RevHub is recognized in IA 50 2024 among 155 impact fund managers from record number of global applicants.
IRVINE, Calif. – June 5, 2024 – RevHub, a leading force in fostering social enterprise ecosystems in Southern California, has been selected to the ImpactAssets 50™ (IA 50) 2024. Showcasing 155 peers from around the world, the IA 50 presents RevHub as one the nation’s most impactful investment fund managers, driving positive social and environmental change through innovative investments.
ImpactAssets, the impact investing trailblazer with a decade-plus track record of mobilizing capital for good, showcases RevHub on the 2024 rendition of its annual IA 50 list—a free publicly available, searchable database of impact investment fund managers globally. Now in its 13th year, the IA 50 is designed to offer a simple way to identify experienced and emerging impact investment firms committed to generating positive impact, and explore the landscape of potential investment opportunities across diverse impact areas, maturity levels, and geographies.
“Impact investing is catalyzing a fundamental reorientation of capital that is attuned to the urgent social and environmental challenges we face globally,” said Jed Emerson, ImpactAssets Senior Fellow, IA 50 Review Committee Chair, and Chief Impact Officer at AlTi Global. “The IA 50 2024 is a testament to the industry’s commitment to harnessing the power of capital for good and a preview of the more systemic integration of impact considerations we can expect in the future.”
The IA 50 celebrates excellence in impact investing around the world, selecting this year’s list from an unprecedented 343 applications. RevHub was chosen as an IA 50 Emerging Impact Manager, which recognizes newer firms to watch that demonstrate potential to create meaningful impact.
This prized distinction highlights RevHub’s multifaceted approach, encompassing company’s social enterprise ecosystem-building initiatives—including NorthSTAR, a collaborative of CBOs dedicated to illuminating pathways to entrepreneurship for underrepresented communities—comprehensive incubation programming, and the RevHub Social Innovation Fund (RevFund).
“We are incredibly honored to be selected by ImpactAssets,” said Julie Cranston, Executive Director of RevFund. “This prestigious nomination is a testament to the transformative power of RevHub’s comprehensive approach—empowering entrepreneurs through entrepreneurial programming and fueling impactful ventures through RevFund. We are grateful for the dedication of our partners in creating a more inclusive and equitable entrepreneurial ecosystem.”
Dave Berkus, Chair of the Board for RevFund, added, “The acknowledgment of our endeavors by the IA 50 solidifies our stance in the industry—not only as notable proponents of impact investment, but as leaders of meaningful, positive change across communities all around the globe.”
This recognition underscores RevHub’s commitment to building a future where social and economic progress goes hand in hand. By elevating underrepresented voices, fostering social enterprise innovation, and cultivating a thriving entrepreneurial ecosystem, RevHub significantly impacts Southern California and beyond.
About RevHub
RevHub coalesces Orange County’s social enterprise ecosystem for more incredible innovation and impact. Founded in 2019, RevHub is a community of investors, entrepreneurs, mentors, and partners that has incubated 23 social enterprises and established RevHub Social Innovation Fund, Orange County’s first social impact investment fund (RevFund). In 2022, RevHub joined several partners in establishing the NorthSTAR (Systems To Access Resources) Collaborative to build the entrepreneurial ecosystem in Orange County. RevHub recently announced its development of Orange County’s first Climate Action Business Incubator (CABI). For more information, visit revhuboc.com.
About the ImpactAssets 50:
The IA 50 is the first publicly available database that provides a gateway into the world of impact investing for investors and their financial advisors, offering an easy way to identify experienced impact investment firms and explore the landscape of potential investment options. The IA 50 is intended to illustrate the breadth of impact investment fund managers operating today, though it is not a comprehensive list. Firms have been selected to demonstrate a wide range of impact investing activities across geographies, sectors, and asset classes.
The IA 50 is not an index or investable platform and does not constitute an offering or solicitation to buy or sell securities or a private placement, or recommend specific products. Nor is this an endorsement of any of the listed fund managers. It is not a replacement for due diligence. To be considered for the IA 50 2024, fund managers needed to have at least $25 million in assets under management, more than three years of experience as a firm with impact investing, documented social and/or environmental impact, and be available for US investment. Additional details on the selection process are available here.
The IA 50 Emerging Impact Managers list is intended to spotlight newer fund managers to watch that demonstrate potential to create meaningful impact. Criteria such as minimum track record or minimum assets under management may not be applicable.
The IA 50 Emeritus Impact Managers list illuminates impact fund managers who have achieved consistent recognition on the IA 50.
About ImpactAssets:
ImpactAssets is an impact investing trailblazer dedicated to changing the trajectory of the planet’s future and improving the lives of all people. As a leading impact investing firm, ImpactAssets offers deep strategic expertise to help its clients define and execute on their impact goals. Founded in 2010, ImpactAssets increases flows of money to impact investing in partnership with its clients through its impact investment platform, philanthropic solutions, and field-building initiatives, including the IA 50 database of private debt and equity impact fund managers. ImpactAssets has more than $3 billion in assets, working with purpose-driven individuals and their wealth managers, family offices, foundations, and corporations. ImpactAssets is an independent 501(c)(3) organization.
MEDIA CONTACT
Christopher Erkelens
media@revhuboc.com
949.233.4681
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