The role of investment analyst is an entry-level position for an aspiring impact investor. It focuses on supporting our investments into venture capital and private equity impact funds. This includes sourcing and screening potential fund managers, conducting diligence on funds, and data collection and reporting.
Please help us spread the word about this exciting opportunity to anyone you think might be a good fit (or on social media).
Dorcas Cheng-Tozun | Social Justice for the Sensitive Soul: How to Change the World in Quiet Ways
IE CEO Jessica Droste Yagan writes: "This book was a wonderful reminder of all the many and varied important ways we need changemakers to show up in the world. Yes, we need loud marchers, but we also need quieter organizers, researchers, teachers, and so much more. We need it all: show up for positive change where and as you are!"
Fintech Takes | The CFPB’s Vision for the Data Economy
VP Rahul Bhide writes: "A few of us on the team have read this piece, which explores stories of unintended or misused consumer data. For instance, a man was unable to obtain car insurance due to driving data collected by his car's software that he was unaware had been sold to a data broker. This is somewhat reminiscent of recent reports that The Walt Disney Company attempted to use Disney+ streaming service terms and conditions to avoid a wrongful death suit at Disney World (that legal argument has now been withdrawn).
"As investors we are looking for companies using novel data to drive better credit and insurance underwriting; better ideally resulting in more affordable or more widely available credit/insurance. But as we can see, novel data can also have a negative impact on the financial lives of individuals like in this case. The Consumer Finance Protection Bureau has declared their intent to step in and regulate the 'data surveillance' industry further; and we'll be following their efforts, as well as how individual companies in the space might alter their approaches."
Reach Capital | Overcoming the ‘Entry Level’ Catch-22 in the Age of AI
VP Ander Iruretagoyena writes: "A must-read on how AI is redefining entry-level jobs, shedding light on the emerging strategies to break into the workforce in this rapidly evolving landscape. Our friends at Reach Capital help readers understand how AI is transforming entry-level roles, and what steps can be taken to successfully launch a career in this new reality."
This month we're excited to welcome a new Senior Associate specializing in environmental sustainability: Mohit Jindal. Prior to joining Impact Engine, Mohit worked at Dasra, focusing on scaling water and sanitation services to improve environmental and public health outcomes in urban India. Mohit started his career as a Graduate Management Analyst at Citibank. Read more about Mohit's background.
This month we added a brand new page to our website all about Chief Investment Officer Priya Parrish's upcoming book, The Little Book of Impact Investing. Before its big launch on October 15, learn all about it, place a pre-order, and find out who called it "a masterful guide to transform anyone into an impact investor."
The Helper Bees, the in-home service solutions coordinator, unveiled a new flexible benefit card designed for over 60,000 retail locations. The card, called helpful™, will unlock benefits at major pharmacies, grocery store chains, as well as dental and vision providers and more. “By integrating products and services with the convenience of a single card, we are enhancing member access to their benefits and supporting independence at home," says Helper Bees COO Andy Friedell. "We’re helping our health plan clients make fewer tradeoffs between benefits while also leveraging card dollars towards SDoH [Social Determinants of Health] interventions that can affect clinical outcomes.”
PadSplit, the affordable co-living marketplace, has reached a new milestone: 13,000 rooms listed on their platform nationwide. Additionally, for the third year in a row, the company also was recognized on the Inc Magazine list of fastest-growing US companies with revenue growth of 440 percent. The company reported that median annual income from PadSplit members is $27,636.