Omidyar Network

U.S. Impact Investing Alliance Names John Palfrey, President of the John D. and Catherine T. MacArthur Foundation, as Advisory Board Chair

Retrieved on: 
Thursday, June 8, 2023
Ford Foundation, Ford, MacArthur Foundation, Chair, Walker, Movement, Organization, Omidyar Network, MacArthur, Investment, Growth, Ecosystem, Airline, Renewable energy

NEW YORK, June 8, 2023 /PRNewswire/ -- The U.S. Impact Investing Alliance ("Alliance"), an organization dedicated to building the impact investing ecosystem, today announced that John Palfrey will serve as the organization's Advisory Board Chair, succeeding Darren Walker. Palfrey will be the third Chair of the Alliance, following Walker and Matt Bannick, former President of Omidyar Network.

Key Points: 
  • Palfrey will be the third Chair of the Alliance, following Walker and Matt Bannick, former President of Omidyar Network.
  • "The Alliance plays a critical role in building the scale and success of impact investing," said Palfrey, President of the John D. and Catherine T. MacArthur Foundation.
  • "It has been an honor and privilege to serve as the Chair of the U.S. Impact Investing Alliance," said Walker, President of the Ford Foundation.
  • "The Alliance and the entire impact investing movement owes a debt of gratitude to Darren Walker and the Ford Foundation," said Fran Seegull, President of the U.S. Impact Investing Alliance.

New Report Provides Insider Playbook to Unlocking Endowment Investments that Align with Mission and Generate Profits

Retrieved on: 
Wednesday, April 12, 2023
Learning, Ford, Foundation (nonprofit), Surdna Foundation, Mission, Omidyar Network, Ford Foundation, Social finance, MRI, McKnight Foundation, Magnetic resonance imaging, Climate change, Investment, A Practical Guide to Racism, Builder, Entrepreneurship, Management, Renewable energy

CHICAGO and BOSTON, April 12, 2023 /PRNewswire/ -- Builders Initiative and Social Finance today released a new report, "Breaking Barriers:A Practical Guide to Unlocking Foundation Endowments for Mission and Returns." Written for leaders of foundations, high-net-worth family offices, and their board members, the report identifies common barriers and opportunities associated with mission-related investments (MRIs). MRIs are impact oriented, often market-rate, investments made from a foundation's endowment to advance its mission.

Key Points: 
  • Written for leaders of foundations, high-net-worth family offices, and their board members, the report identifies common barriers and opportunities associated with mission-related investments (MRIs).
  • MRIs are impact oriented, often market-rate, investments made from a foundation's endowment to advance its mission.
  • This is one of several learning initiatives Builders Initiative is pursuing as part of its strategy to expand impact investing.
  • "This timely report helps foundations think beyond grants and carve-outs towards mission-related investments that yield financial, environmental, and social returns."

Meet the 10 Tech Startups in the Inaugural Geekz Ventures Pre-Accelerator

Retrieved on: 
Monday, March 27, 2023
We All Raise Our Voices to the Air (Live Songs 04.11–08.11), Database, Partnership, University, Kojo, BBC, Marketing, CWC, The Black Wall Street, Eye, Haiti, Statistics, Android, Spotify, Mentorship, Human, Multimedia, IP, History, Female, IOS, Omidyar Network, Data analysis, Shots Podcast Network, MD, Mobile technology, Emotional intelligence, MediaTech Institute, Growth, The Table, Summer, J. P. Morgan, Video game, Tutoring, Online shopping, Cryptocurrency, Retail, Publishing, Music, Black, Entertainment

ATLANTA, March 27, 2023 /PRNewswire/ -- US-based pre-accelerator Geekz Ventures has announced its class of 10 startups for its inaugural cohort program.

Key Points: 
  • ATLANTA, March 27, 2023 /PRNewswire/ -- US-based pre-accelerator Geekz Ventures has announced its class of 10 startups for its inaugural cohort program.
  • Geekz Ventures provides access to world-class mentors and coaches, peer-to-peer networking, and an equity-free grant with the possibility for follow-up funding.
  • Geekz Ventures program manager Brandon Wilkins said, "What's exciting me the most is being able to witness up-and-coming black-founded tech startups.
  • Geekz Ventures also provides an outlet for its entrepreneurs to work on their emotional health, professional relationships, and stress management.

eBay Inc. Announces the Addition of a New Director to its Board of Directors

Retrieved on: 
Thursday, March 16, 2023
Robotics, General partnership, Learning, Partner, Socially Useful Productive Work, EBAY, Work, EBay, Life, SAN, Strategic management, New York University Tisch School of the Arts, Sundance Institute, Sundance, Omidyar Network, Economics, The arts, Stella Maris College, Harvard Business School, Entrepreneurship, Auction, Management

SAN JOSE, Calif., March 16, 2023 /PRNewswire/ -- eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today announced the appointment of Shripriya Mahesh to its Board of Directors effective immediately. 

Key Points: 
  • Her expertise will be a great asset as we build an eBay for the future."
  • Shripriya currently serves on the Board of Directors of Turo, and she is also a trustee of The Sundance Institute.
  • "I am delighted to be joining the eBay Board of Directors," said Shripriya Mahesh.
  • Following this change, eBay Inc.'s Board of Directors will be composed of ten directors, nine of whom are independent.

