WaterEquity Selected as 2023 IA 50 Impact Investment Fund Manager
IA 50 recognizes asset manager WaterEquity for the fifth consecutive year as one of 50 leading impact investment managers
KANSAS CITY, Mo., March 16, 2023 (Newswire.com) - WaterEquity is delighted to be selected for the prestigious ImpactAssets 50 (IA 50) list for the fifth consecutive year (2019-2023). The ImpactAssets 50 recognizes a diverse group of impact fund managers with an established track record of delivering measurable social and environmental impact alongside financial returns.
"WaterEquity is honored to be included in the ImpactAssets 50 for a fifth consecutive year," said WaterEquity's President, Paul O'Connell. "This recognition is a tribute to our entire team, and the impact that we have collectively achieved to date. Our sole purpose has always been to build a sustainable, global capital market for safe water and sanitation that will directly reach the 2 billion+ people in need1. Against a backdrop of increasing investor interest in water, both for its own sake and for its impact on climate, recognition as an IA 50 Manager helps us achieve this mission."
"This recognition is a tribute to our entire team, and the impact that we have collectively achieved to date. Our sole purpose has always been to build a sustainable, global capital market for safe water and sanitation that will directly reach the 2 billion+ people in need1. Against a backdrop of increasing investor interest in water, both for its own sake and for its impact on climate, recognition as an IA 50 Manager helps us achieve this mission." Paul O'Connell, President, WaterEquity
This year marks the 12th edition of the IA 50 and its publication comes when interest in ESG and impact investing funds are at an all-time high. For example, the 2023 edition of IA 50 features 163 fund managers representing $122 billion in assets under management. WaterEquity serves as a distinct example of the growth and innovation seen throughout the impact investing sector. Since its founding in 2016, WaterEquity has raised more than $350 million in committed capital for Sustainable Development Goal 6 and has reached more than 3.8 million people with access to safe water and sanitation across 16 countries, all while providing risk-adjusted returns to investors.
"This year's IA 50 showcase is a watershed, as the industry continues to allocate more investable assets into social and environmental solutions with both time-tested strategies and creative, new approaches. Established funds continue to impress, while new funds are bringing fresh approaches and insights that move the needle in critical areas through impact investing." Jed Emerson Senior Fellow, ImpactAssets, IA 50 Review Committee Chair, Chief Impact Officer at AlTi Global.
The IA 50 is the first publicly available, searchable database of outstanding impact investing fund managers. The IA 50 Review Committee includes: Andrew Lee, Managing Director, Global Head of Sustainable and Impact Investing, UBS Global Wealth Management; Christina Leijonhufvud, CEO, BlueMark and Co-Founder, Tideline; Cynthia Muller, Director of Mission Investment, W.K. Kellogg Foundation; Danielle Reed, Senior Vice President, ESG & Impact Investing, Jordan Park Group; Jed Emerson Senior Fellow, ImpactAssets, Chief Impact Officer at AlTi Global; Jennifer Kenning, CEO & Co-Founder, Align Impact; Justina Lai, Chief Impact Officer and Shareholder, Wetherby Asset Management; Karl "Charly" Kleissner, Ph.D., Co-Founder of Toniic and KL Felicitas Foundation; Kate Starr, Co-Founder and Chief Investment Officer, Flat World Partners; Liesel Pritzker Simmons, Co-Founder and Principal of Blue Haven Initiative; Malaika Maphalala, CPWA® Private Wealth Advisor, Natural Investments, LLC; Margret Trilli, CEO and Chief Investment Officer, ImpactAssets; Mark Berryman, Managing Director of Impact Investing, The CAPROCK Group; Ronald A. Homer, Chief Strategist, Impact Investing, RBC Global Asset Management (US) Inc.; and Stephanie Cohn Rupp, CEO and Partner, Veris Wealth Partners.
The IA 50 is granted by ImpactAssets, an investor in funds managed by WaterCredit, an affiliate of WaterEquity. WaterEquity did not pay any fees associated with this award. Additional details on the selection process are available here.
WaterEquity is the first asset manager exclusively focused on solving the most urgent issue of our time—the global water and sanitation crisis. We invest in financial institutions, enterprises, and infrastructure in emerging markets with the goals of delivering access to safe water and sanitation to low-income consumers, while offering an attractive risk-return profile to investors. Founded by award-winning entrepreneurs Gary White and Matt Damon of Water.org and led by Paul O'Connell, the success of WaterEquity is built on decades of experience investing in water and sanitation in emerging markets, delivering proven social and financial returns. Learn more at WaterEquity.org.
1World Health Organization (WHO) and the United Nations International Children's Fund (UNICEF) Joint Monitoring Program (2021). Progress on household drinking water, sanitation, and hygiene: 2000-2020.
ImpactAssets is an impact investing trailblazer, dedicated to changing the trajectory of our planet's future and improving the lives of all people. As a leading impact investing firm, we offer deep strategic expertise to help our clients define and execute on their impact goals. ImpactAssets has more than $2 billion in assets in 1,700 donor advised fund accounts, working with purpose-driven individuals and their wealth managers, family offices, foundations and corporations. ImpactAssets is an independent 501(c)(3) organization.
Categories: Asset Management
Tags: Asset Manager, ESG, Impact Investing, ImpactAssets, sustainable development