GSC Web Meeting:
DATE: March 6, 2013
TIME: 12pm – 1pm EST
In 2011, an estimated $1 billion was invested by the so-called “value-based investors” (private VC firms) into companies that seek to ameliorate social problems (Forbes, Dec. 19th, 2011). The inflow of this money continued during the recession and then grew from under $8 billion in 2012 to over $9 billion in 2013. These funds are managed by “impact investors,” as the Impact Investment segment of the capital market approaches its tipping point in the total VC market (JP Morgan and GIIN report 2013).
Value-based investment is not a “blip on the radar” any more. More and more frequently, investors present specific requests regarding what kind of results do they expect from their working capital. By that they venture beyond the financial returns– more and more frequently they want their capital and management skills to address pressing social and environmental issues. They expect that innovation, supported by their funds and expertise, will not only enlarge the investment assets but produce tangible benefits for local communities.
- Ms. Eme Essien Lore | Associate Director, PRIDE | ROCKEFELLER FOUNDATION
- Mr. Abhilash Mudaliar | Research Manager | Global Impact Investing Network (GIIN)
- Ms. Karen A. Morris | Strategy and Innovation Consultant and Senior Fellow of The Institute for Innovation in Large Organizations
- Dr. Wanda Lopuch | Chair at Global Sourcing Council | President at MDA Associates, Inc.
Participants can use their computer’s microphone and speakers (VoIP) or telephone.
United States Toll: +1 (951) 266-6131 Access Code: 455-592-991 Audio PIN: Shown after joining the webinar
- Eme Essien Lore | Associate Director, PRIDE | ROCKEFELLER FOUNDATION
As Associate Director in the Africa Regional Office, Ms. Essien Lore supports the development and execution of several initiatives: she serves as the regional champion for the Rockefeller Foundation’s Harnessing the Power of Impact Investing initiative; she also helps advance the Foundation’s project entitled Poverty Reduction through Information and Digital Employment (PRIDE). PRIDE is working in Africa to foster and scale up a new arm of the outsourcing industry called impact sourcing (IS), which are programs aimed at creating employment for the poor by establishing meaningful jobs in the information technology industry. Prior to joining the Foundation, Ms. Essien Lore spent several years with the International Finance Corporation, the private sector arm of the World Bank
- Abhilash Mudaliar | Research Manager | Global Impact Investing Network (GIIN)
Mr. Mudaliar is responsible for shaping and implementing the GIIN’s research strategy and program. He joined the GIIN with over seven years experience in social enterprise, impact investing and international development research, including time as a microfinance consultant at Unitus, an impact investor at Elevar Equity, and a social entrepreneur within Hippocampus Group. Mr. Mudaliar also worked on a large-scale randomized controlled study of education policy experiments in southern India. He began his career as a management consultant at Bain & Company. Mr. Mudaliar has earned Honors degrees in Arts and Commerce (specializing in Political Science and Finance, respectively) from the University of Melbourne and, more recently, an MPA/ID from the Harvard Kennedy School, where he received the Raymond Vernon Award.
Please mind that GIIN has just published a report on impact investing, in cooperation with J.P. Morgan – “Perspectives on Progress.” You can read the report HERE.
- Karen A. Morris | Strategy and Innovation Consultant and Senior Fellow of The Institute for Innovation in Large Organizations | Board Member at Global Sourcing Council
Karen A. Morris is an independent strategy and innovation consultant and is formerly Chief Innovation Officer of AIG, one of the world’s largest general insurance companies. She has over 25 years experience in insurance, law, management, and multinational business. This rich and diverse international background inspires her insight on governance, customer-centricity, and product, service and business model innovation. She is a frequent speaker and writer on customer focus, design thinking, innovation, management and leadership at global forums and conferences around the world. Karen is an adjunct professor at Fordham University in New York teaching Innovation as part of the MBA program and has spoken on innovation at the world’s foremost executive MBA program. She is also a Senior Fellow of The ILO Institute and serves on the board of directors of the Global Sourcing Council.
- Wanda Lopuch | Chair at Global Sourcing Council | President at MDA Associates, Inc.
Dr. Wanda Lopuch’s unique combination of entrepreneurial drive, global mindset, multi-language executive skills and corporate responsibility expertise have been critical in allowing her to successfully exploit growth opportunities in technology, pharmaceuticals, biotechnology companies as well as in the not-for-profit sector. In doing so, she strongly advocates and practices capitalism-based idea of “doing well by doing good.” In addition to her function as Chair of the GSC Board, Dr. Lopuch leads MDA Associates, Inc., a consulting organization focusing on “greening” the global operations and their supply chains while improving economic outcomes of businesses in the life sciences, IT, FMCG and financial sectors. With 20 years of experience in the pharmaceutical and telecommunication sectors spanning across the United States, Europe, and East Asia.