnerships , and measures its success by social and environmental impact as well as financial performance . Investments are made across three sectors : Green . .. View DetailsTriodos Investment ManagementWebsite : http : / / www . triodos . com / en / investment - management / Total Assets Under Management : >$ 250 MMAsset Class : Cash / Cash Alternatives , Public Debt , Private Debt - Absolute Return / Notes , Public Equity , Real Estate , Commodities , Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessFair TradeNatural Resources and ConservationSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Triodos Investment Management is a full subsidiary of Triodos Bank , one of the world ' s leading sustainable banks . Since 1980 , the bank has pioneered a commercially successful approach to money that values individuals , the environment , and culture . Triodos Investment Management is a globally recognized leader in impact investment with the primary aim to deliver and accelerate lasting social . .. View DetailsUNICEF Bridge FundWebsite : http : / / www . unicefusa . org / unicef - bridge - fundTotal Assets Under Management : $ 26 – 50 MMAsset Class : Private Debt - Absolute Return / NotesGeographic Focus : Impact Investment Focus : Health and WellnessEducation and Charter SchoolsWater and SanitationOverview : The UNICEF Bridge Fund is an innovative financial tool created by the U . S . Fund for UNICEF to speed lifesaving assistance to children in need around the world . The Bridge Fund provides flexible capital , enabling UNICEF Supply Division to react immediately when children ' s lives are at risk to fast - track the purchase and delivery of vital health , educational and other essential supplies . The . .. View DetailsUnitus Impact PartnersWebsite : http : / / www . unitusimpact . comTotal Assets Under Management : $ 10 – 25 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Media , Technology and MobileSustainable AgricultureSmall and Medium Business DevelopmentMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Unitus Impact ( " UI ") is an impact investment firm with the mission of improving the livelihoods of the working poor in Asia ' s fastest growing economies . To date , UI manages its " proof - of - concept portfolio " and the Livelihood Impact Fund , L . P . ( " LIF "). LIF is a target USD $ 50 mm fund that plans to invest in twelve to fifteen scalable , early stage companies in . .. View DetailsVital Capital FundWebsite : http : / / www . vital - capital . comTotal Assets Under Management : >$ 250 MMAsset Class : Private EquityGeographic Focus : Impact Investment Focus : Clean TechnologyHealth and WellnessAffordable Housing and Community DevelopmentEducation and Charter SchoolsWater and SanitationSmall and Medium Business DevelopmentOverview : Vital Capital is a $ 350 million , 5 Star GIIRS - rated , Impact Investment , Private Equity Fund that invests in opportunities which simultaneously enhance the quality of life of communities in rapidly developing nations , primarily in sub - Saharan Africa , while delivering attractive , market - rate financial returns for investors . Vital measures its success by the achievement of tangible improvements in . .. View DetailsVox CapitalWebsite : http : / / www . voxcapital . com . brTotal Assets Under Management : $ 26 – 50 MMAsset Class : Private Debt - Absolute Return / Notes , Private EquityGeographic Focus : Impact Investment Focus : Affordable Housing and Community DevelopmentEducation and Charter SchoolsMicrofinance / Low - Income Financial Services / Micro - insuranceOverview : Vox Capital is Brazil ' s first impact investing firm , focused on innovative and groundbreaking businesses serving the Brazilian base of the pyramid population ( 80 % of the population or 160 million people ) with solutions that have a positive impact on improving their standard of living . We are focused on sectors with a more direct impact on people living in urban poverty , such as : education , ... View Details ImpactAssets 50 Terms and ConditionsDesigned and Developed by Maloney Design StudioImpactAssets 50 Terms and C o nditionsCLOSEImpactAssets 50 does not recommend or offer specific funds or investment products for sale , but instead should be used by interested investors as a starting place for their own due diligence . Please contact firms directly for further information . The IA 50 landscape builds on work first published in an excellent resource in the field , Solutions for Impact Investors : From Strategy to Implementation , a monograph written by Steven Godeke and Raul Pomares and published by Rockefeller Philanthropy Advisors , 2009 . Neither ImpactAssets , Inc . [ nor the Calvert Foundation ] nor any person affiliated with ImpactAssets , Inc . ( the " IA Parties ") recommends or endorses any specific funds or investment products and provides no investment research , advice , guidance or other advisory services . None of the IA Parties is a registered investment advisor , a broker - dealer or a registered representative of any broker - dealer and none of them assumes any fiduciary duty to any potential investor . The IA Parties disclaim all liability in respect of actions taken or based on any information contained on this website and under no circumstances will any IA Party be liable for any loss or damage caused by any person ' s reliance on information obtained through this site . Some jurisdictions may not allow the exclusion of certain implied warranties or consequential or incidental damages , so the foregoing exclusion may not apply to you . ImpactAssets 50 is merely a collection of information provided by fund managers and firms to be used by interested persons as a starting place for their own due diligence and analysis . It is the sole and exclusive responsibility of users of this site to evaluate the accuracy and completeness of information provided on this site . Please contact fund managers and firms directly for further information . Please seek the advice of your own professional advisors regarding the evaluation of any specific investment opportunity . Inclusion in the ImpactAssets 50 is not an endorsement or recommendation by any IA Party or a representation or warranty as to any fund , firm , manager or product and no information on this website constitutes investment advice or recommendations as to the suitability of any product or security . IA Parties invest funds with , engage the services of and / or maintain other business relationships with certain of the managers included in the ImpactAssets 50 , with affiliates of such managers and with other similar organizations considered for but not included in the ImpactAssets 50 . It is expected that IA Parties will continue to maintain and may expand or alter these relationships , and may initiate new relationships with such entities in the future . IA Parties do not receive any compensation or other consideration from any organization for including information about the organization in the ImpactAssets 50 . All information provided here has been provided directly by the fund managers and their firms without verification by any IA Party and is provided " as is " without warranty of any kind , express or implied . No IA Party has participated in the preparation of any of the information provided here and the IA Parties make no representation or warranty as to the accuracy or completeness of the information . This website is for informational and educational purposes only and no material on this website should be construed as offers to sell securities , solicitations of offers to buy securities or an offer to provide investment advisory or other services . The IA Parties reserve the right to exclude any fund or manager from the ImpactAssets 50 for any reason at any time . Ready for the next step ? 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