Invest Northwest Ten Year Performance Review

Tom WoelfelImpact Investing, InSight, Publications

Invest Northwest Ten Year Performance Review

We are pleased to share our latest report: Invest Northwest: Ten-Year Final Performance Review. For ten years Pacific Community Ventures has worked with the Northwest Area Foundation (NWAF) and the Annie E. Casey Foundation (AECF) to annually evaluate the social performance of Invest Northwest, a place-based mission-related private equity fund. Invest Northwest was created in 2004 with the twin objectives of generating market-rate financial returns and social returns aligned with NWAF’s mission — to support efforts by people, organizations and communities to reduce poverty and achieve sustainable prosperity in the northwestern states of the U.S. As a place-based investment, Invest Northwest was established to support business growth and retention as well as the creation of good jobs for residents within NWAF’s eight-state service region that encompasses Idaho, Iowa, Minnesota, Montana, North Dakota, Oregon, South Dakota, and Washington.  Invest Northwest was developed at a time when mission investing was still an emerging … Read More

What’s New In Impact Investing? January Roundup

Patrick DugganImpact Investing, InSight

impact investing jobs

  Impact investing is about using markets and money for social good. Impact investing is built on the belief that private capital can play a powerful role in solving the massive global challenges of our day, and that capital markets should work for good as well as profit. This vision is realized through investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return. Every month, PCV will give you a roundup of what’s new in the field, what conversations are taking place, and how you can get involved. Here are some highlights from January: Foundations of all sizes have been true leaders in the impact investing field, aligning their capital with their missions, ensuring a laser focus on impact and providing catalytic capital to attract other types of investors. Seeing the potential of impact investing for achieving transformative change, … Read More

What’s New In Impact Investing? December Roundup

Patrick DugganImpact Investing, InSight

social impact investing

Impact investing is about using markets and money for social good. Impact investing is built on the belief that private capital can play a powerful role in solving the massive global challenges of our day, and that capital markets should work for good as well as profit. This vision is realized through investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return. Every month, PCV will give you a roundup of what’s new in the field, what conversations are taking place, and how you can get involved. Here are some highlights from December: Growing number of investors are attempting to create social value with their investments, but it’s often more difficult to achieve than one might think. Impact-fund managers, who invest mainly in privately held businesses, are having trouble finding companies that are ready to put large amounts of … Read More

What’s New In Impact Investing? November Roundup

Patrick DugganImpact Investing, InSight

impact investing esg

Impact investing is about using markets and money for social good. Impact investing is built on the belief that private capital can play a powerful role in solving the massive global challenges of our day, and that capital markets should work for good as well as profit. This vision is realized through investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return. Every month, PCV will give you a roundup of what’s new in the field, what conversations are taking place, and how you can get involved. Here are some highlights from November: The demand for sustainable and impact investing is growing— investors now consider environmental, social and governance (ESG) factors across $8.72 trillion of professionally managed assets, a 33 percent increase since 2014! This is according to a major new report from our friends at US SIF, which … Read More

A First-Timer Experiencing Opportunity Finance Network’s 2016 Conference

Patrick DugganImpact Investing, InSight, PCV News

ofn conference 2016

This piece is from Justin Fier, Managing Director of InSight, our in-house impact investing consulting practice.   Last month, multiple PCV colleagues of mine and I attended the CDFI industry’s premiere annual event, the Opportunity Finance Network (OFN) Conference, held this year in Atlanta. As a newcomer to PCV — as well as the CDFI industry — I was excited to meet industry peers and learn more. The conference was attended by over 1,200 individuals, most of whom work for the 1,000+ CDFIs that are scattered across the U.S. As many of our blog readers know, Community Development Financial Institutions, or CDFIs, are not new to the financial world. First introduced by the U.S. government in the early 1990s, the new structure was considered innovative, even though some of these entities had been in operation for decades. In general, a CDFI is a financial institution that provides financial services to … Read More

