Impact Investing Showcase Features Fund Managers that Deliver Social, Environmental and Financial Returns
Craft3 has been selected for the ImpactAssets 50 2015 (IA 50), a free, publicly available online resource for impact investors and their advisors. The IA 50, now in its fifth year, is the first publicly available database of private debt and equity impact investment fund managers.
“ImpactAssets 50 is an important resource that enables philanthropists, other asset owners and their wealth advisors to make investments that strengthen economic, ecological and family resilience and provide financial returns,” said John Berdes, Craft3 founder and CEO. “Craft3 is honored to be included as one of 50 firms that demonstrate a wide range of impact investing activities.”
Since its founding in 1994, Craft3 has become very good at converting its capital resources into outcomes in low- and moderate-income communities throughout Oregon and Washington. Since inception, it has invested over $360 million in people and communities, delivering the following results, while maintaining a loss rate of 3% or less:
- 68,392 low- and moderate-income families assisted
- 10,490 jobs created or retained
- 344 minority-, veteran- or women-owned businesses assisted
- $1 billion in new investment leveraged
- $1.2 billion in local ownership of real estate strengthened
- 39,891 acres of working landscapes or conservation lands preserved
- 137 million gallons of water treated or conserved annually
- 48,010 metric tons of greenhouse gases averted annually
- 2 million BTUs of energy conserved annually
The ImpactAssets 50 is the only free, public, searchable database of outstanding impact investing fund managers. The showcase includes a range of funds spanning diverse issue areas and investment, with demonstrated and compelling social and environmental impact. Fund managers included in the IA 50 2015 manage a combined $13.6 billion in assets devoted to creating measurable, positive impact.
The IA 50 selection committee is chaired by ImpactAssets' Chief Impact Strategist, Jed Emerson, and includes experts from The CAPROCK Group, Toniic, UBS and Blue Haven Initiative.
The IA 50 is not an index or investable platform and does not constitute an offering or recommend specific products. It is a not a replacement for due diligence. In order to be considered for the IA 50 2015, fund managers needed to have at least $10 million in assets under management, more than 3 years of experience as a firm with impact investing, documented social and/or environmental impact and accept investments from the US. Click here for additional details on the selection process.
Craft3 is a nonprofit community development financial institution with a mission to strengthen economic, ecological and family resilience in Pacific Northwest communities. They do this by specializing in loans to entrepreneurs, nonprofits, individuals and others who don’t normally have access to financing. Craft3 then complements these financial resources with expertise, personal connections and other advocacy for their clients. Since 1994, Craft3 has invested more than $360 million in Washington and Oregon’s people and communities. Learn more at www.Craft3.org and www.Craft3.org/Videos.
ImpactAssets is a nonprofit financial services firm that increases the flow of capital into investments that deliver financial, social, and environmental returns. ImpactAssets’ donor advised fund (“The Giving Fund”), impact investment notes, and field building initiatives enable philanthropists, other asset owners, and their wealth advisors to advance social or environmental change through investment.
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