NEW: The push to “mainstream” #impinv has left many of us "wondering when, if ever, some portion of those declared trillions of impact dollars will ever reach communities in real need,” writes @gregneichin of family office @ceniarth. #CatalyticCapital
https://t.co/00U2qZDJ8G
Recent @bloomberg piece on pitfalls of #microfinance interviewed "dozens" of clients. @60_decibels study interviewed 18,000. No doubt MFI sector has major challenges, but @sashadichter does an excellent job explaining why we need to follow the data! https://t.co/RI2sjpVVNU
Better a little late than never, our 2021 year in review is hot off the press! If we're honest (which we always are!), it was a slog of a year. We still managed to make $30M in new commits across 20+ transactions. More to come in 2022! https://t.co/yoUB7Y3Pfk
When @HopeCUbill tells you "this is what is needed", you just help find a way to make it happen! Proud of the role that we @ceniarth played on this one. A big win for the collaborative, community-centered approach of Expanding Black Business Credit (EBBC).
Has been a pleasure serving on @60_decibels Board since @ceniarth led spinout investment. A long journey from @Acumen's Pulse project (that I worked on as MBA intern in 2007) to today, but could not be prouder of what they do to keep our sector focused on customer voice & impact!
We’re so excited to announce the close of our Series A. We’ve raised $8.8M from @FPECapital to enable listening at scale for global stakeholder engagement & impact measurement. Thank you to @Acumen, @ceniarth, and @StichtingDOEN for helping us get here. https://t.co/02SJIa2OOD
2021 @ceniarth year in review: detail (20 deals, $30M+ in commitments), hard truths (we lost some $, dealt w/ some bad egos), and complaints about the sector continuing to run ESG + finance-first victory laps. What else would you expect from us! https://t.co/txQ9xpUCib
Amen from us @ceniarth. "Most impact investors have fallen into the trap of prioritizing returns over impact. They have failed to serve the hardest to reach markets and those that are most in need of such investment." The #impinv sector should resolve in 2022 to do more!
An ever-increasing demand for energy in developing nations can and should be met by renewable sources. The key lies in rethinking how capital is deployed.
via Acumen's @jnovogratz in @ImpactAlpha
https://t.co/i0MJ8ry7DR
Happy 2022 #ImpInv universe! Start your year listening to ex-BlackRock exec Tariq Fancy explain why ESG investing is a complete diversion from meaningful impact and resolve to be more impact-first in everything you do! https://t.co/Lh2OiHMpfV
@LaurenSCochran Big, big congrats, exciting news! Feels like yesterday it was early days @ceniarth and @_BlueHaven... a long journey it's been though and will look forward to continued collaboration!
Very proud to have anchored this new impact-first facility managed by our long-time partner @GPSocialImpact. $8m in low cost, catalytic capital + $37.5M in senior debt from @DFCgov = the definition of how blended finance is supposed to work to support vulnerable communities.
Thoughtful piece from our friends @ConvergenceBF. Blended finance is absolutely essential, particularly in vulnerable, underserved places. Don't let the perfect be the enemy of the good in these deals. And don't say we "distort markets" when the market is not serving people.
In a guest post on ImpactAlpha, Diane Isenberg and Greg Neichin of the family office Ceniarth take on the shortage of “impact first” investors willing to tackle tough challenges with catalytic, including concessionary, capital.
https://t.co/hvSeY4Ajzi
"We have exhausted ourselves, unsuccessfully, in search of impact-first peers. Perhaps, like many in search of existential answers and nowhere else to turn, we have found religion"... faith-based impact investors are proving to be a genuine & dedicated source of impact-first $!
In a guest post on ImpactAlpha, Diane Isenberg and Greg Neichin of the family office Ceniarth take on the shortage of “impact first” investors willing to tackle tough challenges with catalytic, including concessionary, capital.
https://t.co/hvSeY4Ajzi
Excited to see @60_decibels awarded support for a catalytic effort to bring greater impact insights and transparency to the financial inclusion space. We @ceniarth are providing additional funding too. Encourage MIVs and MFIs who want to get involved to get in touch!
Congratulations to each of the 16 organizations that received a TPF grant for their work to improve Data, Metrics, and Measurement in the impact investing field. #impinv#ESG https://t.co/IV7qfrcPiY
Most times "scale" in our work @ceniarth is measured in 1000's of farmers or 1000's of small biz loans, but @GenerateCapital breaks all our usual gauges. Congrats to the team on a $2 billion (with a B!) raise that will further their mission in deploying climate solutions!
The urgent need to deploy proven #climate solutions and get the world to a #NetZero pathway has never been greater. We are grateful to have a truly values-aligned set of investors committed to our mission of rebuilding the world https://t.co/nPEuezrp6m
Easy = "here’s the typical impact of these sorts of loans"
Harder = identify top performers by differentiating between those who create outsized impact within a given category"
Hopeful that harder @60_decibels questions lead us to impact-first answers.
https://t.co/UGqWgdWM6J
"If you genuinely want to make an impact on society's most intractable problems, you need to be prepared to make financial sacrifices"... one year later and we're still ranting @ceniarth about impact-first, catalytic capital!
At SOCAP20 Virtual, @RPCKchintan, founding partner of RPCK, @YaseminLamy, Deputy CIO at @CDCGroup, and @gregneichin, director at @ceniarth, discussed the need for more investors to adopt this impact-first mindset, including by using catalytic capital. https://t.co/W1dvSq5Ejm
“As we slowly transition towards utopia, there’s a lot of shit to be dealt with... in the meantime, we’re just going to try and make people’s lives better on a day-to-day basis"... another Diane gem on our @ceniarth attitude towards revolutionary systems-change🤷♂️
Hundreds of Agents of Impact explored the range of strategies for moving family capital toward impact with Isenberg, including Sobrato Philanthropies’ Sheri Sobrato Brisson and Regan Pritzker of the Libra & Kataly foundations.
Here's a recap of #TheCall: https://t.co/RTBSb5wfJp