July 30, 2015 - Read the full Forbes article and watch the interview here: http://onforb.es/1Is6oal. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. “For the vast majority of my career I have been both a capitalist and a philanthropist, and I’ve struggled at both. I struggled to make my change meaningful, and struggled at making meaningful change,” Bobby Turner told me in preparation for this piece. His response: create one of the largest firms in the impact investing space. He founded Turner Impact Capital just 18 months ago to acquire and operate affordable residential housing projects and fund construction of charter schools in high-need communities. “Our investment strategy is based on recognizing that making money making and making positive societal change need not be mutually exclusive,” He adds. “In fact, it’s the interdependency between profits and purpose that enable us to drive significant risk-adjusted returns with very little correlation to the broader market indices.” “We have one mission: to create sustainable solutions for many of today’s societal problems by developing and investing in community-enriching real estate in densely-populated, underserved communities. We are trying to tackle some of society’s most daunting challenges— not through government or philanthropy, but by using market forces to create sustainable solutions,” he continues. Turner has a genuine passion for using capitalism for good. He explains it this way, “If one wants to treat a problem in society, then government and philanthropy are fine. If one wants to cure, really cure a problem then one needs to harness market forces to create a sustainable solution. And that means making money for investors.” Please consider whether a friend or colleague might benefit from this piece and, if so, share it.