Cre8tive Philanthropy

Icon

Investment and innovation in the for-profit social impact community.

Ron Cordes Interview on Impact Investing in Forbes Magazine

Ever articulate and a champion of impact investing, Ron Cordes, Co-Chairman of Genworth Financial Wealth Management interviews with Forbes magazine on impact investing and social entrepreneurship.

As I built our impact portfolio, I began to fully appreciate the ability to create “double bottom line” returns – particularly in 2008 when several of our microfinance investments were among the top performers in our portfolio. I also had the opportunity to speak with dozens of the wealth managers we work with at Genworth, and found that they had an emerging interest within their client bases to do the same thing we were doing – but lacked any tools or infrastructure to actually build and implement impact portfolios. 

Our philosophy is that to solve the world’s toughest problems we need exponentially more resources than can be provided through just traditional philanthropy.  Impact investing offers an opportunity to tap a giant new capital source to create sustainable, scalable solutions that can have potential game-changing results.

For the whole August 29th interview in Forbes.

 

 

 

 

 

Advertisements

Filed under: Impact Investing, Social Entrepreneurs

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: