Impact Engine

For a second year in a row, we're excited to announce that we've been selected to the ImpactAssets 50 2025 as an Emeritus Impact Manager! The #IA50 Emeritus recognizes impact fund managers who have achieved IA 50 recognition for at least 5 years and consistently demonstrate a commitment to generating positive impact. We are proud to be recognized among this prestigious group of influential players in building the impact ecosystem - including a few of our GPs (Core Innovation Capital, Lumos Capital Group, Next Billion Capital Partners, and The Vistria Group)! https://lnkd.in/eCbK8dPg #IA50 #impactinvesting #systemschange

IE Partner Priya Parrish recently sat down with Jana Hlistova on The Purse podcast to discuss her journey into impact Investing, how women and millennials are driving change and how to support female investors in the impact investing industry. Listen on Spotify: https://lnkd.in/gpwTicHs

As the impact investing ecosystem has evolved and grown, we've seen growing sophistication related to impact management and measurement. What can impact-focused investors in private funds, or Limited Partners (LPs), can bring to the table? And how they can affect impact outcomes. In other words, what makes an “Impact LP” – and why are they important? There are three things that stand out to us about Impact LPs... https://lnkd.in/gaSUefme

Part of our mission is to help build the impact investing field. So we love to see our team members like VP Rahul Bhide rolling up their sleeves and working with the next generation to expand how we all think about investing for positive social and environmental impacts going forward. Go Rahul! 👏

Last month, Priya Parrish joined 120 social sector leaders, entrepreneurs, investors, and academics for "Impact Investing: Aligning Profit and Purpose to Change the World", an event hosted by the Hong Kong Jockey Club Programme on Social Innovation at The University of Chicago Booth School of Business. Inspired by her book "The Little Book of Impact Investing", the conversation explored how investors can create a more sustainable and equitable society using impact investing as a tool, and what to consider when developing impact goals. https://lnkd.in/enz--KW5

BIG NEWS: In partnership with Bernstein Private Wealth Management we are excited to share the final close of Bernstein Impact Alternatives II. The Fund received more than $40 million of commitments. BIA II is the second purpose-focused fund offered as part of Bernstein and Impact Engine's unique partnership. “We are thrilled to be expanding our partnership with Impact Engine following the continued success of our inaugural Bernstein Impact Alternatives fund,” said Alex Chaloff, Chief Investment Officer of Bernstein Private Wealth Management. “Interest from private wealth investors in impact-oriented funds continues to grow and we expect the same in the coming years as more families realize the potential to align financial and social returns” said Jessica Droste Yagan, Partner and CEO of Impact Engine. Read more from our official press release: https://lnkd.in/g6JEvXjB

Circuit recently closed its $17M Series B, and Impact Engine is thrilled to support the company in scaling its tech-enabled, electric mobility services in over 40 cities! Circuit's shared microtransit services act as a connector to address transit deserts while reducing traffic congestion, reducing vehicle miles traveled, preventing GHG emissions, and lowering household transportation costs. Over the past year, the company has moved over 1.9 million passengers using 100% electric vehicles and avoiding more than 1,050 metric tons of greenhouse gas (GHG) emissions. Read more about Why We Invested in Circuit: https://lnkd.in/gFXX9aaf

We're excited to share that our Partner Tasha Seitz is an editor and contributor to the new book "An Introduction to Early-Stage Impact Investing" from Edward Elgar Publishing later this month. This book provides a comprehensive overview of early-stage impact investing, discussing best practices and providing practical advice for purpose-driven startup investing. Learn more and pre-order the book here: https://lnkd.in/giYNmSEi

We're excited to share our newest investment: Unison Therapy Services. Did you know 15% of American K-12 students have a diagnosed disability? As our VP for Health Equity Sophia (Valner) Friedman writes, that's over 7 million children, and special education learners. UTS is a multi-disciplinary provider of assistance for children with developmental delays, autism, social and emotional developmental needs, and behavioral challenges. Here's why we invested... https://lnkd.in/ggBY4Hap

If you read Stanford Social Innovation Review, you may have noticed a familiar face this week: our very own Chief Investment Officer Priya Parrish introducing her Little Book of Impact Investing to impact-curious readers. Head on over to SSIR to learn how Priya first got involved in the industry and the field itself grew from humble beginnings to a multi-billion dollar industry! https://lnkd.in/gqxtGkEN