David Bank, a veteran Wall Street Journal reporter and author, is editor and CEO of Impact IQ. Most recently, Bank was vice president of Encore.org (formerly Civic Ventures) and an architect of the encore careers movement.

Impact IQ focuses on the actual transactions that are defining the new market for impact investments. The potential. The players. The terms. The impact. The crucial information that investors need to do their own next deal to deliver social and environmental impact along with financial returns

Impact IQ will fill a crucial gap in impact information:  real-time deal news that illuminates who’s putting down how much on what and why.

As with other alternative investments, impact investments present a particular challenge: most deals are private, with no requirements for disclosure. That makes the hunt all the more fun, and the information all the more valuable. With our Open Impact data initiative, Impact IQ is putting a stake in the ground for transparency.

Impact IQ will be a scorekeeper, not a cheerleader. Our mission is to accelerate the movement of capital by increasing transparency, around social and environmental impacts as much as financial performance. Impact IQ’s independent reporting will call out the fails along with the wins.

Starting with seed investments in early-stage social ventures and growing to cover all deal structures and stages, Impact IQ will dig out details of deal financing events and open them to the public with compelling editorial and cutting-edge tools.

Impact IQ will be TechCrunch for impact, VentureBeat for social, Bloomberg’s New Energy Finance for the greater good or Preqin for the newest category of alternative assets. Market intelligence for impact investors. One deal at a time.