As there will never be enough philanthropy dollars to solve major problems and opportunities driven by global crises like climate change, Apollo Global Management is looking to invest in large, scaled companies where growing profits is directly tied to impact. Apollo named Lisa Hall Impact Chairperson in 2020. Hall has been a leader in impact investing since the 1990s when she joined Calvert Impact Capital. Since then, she has been at the forefront of impact trend setting from serving as CEO at Calvert to joining the Brenninkmeijer family in 2010 to begin the transition of their family office investing towards impact and sustainability.

Purpose is a competitive advantage for the Builders Fund, which leads growth equity and buyouts of lower middle market companies driven by impact. Builders has invested in companies like PosiGen Solar, bringing solar power to low income homeowners; Traditional Medicinals, the leading wellness tea brand in North America; and Mixt, a plant-based restaurant chain. Mike Dutton and Tripp Baird founded Builders to fill a gap for impact-focused capital for emerging growth stage companies, and to be a purpose-driven partner as these businesses scale their impact.

Wireframe Ventures backs early-stage founders focused on the health of people and the planet. Co-founders Harsh Patel and Paul Straub make initial investments of $500K to $2m at the seed or pre-seed stage, and then work closely with founders to turn their world changing ideas into scaled companies. For example, Wireframe led the seed round in Span.io, to reinvent the hundred year old electric panel, and has since raised over $120M to bring his vision from concept to commercial deployment, and frequently makes early investments in companies at the forefront of scientific innovation like Mammoth Biosciences, co-founded by Trevor Martin and Nobel Prize winner Professor Jennifer Doudna.

Lumos Capital Group invests $10-30M into growing companies defining the future of learning and work. Founded by Victor Hu and James Tieng, Lumos looks to partner deeply with companies that are growing impactful tech-enabled products and services in the global education sector. With the digital transformation of education, traditional products and distribution channels are being disrupted by a new category of customer-centric platforms and services, which in turn has created a new class of high growth education companies.

UBS, the world’s largest truly global wealth manager, has a long history in sustainability and is taking a lead in providing sustainable and impact investing advice and solutions to its clients. The firm has a view that wealth managers and advisors play a critical role in helping clients to deploy their philanthropic and investment capital for a better world. Andrew Lee, Managing Director and Global Head of Sustainable and Impact Investing for UBS Global Wealth Management, estimates that 1 in 4 family offices have impact investments as of 2022. Impact and sustainable investing has emerged as a driver of positive change and performance for high-net-worth families.

Jennifer Kenning tells her inspiring story of founding Align Impact after struggling with severe depression which led her to volunteer with the homeless. These experiences led her to found Align Impact – a $2.3 Billion under advisement impact investing firm. Named 40 under 40 by Investment News and amongst the 50 most influential women in private wealth by Private Asset Management, Kenning believes that capitalism can be a force for good bringing people centered solutions to global issues ranging from climate change to education.

The Mosiac Fellowship brings a skilled and diverse pool of talented young professionals into the world of impact investing through a summer internship program – to help create the impact investing leaders of tomorrow. Meet four Mosaic fellows from top graduate programs who spent 10 week summers embedded with ICM members and are now bringing their diverse experiences to impact investing and entrepreneurship. The Mosaic Fellows is a fully paid fellowship that you can apply to on the ICM website.

Ballentine Partners is a multi-family office with $20 billion under advisement across 270 client families. Ballentine was one of the early pioneers in private impact investing given their long-term view on wealth management and their goal of helping clients to align their values and their practices through allocation of capital. While clients often start seeking alpha creation, Ballentine’s clients derive the most value from work to ensure healthy family relationships around money. In particular, raising children who are grounded, engaged and empowered to use their family resources toward goals for family, community and society.

Caprock has invested in over 100 private impact investments with 40 fund managers, including 20 Impact Capital Managers. Mark Berryman, leads Caprock’s Impact Investing and previously served as co-head of Deutsche Bank’s Global Social Investment Funds Group. Berryman is a recovering camel rider, which he learned as a Peace Corps volunteer in Mali at the start of his career 25 years ago. Caprock has provided catalytic capital across strategies ranging from sustainable infrastructure to fintech in the developing world to EdTech. Because of its size, Caprock works closely with clients to create bespoke impact strategies and even strategy specific investment vehicles.