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Podcast: Billion Dollar Movesâ„¢ with Sarah Chen-Spellings | Global Venture Capital
Episode: The End of Impact Washing with Regional President, BNY Mellon, Karen Wawrzaszek
Description: Over a decade ago, JPMorgan and the Rockefeller Foundation, published a report claiming that impact investment was an emerging asset class that would reach between $400 billion and $1 trillion in assets under management by 2020. Many thought this was an ambitious prediction but fast forward, we now see how those doubts were misplaced with markets hitting $715 billion in assets under management in 2020. Against the backdrop of the reckoning of 2020, our lens on impact dollars has become tremendously important. But is there far too much sensationalization of impact? How do we stay grounded on metrics that really matter? We...