ImpactAlpha Showcases Vital Capital’s Perspective on African Venture Capital, as New Funding Floods the Continent

Vital Capital Managing Partner Nimrod Gerber recently shared insights on how to make successful – and impactful – investments in Africa with ImpactAlpha. The article, “Three lessons impact investors can offer venture capitalists looking for deals in Africa,” looks at the opportunity for the influx of VC funding into the continent, which topped $5.2 billion in 2021, to drive social, environmental and economic progress.

Based on Vital’s deep experience of building scalable businesses that transform lives across emerging markets, Gerber offers three pieces of advice to newer investors in the region: “First, ask who will really benefit from an investment. Second, consider the investment’s potential negative impacts. And third, question whether the problem can truly be leap-frogged.”

The article is available to subscribers of ImpactAlpha, here.

Vital Capital’s Head of ESG & Impact Joins BlueMark Panel discussing Alignment in Impact Performance Reporting

Vital Capital’s Head of ESG & Impact Tamar Pashtan recently joined a panel of impact investing leaders to discuss one of the industry’s most pressing topics: alignment in impact performance reporting. The discussion, hosted by impact verification firm BlueMark, was based on research from the firm’s latest report, ‘Raising the Bar: Aligning on the Key Elements of Impact Performance Reporting.’

High-quality, standardized impact performance reporting is critical for ensuring industry integrity. However, the lack of widely-accepted standards or guidelines for reporting on impact performance makes it difficult to meaningfully analyze and compare impact results. 

BlueMark’s analysis of 31 GP impact reports and interviews with 57 diverse industry stakeholders found that impact objectives vary considerably in their specificity; reported impact results are often cherry-picked; impact reports are rarely forthcoming about risks or failures; and reporters often overlook the stakeholder perspective.

The panel, moderated by BlueMark Managing Director Sarah Gelfand, featured Tamar; Fran Seegull, President of the U.S. Impact Investing Alliance and Executive Director of the Tipping Point Fund on Impact Investing; Elizabeth Seeger, Managing Director, Sustainable Investing at KKR; and Bhavika Vyas, Managing Director at StepStone Group. They delved into the current state of impact performance reporting among GPs and fund managers, best practices, and potential pathways to improve the quality and usefulness of impact reports going forward.

Listen to the full discussion here.

PwC’s Experience Consulting Interviews Vital Capital’s Head of ESG & Impact

PwC’s Experience Consulting hosted Vital Capital’s Head of ESG & Impact Tamar Pashtan on its PreWork Walk virtual interview series for a conversation focused on aligning profit and purpose through impact investing.

The session, entitled “Driving profit for purpose: How to successfully invest for impact,” explores Vital Capital’s impact investing origins and some of its most innovative portfolio companies. PwC’s Anjali Multani and Elise Harper also talk with Pashtan about measuring and managing impact, and about what is exciting her most about Vital Capital’s recent work.

The PreWork Walk interview series, which features insightful conversations with leaders from a variety of fields, encourages the audience to start their day outside on a walk, rather than in front of a computer, while listening to engaging and thought-provoking discussions.

 

Listen to the full PreWork Walk interview here.

 

Infrastructure Investor Interviews Vital Capital Managing Partner

Vital Capital Managing Partner Nimrod Gerber recently spoke to Infrastructure Investor about the need to build and improve basic infrastructure in emerging markets and the role private capital can play in spurring that development.

Highlighting the inextricable link between economic development and infrastructure, Gerber commented: “Businesses that provide basic goods and services rely on basic infrastructure – roads, ports, affordable and reliable energy, water, healthcare and education, telecommunications and the internet. If you’re an impact investor and you look at emerging markets, you have to take infrastructure into account.”

The article is available to subscribers of Infrastructure Investor, here.

Vital Capital Achieves Emeritus Manager Status on IA50 2022

Vital Capital has again received recognition as an Emeritus Manager on ImpactAssets’ IA50 listing for 2022, an achievement that reflects the firm’s pioneering role in the impact investing industry.

The IA50 is the most recognized free database of impact investment fund managers. The annually updated list is considered the gateway into the impact investing world for investors and financial advisors, offering an easy path to identify experienced and emerging impact fund managers and illustrating the industry’s breadth around the world. As such, the IA50 is an invaluable resource for institutional and private investors, as well as their advisors and consultants.

2022 marks the eighth consecutive year that Vital Capital has been included on the IA50 list – an accomplishment in which our firm takes tremendous pride as we continue to generate positive impact by building successful, scalable businesses that solve critical social and environmental challenges and transform lives.

The IA50 2022 list is available on the ImpactAssets website, and Vital Capital’s profile can be found here.

 

Vital Capital’s Managing Partner Contributes to New WEF Report on Africa’s Digital Transformation

Vital Capital’s Head of ESG & Impact Tamar Pashtan recently joined a panel of impact investing leaders to discuss one of the industry’s most pressing topics: alignment in impact performance reporting. The discussion, hosted by impact verification firm BlueMark, was based on research from the firm’s latest report, ‘Raising the Bar: Aligning on the Key Elements of Impact Performance Reporting.’

High-quality, standardized impact performance reporting is critical for ensuring industry integrity. However, the lack of widely-accepted standards or guidelines for reporting on impact performance makes it difficult to meaningfully analyze and compare impact results. 

Listen to the full discussion here.