Generation Gap: Why Millennials Have Hooked On To Impact Investing

2016-01-19T23:50:13-08:00January 19th, 2016|Categories: Socially Responsible Investment|Tags: , |

Impact investing isn’t only for the softhearted. In the past year alone, BlackRock launched new business unit BlackRock Impact, Goldman Sachs bought impact advisory firm Imprint, and former Massachusetts governor Deval Patrick now heads up Bain & Capital’s impact fund. “Some of the most celebrated and followed world-class investors have jumped into impact investing in the last year,” says Jean Case, AOL Inc entrepreneur and CEO at the Case Foundation. Hedge funder Bill Ackman put $5.8 million into Bridge International [...]