Catalytic Capital Driving Impact | SOCAP Virtual Session
Channel: SOCAP Global
Date: 2021-01-21

www.socapglobal.com
SOCAP Virtual - At The Intersection of Money and Meaning

This was a lively session of two Lightning Bolts: Catalytic Capital in Crisis Response: When Boring is Beautiful, and Our Sector’s Founding Falsehood: Doing Well by Doing Good is Not Doing Enough, followed by moderated Q&A. In Our Sector’s Founding Falsehood, we heard about how, In the face of a world beset by economic insecurity exacerbated by systemic racism and inequality, those who wish to genuinely address these challenges must be prepared to abandon the sector’s founding myth that impact investing requires no financial trade-offs. Vulnerable, marginalized communities need catalytic, low-cost, patient capital. This Bolt will challenge those who claim the mantle of “impact investment” to devote more of their capital to impact-first opportunities and will demonstrate how Ceniarth, the family office of Diane Isenberg, is embracing this vision. In Catalytic Capital in Crisis Response, Yasemin Saltuk Lamy, Deputy CIO at CDC Group, the UK’s development finance institution, presented a personal and professional journey of pioneering impact investment, with a focus on the role of the CDC’s Catalyst Strategies in crisis response.