Citi: Launches $150M Impact Investing Fund
- Global bank Citi also launched a $150m impact fund designed to make equity investments
- The Impact Investing Fund also will invest its own capital in U.S.-based companies that are applying innovative solutions to help address four societal challenges
- Workforce Development – solutions that train and connect people to careers
- Financial Capability – solutions that increase access to the financial system
- Physical & Social Infrastructure – solutions that improve an individual’s way of life through housing
- Sustainability – solutions that address issues related to energy, water and sustainable production
- A portion of the fund designated for earlier stage seed investments
