The world needs some changes. Quite a few actually. As I go through my day, I often think about the food that I eat, the vehicles that get me where I need to go, the buildings I work and live in, and the wide variety of products I use. I ask myself, “How much of this is truly sustainable?” The answer is frighteningly few. When you consider that even “organic” fruits and vegetables come from miles (or countries) away, even the best products and services seem to be part of the problem and too few are part of the solution. Although this point of view may seem somewhat depressing, I am a
An Investment News article entitled "Impact Investing is poised to experience growth surge" discusses the Mission Markets Platform and Impact Assets Global 50, an organization that introduces foundations and asset managers to opportunities in the impact-investing space. According to Ron Cordes, founder of Impact Assets Global 50, Mission Markets will serve as a resource for the asset managers on his platform. Here is a quote from the article:
Mission Markets was featured in an article in Axiom news discussing the emergence of the new impact investing asset class and the recently released J.P. Morgan report. Mission Markets is creating the essential infrastructure necessary to scale the social and environmental markets discussed in the report. Check out the article here!
Okay -- just to get the facts out of the way first -- I have practiced law since 1979, put in 25+ years at super-large and large firms. In 2002, I was asked to put together the first microfinance-backed CDO. I knew CDOs, I didnt know microfinance. Nine years later I can say pretty much the opposite. I witnessed and was (I like to believe) a significant part of the birth of microfinance as an investable capital markets asset, and in many ways the forerunner of many other business models that will tend to help improve the world -- what we wonderfully call today impact investments.
Impact Investments: An emerging asset class, is a new report put together by Social Finance at J.P. Morgan and The Rockefeller Foundation, in partnership with the Global Impact Investment Network. This report suggests that impact investing will establish itself as an important investment movement over the coming years.
Mike Van Patten was recently quoted in a CNBC article on environmental markets entitled "As Carbon Market Stumbles, Other Environmental Markets Succeed". The article discusses the creation of economic value from natural processes that have critical functions for the human species. Here is a brief quote from the article:
(3BLMedia/theCSRfeed) LONDON - November 11, 2010 - Today, CEO Mike Van Patten will showcase Mission Markets at a discussion of sustainable stock exchanges at the TBLI Conference Europe 2010 at 16:45. The four-speaker panel will look at the leading impact investment exchanges in Germany, the United Kingdom, South Africa, and the U.S. The TBLI Conference is the largest annual global networking and learning event on Environmental, Social and Governance (ESG) Investing of Asia and Europe.
Today, Mission Markets executed the first Virtual Roadshow for the Impact Investment Platform. This new service enables companies and organizations that have listed an offering on the platform to present their business and offering via Webex (real-time desktop sharing alongside phone conferencing). Mission Markets plans to schedule and host these investor presentations weekly to increase the interactivity of the investment platform and to better facilitate communications between issuer and investor members.