Caspian and Grassroots work closely together on project development and management, sharing staff and resources between their New York, Massachusetts, Hyderabad and Delhi offices. For more information about Caspian please visit Caspian’s web site.

What’s New:

• View Paul Dileo’s new entry in CGAP’s Microfinance Blog; “The Promises and Risks of Commercializing Microfinance”
• B Corp: Grassroots Capital Management applauds the efforts of leaders in California and New York who helped get benefit corporation legislation signed into law. The new laws allow the formation of corporations whose main purpose is to produce a social benefit, not simply increase shareholder value. Check out all the B Corp press here . GCM has  been a certified B Corp since 2008. View our profile here.
• Resumed management of GGMF: In October, Grassroots Capital Management resumed management of the Gray Ghost Microfinance Fund, which it helped launch in 2003. Gray Ghost Ventures

• GIIRS Pioneer Funds and Managers: Since January 2011, Grassroots Capital Management, as an original Pioneer Fund Manager, and our partner funds have been participating in the beta test of Global Impact Investing Rating System. GIIRS
• Impact Assets 50: Grassroots Capital Management was named by Impact Assets 50 one of the top 50 private debt and equity impact investment fund managers in 2011. Impact Assets

• Participant in Impact Base: Grassroots Capital Management and Caspian joined 85 management firms who have created and maintain profiles for their funds on Impact Base. Impact Base