New York is leading the way in yet another important stance to combine educating, informing, and making money though IMPACT.
There clearly is a growing consciousness about making the world a better place, we see this daily, the themes are catchy and are everywhere you turn now — the key to all of this is creating the awareness that this is “new area of IMPACT investment” is NOT all simply charity work with no returns or low returns. There are attractive market based returns to be made.
As I left the building where I was working out at recently — I saw a pamphlet “NYC Preview Guide” where the New York City Javits Center hosted the Green Festival 2013 on April 20-21. http://www.greenfestivals.org
Perhaps it’s just celebrating Earth Day – Week!?!
However, when you see Corporate Giants like Network Station ABC (owned by The Walt Dysney Company) and FORD Motors and its “Impact Effort” through its Ford Community Green Grant partnering with this Green Festival — we begin to understand that there is investment and capital being deployed that will lead to create returns, in many forms, such as ROI (Return on Investment) in addition to education, idea generation, and social responsibility, more.
Over the next decade, and starting this year already, you will see and hear about the evolution of many new Private Equity and Asset Management firms — and how they will shift their investment strategies into this emerging area of importance and return significance.
The combination of Business Leaders, Investment Managers, NGOs, and governmental bodies will continue to work together to create more possibilities for our families and future generations.
Gregory Mark Hill
May 7, 2013