Grassroots Featured on IA 50 2019
Grassroots is proud to be recognized on the ImpactAssets 50 2019 (IA 50), the first publicly available online database for 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.
The IA 50 2019 saw a record number of private debt and equity fund manager applications. Managers who met the IA 50’s in-depth review criteria manage an estimated $28.5 billion in assets devoted to creating measurable, positive impact.
The IA 50 is the first publicly available, searchable database of outstanding impact investing fund managers. This year’s showcase, 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 U.S. and emerging markets.
The list demonstrates an increased thematic focus on education, clean technology, alternative energy and climate change and affordable housing and community development. Fund managers continue to focus as well on microfinance, global health, sustainable agriculture, natural resources and conservation, nutrition, health and wellness,small and medium business development, racial equity and water and sanitation.
The IA 50 is not an index or investable platform and does not constitute an offering or recommend specific products. It is not a replacement for due diligence. In order to be considered for the IA 50 2019, fund managers needed to have at least $10 million in assets under management, more than 3 years of experience as a firm with impact investing, documented social and/or environmental impact and be available for U.S. investment. Additional details on the selection process are here.