Featured

TEAMFund Co-Founders Recognized as Fortune 50 Impact Investors

September 8, 2020

Contributed by: Jon Ponciano and Kristin Stoller

A decade ago, when impact investing was in its infancy, the prevailing view among investors held that there was an inherent tradeoff between doing good and turning profits. Today, that thinking appears to be shifting. Assets under management devoted to impact investing–defined as investing in companies that intend to generate a financial return as well as a positive, measurable social or economic impact–grew to $715 billion as of December, up from $502 billion a year earlier, according to the Global Impact Investing Network. Nearly 90% of the 294 impact investors surveyed by the GIIN this year said they met or exceeded their financial expectations on their investments.

To compile The Impact 50 list of the most notable impact investors, Forbes identified primarily U.S.-based individuals investing in ventures striving to have a positive social or environmental impact both domestically and around the world. We researched U.S. billionaires, as well as members of Forbes’ lists of the highest-paid athletes, highest-earning celebrities, 30 Under 30 and America’s Richest Self-Made Women. We also spoke with experts in the field of impact investing. Those on our list had to have been involved in impact investing for a year or more, either with deployed capital or personal investments, and be respected in their field.