A group of foundations and family office networks launched this week a $12.5 million grant-making fund to encourage more infrastructure for the impact investing lane.
The initiative has the potential to make impact investing a more attractive avenue for financial advisors to pursue because its backers are seeking to standardize and simplify measurements of success, ultimately making the asset classes easier to explain and market to clients.
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.