Private fund managers with over $5 billion stake a claim to high-impact, high-returns investing.
More than two-dozen “market-rate” impact investment fund managers are staking a claim to a growing category: high-impact, high-returns investing. A new network of Impact Capital Managers will make the case at a two-day kickoff meeting in Chicago next month. Among the founding fund managers are DBL Partners, HCAP Partners, CityLight Capital, Arborview Capital, ReThink VC, Small Business Community Capital andBronze Investments. Two new big private-equity impact funds, Bain’s Double Impact Fund and TPG Growth’s Rise Fund, are also on board.