Advance Global Capital Ltd has been selected for the third year running as one of 50 funds in the ImpactAssets 50 list. This list is the industry’s first publicly available, online database for impact investors, family offices, financial advisors and institutional investors that features a diversified listing of private capital fund managers that deliver social and environmental impact as well as financial returns.
London, 23 February 2021 – Advance Global Capital Ltd is delighted to announce that its flagship fund has been selected for the ImpactAssets 50 (IA 50) list for the third year running. The list 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. Applications are reviewed by a Review Committee of veteran Impact Investors.
“Advance Global Capital was launched after the ‘Great Recession’ with the aim of supporting small businesses around the world in need of flexible working capital,” commented Janet McKinley, the Founder and Principal Investor of Advance Global Capital. “Through 2020, in the midst of uncertainty and challenges presented by the COVID-19 global pandemic, I’m gratified that our fund was able to help thousands of small businesses keep the lights on and make payroll. We have financed $3.9 billion SME invoices in over 50 countries while delivering a good, non-correlated return for investors. I am grateful for the hard work and trust that has made this possible.”
This year marks the tenth edition of the IA 50. Total assets under management (AUM) among selected fund managers jumped to a record $228 billion in 2020, up from $181 billion in 2019.
“The growth we’ve seen in the IA 50 over the past decade is reflective of the growth, maturity, and increased diversity of the impact investing industry as a whole,” added Sandra Osborne Kartt, CFA, Director, Investments, ImpactAssets. “Along with the Emeritus and Emerging Impact Manager lists, this year’s IA 50 represents the vast array of impact themes and strategies available to impact investors today.”
The list presents varied and reliable funds based worldwide. The fund managers that appear in the list represent a diverse selection of geographies and asset classes. What sets AGC apart from its peers is its globally diversified portfolio, non-correlated returns, as well as the measurable impact targeting very small (and women-led) businesses and aligning with UNSDGs 5, 8, 9 and 10.
The database is produced by ImpactAssets, which is a non-profit financial services firm that increases flows of money to impact investing with their 100% impact investment platform and field-building initiatives, including the IA 50 database of private debt and equity impact fund managers. ImpactAssets’ $1.4 billion Donor Advised Fund is an innovative vehicle that empowers donors to increase the impact of their giving by combining it with strategic, sustainable and responsible investing to build a sophisticated philanthropic endowment.
About Advance Global Capital
Advance Global Capital, Ltd. (AGC), is a global impact investment manager that supports responsible and inclusive economic growth in underserved communities worldwide. We specialize in financing invoices for small and medium businesses (SMEs) – the engine of economic growth and job creation and the foundation of resilient local communities.
Sudha Bharadia, Chief Marketing, Investor Relations and People Officer
+44 (0) 7855 111 048