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ImpactAssets Strengthens Investment and Client Engagement With Three Strategic Promotions – Yahoo Finance

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Appointments reflect rapid growth as impact investments surge 60 percent and grants jump 76 percent in 2020.

Northampton, MA –News Direct– ImpactAssets

BETHESDA, Md., September 22, 2021 /3BL Media/ – ImpactAssets, a leading $1.6 billion impact investing firm, announced three promotions across its investment and business development teams:

  • Sandra Osborne Kartt, CFA has been promoted to Managing Director, Investments

  • Nick Peters has been promoted to Director, Investments

  • Deb Parsons has been promoted to Managing Director, Business Development

The promotions follow a rapid growth of the firm’s leading-edge impact investment offerings for individuals, advisors, foundations, corporations and other partners. In the face of the COVID-19 pandemic, ImpactAssets and its clients made 220 investments in funds and companies that are having a transformative impact on people and planet, totaling $415 million in impact investments. Clients also doubled down on their commitment to solving the world’s greatest challenges, generously giving $181 million in grants, a 76 percent increase.

CEO and Chief Investment Officer Margret Trilli said, “I am thrilled to announce these well-deserved promotions. Sandy and Nick have each been vital in building a best-in-class lineup of impact investments, leading the team in completing 21 due diligences last year, and Deb has been instrumental in strengthening top tier service amidst explosive growth in new clients. With continued expansion in our impact investment and charitable activity, I am tremendously excited to see what they will accomplish next.”

Sandra Osborne Kartt, CFA

As Managing Director of Investments, Sandra manages the team responsible for sourcing, due diligence and selection for investment options spanning asset classes and impact themes. With expertise in social equity and microfinance, she oversees the ImpactAssets’ Impact Notes Program. Prior to joining ImpactAssets, Sandra served as a Risk Officer at Developing World Markets, an impact investment asset manager focused on linking the capital markets and financial institutions serving the bottom of the pyramid in emerging and frontier economies. She also worked at Keefe Bruyette & Woods, a boutique investment bank, as a sell-side equity research analyst covering the U.S. banking industry. Sandra holds an MA in Economics from New York University, a BS in Economics from Louisiana State University, and is a Chartered Financial Analyst.

Nick Peters

Nick’s new duties as Director of Investments include overseeing the sourcing, due diligence and selection of investment options with expertise in Climate Solutions. Prior to ImpactAssets, Nick was on the investment teams at AiiM Partners and Factor[e] Ventures, where he led investments in early and growth stage investments delivering positive environmental and social change. He also worked as a Financial Fellow at Project Drawdown, where he focused on financial and impact modeling of climate solutions, mobilizing climate-friendly capital, and launching a new global modeling platform. Nick holds an MBA from the Haas School of Business at UC Berkeley and graduated Phi Beta Kappa from UCLA with a BA in Economics and International Studies.

Deb Parsons

As Managing Director of Business Development, Deb leads all client engagement and business development at ImpactAssets. She has 15+ years working with investors, donors and large-scale initiatives to create positive social and environmental change. Deb has played key roles in consulting projects focused on bringing together disparate stakeholders for a common good with specific focus on gender and racial equity. She has worked in both the for-profit and nonprofit sectors across impact areas. Deb holds an MBA from Kenan Flagler Business School, UNC Chapel Hill, where she was a Carolina Venture Fellow.

About ImpactAssets

ImpactAssets is the leading impact investing partner for individuals, families and philanthropists tackling the world’s greatest challenges by investing in the world’s brightest ideas. We make it easy for our clients to “discover, connect and invest” in game-changing entrepreneurs and funds. Founded in 2010, ImpactAssets increases flows of money to impact investing with our 100% impact investment platform and field-building initiatives, including the IA 50 database of private debt and equity impact fund managers.

The ImpactAssets Donor Advised Fund is an innovative vehicle that empowers donors to increase the impact of their giving by combining it with strategic, sustainable and responsible investing to build a sophisticated philanthropic endowment. The Fund currently has more than $1.6 billion in assets in 1,700 donor advised funds, working with 350 wealth advisors across 60 financial services firms.

ImpactAssets is headquartered in Bethesda, with offices in New York City and San Francisco. Learn more at https://www.impactassets.org/ImpactAssets

View additional multimedia and more ESG storytelling from ImpactAssets on 3blmedia.com

View source version on newsdirect.com: https://newsdirect.com/news/impactassets-strengthens-investment-and-client-engagement-with-three-strategic-promotions-254721102

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Turkey's Erdogan says U.S. proposed F-16 sales in return for its F-35 investment – Reuters

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A U.S. Air Force F-16 jet fighter takes off from an airbase during CRUZEX, a multinational air exercise hosted by the Brazilian Air Force, in Natal, Brazil November 21, 2018. REUTERS/Paulo Whitaker

ISTANBUL, Oct 17 (Reuters) – President Tayyip Erdogan said on Sunday that the United States had proposed the sale of F-16 fighter jets to Turkey in return for its investment in the F-35 programme, from which Ankara was removed after purchasing missile defence systems from Russia.

