SOCAP, is proud to announce it will be spinning out of its former MissionHUB LLC ownership. Earlier this year, Robert J. Caruso, Founder & Managing Partner of Kantian Social Ventures led the investment round with a group of mission aligned impact investors and innovators to allow SOCAP to independently ramp up its efforts to spread awareness of market based solutions to the world’s greatest challenges, curate thought-leadership in the space, and educate impact market participants. SOCAP will begin expanding its brand reach to larger, more mainstream audiences and enhance its consumer engagement practices to help bring impact investing into the mainstream consciousness.
SOCAP was founded by a small group of entrepreneurs who were committed to accelerating a new global market at the intersection of money and meaning. When this passionate group of collaborators, including Rosa Lee Harden, Kevin Jones, and Tim Freundlich, co-founded SOCAP, assets managed through responsible, sustainable or impact approaches were fringe and disparate. Today, over $8.7 trillion in assets are managed through these approaches globally.
We are proud to be a pioneer of the impact investing industry and the largest convener in the space. SOCAP’s place has always been in the vanguard of the emerging global impact economy – convening ideas and capital to catalyze world change.
Rosa Lee Harden will continue in her role as SOCAP’s Executive Producer, Kevin Jones as Convener, Lindsay Smalling as Producer and Curator, and Jamie McGonnigal as Director of Business Development.
Our annual flagship SOCAP conference in San Francisco will celebrate its 10th convening this October. We look forward to celebrating many more milestones in the future of our flagship event while building upon its successes and expanding our reach to bring impact investing into wider mainstream consciousness globally.
SOCAP is also thrilled to announce the first initiative of the new SOCAP partnership will be The Good Capital Project, an integral step in evolving impact investment from an emerging industry into mainstream practice. Through a new design thinking process, the aim of the Good Capital Project is to convene all constituents within impact investing and the social capital market to drive greater collaboration and accelerate capital flows into purpose driven investments.
Rosa Lee said of the new partnership, “SOCAP is proud of the role we have played as the leading convener within the impact space, but we know that until we begin bringing in more influential figures from the sphere of mainstream finance, that we aren’t going to make the kind of positive impact in the world that we want and need to make. We are excited about this partnership and the greater impact we will create together.”
“In many ways, SOCAP’s mission to be at the intersection of money and meaning is even truer and more important today, in a world in which impact investing is emerging into the mainstream and grapples with how to generate innovative and sustainable solutions to align the capital markets with the human needs of tomorrow. With the additional expertise, growth capital and partnerships, we are confident that SOCAP is the brand to guide our industry’s next decades,” said Bob Caruso.
“John Morris’ invaluable advice and V2V Associates’ year of work on investment design strategy lead to the investment opportunity with Kantian Social Ventures and we look forward to their ongoing involvement,” added Tim Freundlich, Co-founder and Chairman of Mission Hub LLC.
Join us at the launch of The Good Capital Project during our one day event in New York City on June 19th, 2017 to be held at Convene, Midtown East on Third Avenue.