Are you an impact investor or an unicorn hunter?
Over the last 5-10 years, there has been a tidal wave of investment funds, all claiming to have Impact Investing focus. In a time where we need more investment going into societal and environmental restoration, this development is encouraging.
We often don’t see so many investment professionals raise money, governmental institutions allocate money or asset owners invest their own to fix or improve society.
That’s admirable and noble. Billions have been raised to help fix societal and environmental challenges. Should we be thrilled or skeptical? I choose the latter.