Reuters reported earlier this month that Turkey made a request to the United States to buy 40 Lockheed Martin-made F-16 fighter jets and nearly 80 modernization kits for its existing warplanes. read more

Speaking to reporters before departing for a trip to West Africa, Erdogan said Turkey wants a return for its investment in the F-35 programme and that talks on the issue are ongoing.

“There is the payment of $1.4 billion we have made for the F-35s and the U.S. had such a proposal in return for these payments,” Erdogan said.

“And regarding this, we said let’s take whatever steps are needed to be taken to meet the defence needs of our country,” he said, adding that the new F-16 jets would help develop its fleet.

Ankara had ordered more than 100 F-35 jets, made by Lockheed Martin Corp (LMT.N), but the U.S. removed Turkey from the programme in 2019 after it acquired Russian S-400 missile defence systems.

The decades-old partnership between the NATO allies has gone through unprecedented tumult in the past five years over disagreements on Syria policy, Ankara’s closer ties with Moscow, its naval ambitions in the eastern Mediterranean, U.S. charges against a state-owned Turkish bank and erosion of rights and freedoms in Turkey.

Ankara’s purchase of the S-400s has also triggered U.S. sanctions. In December 2020, Washington blacklisted Turkey’s Defence Industry Directorate, its chief, Ismail Demir, and three other employees.

Since then the U.S. has repeatedly warned Turkey against buying further Russian weaponry. But Erdogan has indicated Ankara still intends to buy a second batch of S-400s from Russia, a move that could deepen the rift with Washington.

The request for the jets will likely have a difficult time getting approval from the U.S. Congress, where sentiment towards Turkey has soured deeply over recent years.

There is bipartisan support in U.S. Congress to push the Biden administration to put further pressure on Ankara, primarily over its purchase of Russian weapons and its human rights track record.

Ankara has said it hopes for better ties under U.S. President Joe Biden.

Reporting by Ali Kucukgocmen
Editing by Raissa Kasolowsky;

Our Standards: The Thomson Reuters Trust Principles.

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Guest column: Long-term investment only way to resolve homeless and needy crisis – Windsor Star

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Have you ever found yourself walking along a walkway in Montreal, Toronto, Windsor or any city in Canada, where you come face to face with a person holding their hands out or a cup hoping for some change?

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How did you react? Ignore them, stare in disgust, feel sorry for them, but not donate to their cause of survival?

Don’t feel bad about your response. I believe ignoring those before you is often the top option taken by people, perhaps next followed by a limited drop of change that may buy them a coffee.

Feeling bad about what you do or did not do is both naturally human and conscience driven.

But I believe our Canadian cities have not done very well for the homeless and destitute of our society.

I do not mean Canadians have not spent large amounts of money to help these individuals because all levels of our governments have spent hundreds of millions of dollars doing just that.

I suggest the empathy we have for these individuals has not been thought out very well — or at least not expanded to where support should have gone.

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We naturally react to problems before us. We recognize a challenge, possibly study it, then go to our experts and ask what should we do.

Well, we have reacted on this issue many times, gone to the “specialists” to be directed towards a quick, temporary “make us feel good” solution.

But what I feel is needed is a planned long-term response to this challenge.

The homeless, destitute, mentally ill and transient often make tent cities in our urban centres. We try to do much to assist them and dissuade them from staying in these areas.

After every attempt to assist them, almost inevitably our police are directed by political leaders to empty those parks. Sometimes violence and misunderstandings abound. Then the rich versus the poor becomes a rallying cry for the sector that cares for these people.

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Years ago, the Ontario government closed many mental health institutions throughout the province I feel creating part of the problem. Services and shelters are offered to people, but often not used by many.

I believe our governments either totally misunderstand these individuals or just don’t care enough. Shelters can be very crowded places to live, rules impossible to follow and violence happens often among clients.

The very stresses and mishaps that lead individuals to homelessness and mental problems becomes more pronounced.

The problem I feel is nearly every effort made by a government is intended to be temporary.

These issues need to be better thought out and then act. Long-term strategies are usually more effective and less costly over time. Let’s invest in people, don’t coddle them and offer trinkets of consolation.

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When it comes to homelessness, a multi-governmental effort must be made with direct ownership investments by municipal, provincial and federal governments to develop and build real affordable housing.

We have seen what private developers have to offer us — solutions that are never really affordable, always centred upon immediate profitability.

