Advance Global Capital Ltd recognized as Emeritus Impact Manager by Impact Assets

London, 12 March 2024 – Advance Global Capital Ltd is thrilled to share that it has been selected as an Emeritus Impact Manager by ImpactAssets 50 2024, for the sixth year running.

Sudha Bharadia, Co-CEO of Advance Global Capital Ltd, said: “Continuing our mission for impact, Advance Global Capital proudly accepts this recognition by IA50. Reflecting our unwavering commitment to fostering economic growth for small business worldwide, we are humbled by this status and are proud to have been selected every year for the past 6 years. The most fundamental aspect about our firm is that we started out in 2012 with the mission and ethos at the heart – to support SMEs with working capital. We remain committed to delivering decent financial returns and demonstrable impact to all our investors.”

ImpactAssets, the impact investing trailblazer with a decade-plus track record of mobilizing capital for good, today released the ImpactAssets 50™️ (IA 50) 2024, a free publicly available, searchable database of impact investment fund managers globally. The IA 50, now in its 13^th year, is designed to offer a simple way to identify experienced and emerging impact investment firms and explore the landscape of potential investment opportunities across diverse impact areas, maturity levels and geographies.

This year’s list is composed of 155 impact fund managers selected from an unprecedented 343 applications, a submission volume that is 15% higher than last year. This growth signals increased interest in the IA 50, alongside expansion and maturation of the impact investing industry at large. The increasing traction also points to a broader shift that embraces impact investing’s critical role in shaping a sustainable future.

“As we celebrate the 13th anniversary of the IA 50, we are witnessing a pivotal shift in finance more broadly: Impact investing is catalyzing a fundamental reorientation of capital that is attuned to the urgent social and environmental challenges we face globally,” said Jed Emerson, ImpactAssets Senior Fellow, IA 50 Review Committee Chair, and Chief Impact Officer at AlTi Global. “The IA 50 2024 is a testament to the industry’s commitment to harnessing the power of capital for good and a preview of the more systemic integration of impact considerations we can expect in the future.”

In addition to Jed Emerson and Malaika Maphalala, the ImpactAssets IA 50 Review Committee includes a distinguished group of investors, managers and practitioners who are recognized as trailblazers and authoritative experts in the field.

Contact: Sudha Bharadia, Co Chief Executive Officer, sbharadia@advanceglobalcap.com

About Advance Global Capital

Advance Global Capital, a mission-oriented global impact investment management company, believes that private capital, when invested well, can be a force for good. We work with investors who want measurable, positive impact that aligns with their values alongside good financial returns. Our flagship fund puts capital to work in underserved communities worldwide by financing small and medium businesses (SMEs) that lack sufficient access to credit and need it to thrive. Our investments deliver tailored financing to partners, and flexible working capital to SMEs so they can grow and continue positively impacting their local economies.

About the ImpactAssets 50:

The IA 50 is the first publicly available database that provides a gateway into the world of impact investing for investors and their financial advisors, offering an easy way to identify experienced impact investment firms and explore the landscape of potential investment options. The IA 50 is intended to illustrate the breadth of impact investment fund managers operating today, though it is not a comprehensive list. Firms have been selected to demonstrate a wide range of impact investing activities across geographies, sectors and asset classes.

The IA 50 Emeritus Impact Managers list illuminates impact fund managers who have achieved consistent recognition on the IA 50.