Real Money Moves: A SOCAP Conversation on Private Prisons, Celebrity Influence, & Impact Investing With Morgan Simon and Derrick Morgan

Real Money Moves’ influence campaigns are supported by celebrities such as cast members of Orange is the New Black, Natalie Portman, and NFL player Derrick Morgan. Morgan, the recently retired linebacker from the Tennessee Titans, has become a prominent impact investor. Shortly before announcing his retirement from the NFL, Morgan established the KNGDM Impact Fund which is raising $50 million to invest in real estate and operating businesses in marginalized communities that have been designated as Opportunity Zones.

Driving Impact in Opportunity Zones at the Kresge Foundation on Episode 27 of SOCAP’s Money + Meaning Podcast

The new Opportunity Zone legislation is expected to drive billions of dollars of investment into low income communities around the country. Yet, with limited oversight, this capital has as much potential to harm communities as is does to benefit them. In an effort to set a precedent for transparency in this new space, the Kresge Foundation has recently committed $22 million to two Opportunity Funds in exchange for higher levels of reporting and accountability. In this episode, Rip Rapson, President and CEO of the Kresge Foundation, and Kresge Social Investment Officer Aaron Seybert discuss the innovative way the foundation is working to shape OZ investment.

Tech and Impact Pioneer Mitch Kapor on SOCAP’s Money + Meaning Podcast

Mitch Kapor is fond of saying, “genius is evenly distributed by ZIP Code, but opportunity is not.” So, in 2011 Mitch and his wife, Freada Kapor Klein, set out to tackle this issue by investing in seed stage tech startups closing gaps of access, opportunity, or outcome for low-income communities and communities of color in the US. After more than 100 investments over eight years, Kapor Capital has not only been been able to generate gap-closing social impact, but has done so while achieving financial returns in the top quartile among VC funds of similar size. In this episode, Mitch shares lessons learned from his journey into impact investing and tries to dispel harmful biases still embedded in the VC community.

20 Years of Impact Investing with SJF Ventures on SOCAP’s Money + Meaning Podcast Episode 2.9

This week’s episode is a conversation with impact investing pioneer Dave Kirkpatrick of SJF Ventures and Impact Capital Managers. Dave was at the forefront of the impact investing industry when he co-founded SJF Ventures back in 1999. Originally the Sustainable Jobs Fund, SJF has grown from a $17 million first fund to the recent $125 million close of fund four. In this conversation, host Alex Kravitz asks Dave about his longevity in the industry, how his investment philosophy has evolved over the lifecycle of his four funds, and how the industry has changed over his 20 years as an investor.