Former MaRS executives co-found new global impact investment firm
Why It Matters
Impact investing is becoming a major financial philosophy at a time when the world needs help recovering from the costs of COVID-19, the ongoing climate crisis, and deepening economic inequality.
Two former senior executives at MaRS, including a past CEO, are behind the recent launch of an impact investment firm promising to open up financial opportunities for philanthropists and socially-minded private investors alike.
TwinRiver Capital launched on July 14 in both Toronto and Boston to help clients from across the financial and social impact spectrum get involved in impact investing, especially around healthcare, environmental, and economic inclusion issues. Other impact investors are already chipping in to solve these very issues, but Ilse Treurnicht, co-founder of TwinRiver Capital, says there aren’t a lot of players in Canada — and she wants to see more.
“It’s not so much that we want to be different,” she told Future of Good in an interview. “There’s not enough of us.”
The new firm says it will offer it
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