The first impact investing fund launched in 1998
In 1998, the first impact investing fund proved that financial returns and social good could go hand-in-hand, sparking a global movement.
In 1998, the first dedicated impact investing fund emerged, pioneering a new way to do good and make money. This fund channeled capital into underserved communities, supporting initiatives like microfinance and education access. Unlike traditional investing, it actively sought measurable social outcomes alongside financial returns, proving profit and purpose weren't mutually exclusive.
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