IMPACT 101: What does ‘social value’ actually mean? How is it used in practice? Stephanie Robertson and Ada Yip, co-chairs at Social Value International, have the answers in our latest explainer.
PLUS: New impact firm Engine No. 1 to ‘harness capitalism for positive change’; Turner Impact Capital closes $350m workforce housing fund; IIX launches $27m bond to help women rebuild livelihoods, December impact reports; and more.
Annie E. Casey Foundation loan – the largest investment to date for venture philanthropist REDF’s Impact Investing Fund – to boost jobs and training in underserved areas of the US.