From Impact Investing to “Impact-First” Investing—What Is the Field Learning?
NonProfit Quarterly
JANUARY 15, 2025
billion) in assets under management and a 30-year track record, isnt wrong per se. Five years ago, BII launched a cohort-based approach to help organizations in other communities set up similar funds. Venture funds are self-sustaining, with management fees on large investments more than covering expenses. Each fund is unique.
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