The five new board members represent ICM's
growing network of best-in-class private capital funds
investing for superior returns & meaningful impact
NEW
YORK, Aug. 6, 2024 /PRNewswire/ -- Impact
Capital Managers (ICM) announced today the election of five
distinguished impact investing leaders to its 501(c)6 Board of
Directors. The five incoming directors were voted on by ICM's 120+
members at the association's annual member meeting in Washington, DC, earlier this spring. The new
slate of board members succeeds five of ICM's original founding
directors, who concluded their term limits in accordance with the
organization's by-laws.
The newly elected board members are:
Jacob Haar, Managing
Partner at Community Investment Management (CIM)
Maya Chorengel, Co-Managing
Partner, TPG's The Rise Funds
Nathan Taft, Chief Investment
Officer at Jonathan Rose Companies
Peter Davidson, CEO &
Founder at Aligned Climate Capital
Radhika Shroff, Managing
Director for Nuveen's Private Equity Impact Investing team
The five new board members will fill seats previously held
by Karl Khoury,
Co-Founder & Partner at Arborview Capital; Monika Mantilla, Co-Founder & CEO at
Altura Capital; Mark Grovic,
Co-Founder and General Partner at New Markets Venture Partners;
Matt Greenfield, Managing
Partner at Rethink Education; and Stephen DeBerry, Founder and Managing
Partner at Bronze Venture Fund.
"Today marks a significant milestone for Impact Capital
Managers. We are profoundly grateful to the board directors who are
stepping away after five years of dedicated and skilled service and
who laid the groundwork for ICM's long-term success. We look
forward to continuing to work with them as valued members," said
Marieke Spence, Executive Director
of ICM. "In turn, we are excited to welcome a new generation of
Board leaders, marking the first major board transition since ICM's
founding in 2019. This new cohort reflects our growing global reach
and diversity of private capital impact strategies, including the
first debt investor and real estate investor on our board. ICM
continues to accelerate its policy and advocacy work on behalf of
members and the field - and as such, we are gratified that the
policy expertise of our outgoing Directors is also shared by
several new board members."
"ICM is and will continue to be an organization founded by and
driven by the leading private market impact investors. Witnessing
our network grow from 25 founding members to its current size is a
testament to the expanding influence and depth of the impact
investing ecosystem. We welcome the expertise of this new group of
board members, and I am confident that the new directors will drive
ICM to even greater heights," said Hope
Mago, Chair of the Board of Directors of Impact Capital
Managers, Inc. and Partner at HCAP Partners.
"I am honored to join ICM as a new board member at this pivotal
moment. ICM is an invaluable network, offering a crucial platform
for collaboration and knowledge sharing among impact investors. The
organization, specifically its robust membership network, is
exceptionally well-positioned to champion the voice of impact
investors in important sectors, including public policy and impact
measurement and management." said Radhika Shroff, incoming Impact Capital Managers
Board Director and Managing Director for Nuveen's Private
Equity Impact Investing team.
The board transition took place during ICM's July board meeting,
marking the beginning of a new chapter for the organization. The
ICM Inc. Board of Directors supports the overall mission of the
network and plays a crucial role in setting the association's
strategic agenda. It also works closely with the affiliated but
independent 501(c)3 organization, the ICM Institute. Please visit
this page to learn more about the board.
About Impact Capital Managers: Impact Capital Managers is
a network of private capital fund managers investing for superior
financial returns and meaningful impact, with a mission to
accelerate the performance of its members and to scale the private
capital impact investing market with integrity and authenticity.
Membership is by invitation only. Today, the network includes 120+
funds collectively representing more than $50 billion in impact-focused capital. ICM is a
501(c)6 organization with an affiliated 501(c)3, the ICM Institute.
For more information, visit impactcapitalmanagers.com.
Press Contact: Garrett Jaso, Senior Manager,
Communications and Policy, gjaso@impactcapitalmanagers.com.
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SOURCE Impact Capital Managers