Thu, Oct 17, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Albright Capital builds on emerging markets impact strategy, signs on to IFC principles

Tuesday, September 10, 2019

Bailey McCann, Opalesque New York:

Albright Capital has adopted the International Finance Corporation's Operating Principles for Impact Management. The firm has also developed its own impact measurement system as part of the implementation of the principles.

The IFC's principles were finalized and officially launched on April 12, 2019, at the World Bank Group-IMF Spring Meetings in Washington, DC. IFC worked with a group of the world's leading impact investors, including asset owners, fund managers, investment banks, and development finance institutions to develop the Principles. Since then, the firm has been working with investors to adopt the framework in an effort to build more standardization into the impact investing space. Neuberger Berman, the Japan International Cooperation Agency, and Origin Capital are among the other firms that have signed on to use the principles to date.

The principles require signatories to assess and monitor not only their financial returns, but the progress of their investments in achieving impact. Signatories commit also to independent verification of their impact systems, which provides greater transparency on how impact funds are managed. The framework helps to analyze and balance factors that can contribute to advancing the UN Sustainable Development Goals. The SDGs provide several targets for impact investing including improvements to gender equality, or access to renewable energy and clean water.

As more inv......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Tech: Quantum computing may be closer than expected with 'game changer' discovery[more]

    From Inverse: While quantum computing has long been an exciting notion for scientists and the public alike, the realization of these technologists has long been on hold. But researchers from the Johns Hopkins University have discovered a material that might just fast-track the creation of these, unt

  2. PE/VC: Private-equity deals depress worker wages, study finds, Thoma Bravo to buy Sophos for $3.9bn, Unicorn valuations are fit to burst, warn investors[more]

    Private-equity deals depress worker wages, study finds From Market Watch: Private-equity deals result in worse pay for workers, and, depending on whether the buyout target was public or not, fewer jobs, according to a newly published study. The study of some 6,000 private-equity de

  3. Tech: When AI invests in AI[more]

    From Forbes: The title of this article might sound farfetched to many readers, but keen students of artificial intelligence (AI) know that this is no longer very far away. Since the advent of computers, capital markets have always been at the forefront of technology. Yes, that's right. You may be wo

  4. These hedge funds do better. So why can't they raise more money?[more]

    From Institutional Investor: It's an enduring paradox: hedge funds run by women and minorities outperform their peers - but run less money. Evidence continues to mount that the money investors allocate to minority- and women-controlled hedge funds stands a better than even chance of outperformi

  5. Institutional investors in Canada, U.S., and the U.K are warming to responsible investing, says a survey[more]

    Laxman Pai, Opalesque Asia: The use of environmental, social and governance (ESG) principles by institutional investors in Canada, the US, and the UK is rising according to a new survey. RBC Global Asset Management (RBC GAM)'s annual survey on responsible investing trends found that more