Creation Investments selected as leading impact fund manager by ImpactAssets

Written by Patrick Fisher July 18, 2011 0 comment

Chicago-based  Fund Manager, Creation Investments, was recently selected by ImpactAssets as a leading impact investor for its track record for investing in microfinance and sustainable poverty solutions.  ImpactAssets is a nonprofit financial services company launched by Calvert Foundation in 2010. It leverages support from the Rockefeller Foundation, Cordes Foundation, and several other leading philanthropic and financial services sponsors.  Creation Investments was chosen for its work as a private equity fund manager delivering social and environmental value addition to financial returns.

For inclusion in the ImpactAssets 50, an impact investment fund manager must:

  • Have 3+ years experience in the impact investing field
  • Have at least $5 million in assets under management
  • Operate in –
    • More than one country
    • In a country with significant population; and /or
    • In a sizable region of the United States
  • Have 10 or more investors in their fund(s)
  • Manage assets that are recoverable
  • Have demonstrated financial capacity/oversight
  • Demonstrate significant commitment to social impact and clear measures of social impact (GIIRS rating, use IRIS metrics, or other indicators to be determined)