We must instead focus efforts upon our neighbours first and possible long-term profits later. Call upon our “specialists” to offer how and what affordable housing should look like for young, old, disadvantaged and disabled clients. Then find pre-existing governmental properties where building housing is an immediate asset.

When it comes to those mentally challenged I feel the most pronounced question has been what can we do for these clients?

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What indeed. First off we need to get many of these people off the street. In freezing winters staying outside can be suicidal. Police and medical teams should have powers to “arrest” if necessary those individuals truly in need of assistance. A firm protocol must be established where clients enter our programs.

Next steps should include an initial evaluation of the person’s situation, full evaluation of their medical and mental health, then placement to respectful accommodation with supervision.

If needed, a three-month program to assist initial addiction, mental and associated conditions. Then provide follow-up evaluations to each individual’s progress.

If more help is needed it should be provided. Multiple hiring of therapists, psychologists, specialty teachers, social workers and trades personnel newly graduating from our colleges and universities will be required. But instead of putting bandages upon each individual’s life we will put full investments into each and every one.

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Pathways to further education, personal development will be encouraged. Many of those without homes I feel will respond well to affordable housing that can be rented or owned in time.

Those that are unemployable due to their physical, developmental state in life can be given opportunities not based upon stereotypes. A person’s offered gifts and abilities will be used to our societal benefit.

If you were to compare the costs of maintaining these people as we have been doing for multiple generations and what the cost would be should we invest in long-term solutions for our neighbours in need, I believe there will be no doubt how we should proceed.

For those asking how are we going to afford these services and investments, I’d like to believe most Canadians would prefer investing in community/persons before investing in a thing. Governmental or public corporate bonds with good returns could also possibly be offered.

All these acts I believe could show the world that Canadians can and will stand above the rest as empathic innovators of what is humanly excellent.

Steven Kaszab is a resident in Bradford, Ontario, a community north of Toronto.

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Nicholas Kyriacopoulos: How to invest properly in 2021 and beyond – mtltimes.ca

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Entrepreneurs like Nicholas Kyriacopoulos know the importance of how to invest during uncertain times, and it would be fair to say that the last year or so has had a few surprises for everyone following investment markets. While this change and volatility can be very profitable for those who make the right decisions, it also makes those right decisions harder to discern.

Nicholas Kyriacopoulos

The fundamentals of good investment have not changed, however, and will continue to help investors in the future:

Keep it simple

Keeping it simple is a good rule for many areas in life, and investment is definitely one of them.

How much time do you really want to spend managing your investment portfolio, and what kind of returns would make that commitment worth it to you?

If your investment portfolio takes careful attention and management to work, you need to be prepared to give it the time it needs. Keeping a simpler portfolio that doesn’t need as much attention paid to it can be a better option for people who have limited time to spend on their investment decisions.

That doesn’t mean you should necessarily take a ‘set it and forget it’ approach to investment, but absolutely consider the additional time commitment and stress of each potential investment and whether it is worth your time.

Diversify

Diversification improves reliability and reduces the risk of just about every investment portfolio. Your investments should always be varied enough that even when a few of your investments are in a slump, you will still have enough winners to make a minimum return.

Many entrepreneurs like Nicholas Kyriacopoulos from Toronto recommend holding a variety of asset types as well as stocks. For example, consider bonds and real estate as part of your overall portfolio; make sure you have stocks associated with several different industries.

Rebalance

According to Nicholas Kyriacopoulos, be open to the concept of rebalancing. As market conditions changes, look to shift your portfolio away from investments that with less promising prospects and up your investments in markets that look ready to rise. 

Nicholas Kyriacopoulos gives a simple example of rebalancing from the latter half of 2020. While oil prices were not looking great for most of the year, there were signs of incoming change. As a result, some investors sold oil assets over the summer and later purchase oil stocks. They then saw great returns when the stocks surged in November.

Asset allocation

As an experienced investor in Toronto, Nicholas Kyriacopoulos advises careful consideration of your current situation and future financial goals. For the most part, this is about the amount of risk you can take on and your ability to recover if an investment doesn’t go your way.

If you still have decades left to work and rebuild, you can afford to take more risks than if you are approaching retirement and are looking for holdings you can rely on for a long time.

Consider your long-term goals

Nicholas Kyriacopoulos observes that besides your current situation, you also need to think about long-term goals. Where do you want to be in five, ten, or twenty years, and what can you do along the way to ensure your investment takes you in the right direction? Setting goals and having plans is just as important in 2021 as it has always been.

Don’t ignore your instincts

As Nicholas Kyriacopoulos, investing does involve risk and it sometimes means going with what you feel deep in your gut. While your decisions should always be backed by data and analysis of the market, following your instincts make it easier to have confidence in your decisions.

Your instincts can come about as a result of noticing minor details others are not noticing. If the feeling is strong enough, take the risk.

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