Theory to Practice: A New Generation Transforms Impact Investing
Wednesday, April 30, 2014 / 2:45 pm - 3:45 pm
Paul Irving, President, Milken Institute
Laura Brenner Kimes, Co-Founder, Fresh Coast Capital
Nicole Chavas, Co-Founder, Fresh Coast Capital
Dave Chen, CEO, Equilibrium Capital Group
April Mendez, Co-Founder, Fresh Coast Capital
The Milken Institute is proud to support the Morgan Stanley Sustainable Investing Challenge, the preeminent global impact investing competition for graduate business students. Focused on both financial and social returns, impact investing is growing rapidly. Investors are hungry for opportunities and participants now include many of the world's most astute investors, who see winning strategies combining their capital and their values. Some of the most exciting impact opportunities are being developed by a new generation of social entrepreneurs focused on creating market-based solutions to large-scale global challenges. This year, we feature the 2014 winning team, Fresh Coast Capital from the Kellogg School of Management at Northwestern University. Fresh Coast seeks to address the problem of brownfields--vacant properties that fall victim to contamination--by funding hybrid poplar tree farms in those areas. Hybrid poplars remediate soil and groundwater, producing a salable product in as little as four years. Fresh Coast proposes to monetize the trees and the resulting land appreciation through the Fresh Coast Forest Fund, delivering competitive returns for investors while generating social and environmental impact. Join us for a stimulating, interactive panel to learn how these and other future leaders are reshaping the face of impact investing.