MDIF has been selected for the ImpactAssets 50 2013. The IA 50, a free online resource for impact investors and their advisors, is the first publicly available database of private debt and equity impact investment fund managers.
This is the third consecutive year that MDIF has been selected for the IA 50, which serves as a gateway for those interested in achieving social and/or environmental, as well as financial, returns on their investments. Fund managers included in the IA 50 2013 manage a combined $10.8 billion in assets within the impact investing market.
“We are delighted to have been selected for the IA 50 2013,” said Harlan Mandel, CEO of MDIF, which invests in independent news businesses in countries where free access to information is under threat. “By selecting MDIF as one of only 50 featured impact investment funds, we see it as recognition of both the financial and the social impact of investing in independent news businesses.”
The IA 50 includes a broad range of organisations spanning multiple geographies, sectors, asset classes and impact areas. Firms were chosen based on experience, impact and with an eye toward reflecting the diversity of impact investment opportunities.
The selection committee was chaired by ImpactAssets’ Chief Impact Strategist, Jed Emerson, and included experts from the CAPROCK Group, Eirene, Haas Business School, Labrador Ventures, Toniic and UBS.
ImpactAssets is a non-profit financial services firm that increases the flow of capital into investments that deliver financial, social and environmental returns.
The IA 50 2013, along with additional details on the selection process, are available here.