Furthermore, this score reinforced our commitment toward achieving financial inclusion, SME job creation, strengthening financial ecosystems, and economic opportunities for women. In 2023, our financing supported over 13,000 small businesses, yielding a strong impact multiplier outcome of the creation of more than 100,000 jobs throughout communities. Additionally, our focus on actively managing our portfolio displays strength in our ability to manage or respond to risks, a clear indicator of our commitment of responsibility to investors and the capacity of our team’s decision-making expertise.

Where the impact investing landscape reveals a gap between investment practices and frameworks, IEL and SII’s research further exposed two key disconnections: limited options for investors to evaluate private market funds and costly verifier services unattainable to smaller managers. Larger fund managers can leverage verification services, enabling them to attract more capital. However, this widens the opportunity gap between investors and emerging managers – an issue not exclusive to AGC but found also among other participating funds.

As a result of this gap, we’ve made the integrity behind our organization’s impact measurement and management framework central to our reporting practices. While our impact data trends have fluctuated over time, we’ve dedicated 10 years of consistently applying our methodology to the underlying framework in how we measure, manage and report impact metrics. Considering the challenges for impact framework adherence and accepted industry-wide standards, AGC has leveraged exercising transparency to safeguard our allocators investment interests. Diligence capacity, our proficiency in tracking key outcomes, and external validators are some of the most noted motives behind why LPs invest in our fund.

The value of the Impact Authenticity Score assessment lies in its ability to promote alignment between investment principals, industry standards, investors and fund managers. As a fund that scored strong results for our overall performance, we can showcase how we excel with intent and deliver consistently on implementation. Furthermore, these outcomes underscore the importance of not compromising on how we apply rigor to our assessment practices in impact investing, especially as standards within the industry continue to evolve. By aligning intentions with outcomes, investors can confidently pursue both financial returns and meaningful social impact with AGC.