Fund managers included in IA 50 2016 manage an estimated $ 10.6 billion in assets
February 15, 2017. Seattle, WA. Capria Ventures has been selected for the ImpactAssets 50 2016 (IA 50), for the second year in a row. The IA 50, now in its sixth year, is the first and only publicly available database of outstanding global private debt and equity investment impact investing fund managers that deliver social and environmental impact as well as financial returns. Fund managers included in this year’s IA 50 manage a combined $10.6 billion in impact investing assets.
“We are honoured to be part of ImpactAssets 50 2016 along with a group of other distinguished global impact fund managers,” said Dave Richards, Co-Founder and Managing Partner of Capria Ventures. “Through our continued efforts in Unitus Ventures (formerly Unitus Seed Fund) and Capria funds, we are committed to improving the lives of low-income populations at scale in emerging economies, while delivering superior financial returns to investors.”
“As impact investing continues to move from niche to mainstream, those new to the field – as well as impact veterans – appreciate the IA 50’s broad overview of innovative fund strategies,” said Jed Emerson, Chief Impact Strategist, ImpactAssets. “The IA 50 roster offers a great overview of innovative managers and diverse approaches to creating impact with investment capital.”
Founded in 2012, Capria Ventures currently manages Unitus Ventures (formerly Unitus Seed Fund), India’s leading impact venture seed fund, and Capria Fund, investing in local, world-class fund managers in emerging markets. Unitus Ventures (formerly Unitus Seed Fund) has invested in 25 startups in India creating scalable and market-based solutions with built-in social impact across education, healthcare, fintech and livelihoods. To date, its growing/active portfolio companies have impacted over 850,000 bottom of economic pyramid lives across India. Capria Ventures recently announced the launch of USD $100 million Capria Fund to invest in high potential fund managers investing in early-stage impact businesses across Africa, Asia and Latin America.
The IA 50 selection committee is chaired by Jed Emerson, Chief Impact Strategist, ImpactAssets with experts from Align Impact, Toniic, Bain Capital and The CAPROCK Group among others.
The IA 50 selects a range of funds spanning across geographies, issue areas and investment, with demonstrated social and environmental impact. To be considered for the IA 50 2016, fund managers needed to have at least USD $10 million in assets under management, more than 3 years of experience as a firm in the impact investing field, proven commitment to social impact and must be tracking clear measure of social and/or environmental impact using GIIRS rating, IRIS metrics or similar ones. Additional details on the selection process are here:
About Capria Ventures
Capria Ventures is a global financial services innovator investing in the “missing middle” finance opportunity in emerging markets. Capria manages multiple investment funds, a fund manager accelerator, and a network of fund managers. Capria is focused on delivering superior profits to investors along with social and environmental impact at scale with a goal of unlocking over USD $500 million in impact capital by 2021 and positively impacting the lives of millions. Capria has offices in Seattle and Bangalore. More at: http://capria.vc and http://usf.vc.