Measuring The Social Outcomes Of Impact Investments

Patrick DugganImpact Investing, InSight

impact-measurement

Pacific Community Ventures engages with a wide variety of constituents — small businesses, investors, volunteers, and policymakers — to create good jobs for working people and build an economy that works for everyone. So where does impact measurement fit in? To ensure we’re deploying every dollar and every hour of our time effectively, measurement is key to delivering on our mission. We participate in impact investing in two ways.  As a Community Development Financial Institution, we are ourselves an impact investor. We offer diverse small businesses owners access to the capital and expertise they need to grow their businesses and create good jobs. We also work with other impact investors to evaluate the social and economic outcomes from their investments, so we can learn and reapply what works and ultimately build the field of impact investing. Today, impact measurement is a combination of data and storytelling.  And stories are important … Read More

What’s New In Impact Investing? October Roundup

Patrick DugganImpact Investing, InSight

impact-investing-agriculture

Impact investing is about using markets and money for social good. Impact investing is built on the belief that private capital can play a powerful role in solving the massive global challenges of our day, and that capital markets should work for good as well as profit. This vision is realized through investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return. Every month, PCV will give you a roundup of what’s new in the field, what conversations are taking place, and how you can get involved. Here are some highlights from October: If just 2% of the assets in America’s public pension funds and 1% of the assets in private pension funds were dedicated to economically-targeted investments (ETIs), it would mean an additional $300 billion in capital dedicated to social good.  ETIs let pension funds put their capital to … Read More

Catalog of Economically Targeted Investments by Pension Funds

Patrick DugganImpact Investing, InSight, Publications

catalog of economically trageted investments

In October of 2015, the Department of Labor released new guidance on the Employee Retirement Income Security Act (ERISA). This reaffirmed that pension funds — holders of $20+ trillion in capital — could pursue economically-targeted investments (ETIs). These kinds of investments let pension funds put their capital to work in ways that not only generate financial returns but also create jobs and support local economies and the environment — furthering the long-term interests of their plan participants and beneficiaries. Following the one-year anniversary of the ERISA ETI guidance, the Accelerating Impact Investing Initiative (AI3) is pleased to share a first-of-its kind online catalog of 118 pension fund ETIs and an accompanying research brief that extensively documents ETIs and offers insight into trends, analysis, and reflections. The majority of ETIs (70%) were made by public pension funds The average number of ETIs per year was highest between 1994 and 2008, with … Read More

What’s New In Impact Investing? September Roundup

Patrick DugganImpact Investing, InSight

social impact community investing

Impact investing is about using markets and money for social good. Impact investing is built on the belief that private capital can play a powerful role in solving the massive global challenges of our day, and that capital markets should work for good as well as profit. This vision is realized through investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return. Every month, PCV will give you a roundup of what’s new in the field, what conversations are taking place, and how you can get involved. Here are some highlights from September: At the 71st Session of the UN General Assembly in September, impact investing was discussed at a confab hosted by New America and Concordia. The U.S. State Department and Bretton Woods II introduced the Trillion Dollar Challenge, intended to help achieve the UN’s 17 Sustainable Development Goals by 2030. Specifically, they’re calling on the world’s … Read More

What’s New In Impact Investing? August Roundup

Patrick DugganImpact Investing, InSight

impact investing news

Impact investing is about using markets and money for social good. Impact investing is built on the belief that private capital can play a powerful role in solving the massive global challenges of our day, and that capital markets should work for good as well as profit. This vision is realized through investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return. Every month, PCV will give you a roundup of what’s new in the field, what conversations are taking place, and how you can get involved. Here are some highlights from August: A new report from our good friends at Georgetown’s Beeck Center for Social Impact and Innovation takes a deep dive into building the policies, coalitions, and investment practices needed to make positive social and environmental outcomes a key part of every investment decision. The report was written by … Read More