Rockefeller Brothers Fund Joins Impact Investment Efforts

Wednesday, June 25, 2014
Rockefeller Brothers Fund Joins Impact Investment Efforts
 
At a White House event earlier this week, the Rockefeller Brothers Fund announced plans to dedicate 10 percent of its $840 million endowment to targeted impact investments. 
 
The foundation's commitment was one of more than 20 new private sector pledges to drive more than $1.5 billion into impact investments that intentionally generate financial return as well as measurable social or environmental impact.
 
Criteria for the RBF's investments will initially prioritize support for clean energy, in an effort to identify businesses positioned to become a part of the worldwide shift to improve energy efficiency, decrease dependence on fossil fuels, and mitigate the effects of climate change. Investments supporting the balance of the Fund’s programmatic priorities of democratic practice, peacebuilding, and those areas designated as RBF pivotal places, will also be incorporated with this proactive commitment...