Tuesday, October 12, 2010

Impact Investing

NY Times article, fowarded by Russel Libby of MOFGA, points out that while "the notion that for-profit companies with a social mission at their core could constitute an “asset class” is fairly new," the sector is poised for "explosive growth."

Plenty of challenges, not the least of which is "the mindset of many investors." But the article illustrates that the kinds of social investing/venture philanthropy strategies that MES is creating are out there, are growing, and will have an impact.

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