Tim McCarthy and the Business of Good

Article of Interest - "#BensTake: Harnessing the Promise of Impact Investing So it Lands in Places" by Ben Hecht

Mar 29, 2015 10:05:00 AM / by Tim McCarthy

Editor's note: Living Cities' CEO, Ben Hecht, writes about Black Rock Impact, a social investing platform from mutual fund giant, Black Rock Funds. It makes me nervous and hopeful at the same time. Nervous because I've never been a "bottom of the pyramid" kind of guy. That's the theory that good money can be made off the world's poor. But the points Hecht specifically makes about urban USA areas taking advantage of these new funds to build micro-lending and such things makes me hopeful. Enjoy.

https://www.livingcities.org/blog/789-benstake-harnessing-the-promise-of-impact-investing-so-it-lands-in-places

Tags: Learning and Knowledge

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