Read the full Forbes article and watch the interview here: http://onforb.es/1WdGawI. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. By some measures, the world is awash in cash, much of it available to be invested in emerging markets with a social purpose. For instance, the world’s largest bank, the Industrial and Commercial Bank of China, has assets of $3.3 trillion. The constraint on impact investing may be expertise rather than capital. [Jump to page 2 to watch the live interview.] According to Dave Richards, cofounder and Managing Director of Capria Ventures an affiliate of Unitus, explains the constraint. There are, he says, “lots of great entrepreneurs in high-growth emerging markets in Africa, Latin America and Asia and very little early-stage risk capital available, so their businesses aren’t realizing their potential in areas such as agriculture, healthcare, education and technology.” The cause, he asserts, isn’t the lack of capital. He says, “What’s needed are on-the-ground, knowledgeable, capable fund managers who can provide smart capital and support to the best entrepreneurs.” To address this problem, Richards says, “We have launched Capria Accelerator, the first global business accelerator for impact fund managers. We are taking our experience of building the leading impact seed fund in India along with Unitus’ experience over a decade of launching multiple fund managers to invest in, support and help capitalize new fund managers backing early-stage startups primarily in markets including Sub-Saharan Africa, South Asia, Southeast Asia, and Latin America.” Read the full Forbes article and watch the interview here: http://onforb.es/1WdGawI. Please consider whether a friend or colleague might benefit from this piece and, if so, share it.