Oct 23, 2014 • 17M

#134: OPIC, Global Partnerships Bring Depth Of Experience To Impact Investing

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Devin Thorpe
Some of the world's great changemakers join host Devin Thorpe to share leadership lessons you can use to increase your impact.
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October 22, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1w68VC0. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. Infrastructure to support global impact investing is maturing, improving the viability of the model. The Overseas Private Investment Corporation (OPIC), the U.S. Federal Government’s development finance institution, and Global Partnerships, a nonprofit investing in Latin America for over twenty years, are two examples of mature players in the impact investing space. Elizabeth L. Littlefield, CEO and President of OPIC explains that, “Private capital is essential in development, and business can serve as a force for good in having a positive impact.” She adds, “OPIC has worked to create tools to address market gaps and support impact investors. These include established partnerships with private lenders, risk-mitigation for private investors to enter emerging sectors and regions, and innovative tagging to categorize our investments for impact.” Rick Beckett, CEO and President of Global Partnerships, said, “Over the past 20 years, GP has achieved a double bottom line of social and financial return, making over $130 million impact investments in over 70 partners, touching 2.6 million lives.” Global Partnerships leverages charitable dollars to fuel its investing, explains Beckett. “Philanthropy is key to our success. It funds the research on initiatives and catalyzes our learning and progress.” OPIC has partnered with Global Partnerships to address “large-scale global challenges,” according to Beckett. “Our partners deliver sustainable solutions to help their “clients” earn a stable income, save money and time, increase productivity, and have access to affordable health care.”