Civic Nation Announces Launch of New Community-Based Leadership Initiative with Video from President Barack Obama

Retrieved on: 
Tuesday, February 28, 2023
Civic, Learning, Former, Curriculum, Fellow, Brookings Institution, Democracy, School, Mentorship, Growth, First Nations in Manitoba, United States Domestic Policy Council, Lumina Foundation, City, White House, Omidyar Network, MS, MI, Draper Richards Kaplan Foundation, Management, Mobile phone

WASHINGTON, Feb. 28, 2023 /PRNewswire/ -- Today, Civic Nation released a video message from President Barack Obama launching the organization's latest initiative, the Change Collective, a new leadership community created to connect, elevate and train local changemakers across the country. The Change Collective's vision is to reinvent civic life for the 21st century by investing in and supporting the next generation of emerging leaders who are bridging divides and driving change in their communities. Members of the Change Collective will have access to training opportunities, leadership development and a wide network of mentors both locally and nationally. 

Key Points: 
  • Members of the Change Collective will have access to training opportunities, leadership development and a wide network of mentors both locally and nationally.
  • The Change Collective will combat this issue by preparing the next generation of local leaders to build a more equitable, welcoming and inclusive democracy.
  • "It's a way to bring emerging leaders from different identities and backgrounds together, and help them build relationships and solve problems in their communities," said President Barack Obama.
  • The Change Collective will be housed at Civic Nation, a nonpartisan nonprofit with a mission to build a more inclusive and equitable America.

Park Square Capital joins Novata General Partner Advisory Committee to Advance ESG in Private Markets

Retrieved on: 
Wednesday, February 22, 2023
Environmental, Social and Governance (ESG), Other Professional Services, Data Management, Technology, Socially Responsible Investing, Finance, Accounting, Professional Services, Philanthropy, Environmental Policy, Environment, Fund Raising, Foundation, Software, Other Philanthropy, Data Analytics, Ford, S&P Global, Ford Foundation, Omidyar Network, Benchmarking, GPAC, Data collection, Park Square, ESG, Cryptocurrency, Eupithecia novata

Park Square Capital (Park Square), one of Europe’s leading credit investment firms with approximately $13 billion in assets under management, today announced that it has joined Novata’s General Partner Advisory Committee (GPAC).

Key Points: 
  • Park Square Capital (Park Square), one of Europe’s leading credit investment firms with approximately $13 billion in assets under management, today announced that it has joined Novata’s General Partner Advisory Committee (GPAC).
  • Novata , a public benefit corporation backed by the Ford Foundation, Hamilton Lane, S&P Global and Omidyar Network, is the leading ESG data management platform built for the private markets.
  • Park Square Capital is aligned with Novata in their mission to advance ESG data collection in the private markets.
  • “We are thrilled to have the opportunity to partner with Novata in support of their goal to enhance ESG data availability within private markets,” said Axel Wehtje, Partner and Chair of the ESG Committee at Park Square.

Wafra Inc. Joins Novata General Partner Advisory Committee to Advance ESG in Private Markets

Retrieved on: 
Tuesday, February 14, 2023
Environmental, Social and Governance (ESG), Alternative Energy, Security, Data Management, Energy, Legal, Technology, Finance, Consulting, Banking, Accounting, Professional Services, Philanthropy, Environment, Software, Other Philanthropy, S&P Global, Benchmarking, Omidyar Network, Wafra, Entrepreneurship, ESG, Ford Foundation, Data collection, GPAC, Ford, Management, Cryptocurrency, Eupithecia novata

Novata, a leading ESG data management platform built for private markets, today announced that Wafra Inc. (“Wafra”) is joining Novata’s General Partner Advisory Committee (GPAC).

Key Points: 
  • Novata, a leading ESG data management platform built for private markets, today announced that Wafra Inc. (“Wafra”) is joining Novata’s General Partner Advisory Committee (GPAC).
  • Wafra is a global alternative investment manager that invests across a range of alternative assets, including private equity, real estate and real assets.
  • Wafra is aligned with Novata in their mission to advance effective ESG data collection and monitoring in private markets.
  • “We are pleased to welcome Wafra, an industry leader in ESG, to the Novata GPAC,” said Alex Friedman, CEO and Co-Founder at Novata.

Mona Sutphen Appointed to Novata’s Board of Directors

Retrieved on: 
Wednesday, February 8, 2023
Environmental, Social and Governance (ESG), Alternative Energy, Security, Data Management, Energy, Technology, Finance, Consulting, Banking, Accounting, Professional Services, Philanthropy, Environment, Software, Other Philanthropy, S&P Global, UN, Biophysical environment, Government, Partner, Roger Clinton Sr., GPAC, Council, UBS AG, Omidyar Network, UBS, Ford Foundation, NYSE, SPGI, National Security Council (India), White House, Foreign policy, ESG, Policy, Ford, Social, International Rescue Committee, Data management, United Nations Security Council, Data collection, Social Security Government Pension Offset, Mona Sutphen, Strategy, Management, Eupithecia novata

Ms. Sutphen has spent over two decades at the intersection of the public and private sectors.

Key Points: 
  • Ms. Sutphen has spent over two decades at the intersection of the public and private sectors.
  • Ms. Sutphen serves on the Boards of Spotify, Unitek Learning, and is a Trustee for Putnam Mutual Funds.
  • “We are thrilled to welcome Mona to the Novata Board at a critical inflection point for ESG and for the company,” said Alex Friedman, Chief Executive Officer and Co-Founder of Novata.
  • “Novata has established itself as an industry innovator and leader in helping private market players understand the ESG implications of their investment activities,” said Ms. Sutphen.

Novata Announces Insight Partners to Join General Partner Advisory Committee to Advance ESG in Private Markets

Retrieved on: 
Tuesday, January 31, 2023
Professional Services, Finance, S&P Global, Benchmarking, GPAC, Omidyar Network, Ford Foundation, Senior, ESG, Ford, Insight Partners, Data collection, Cryptocurrency, Eupithecia novata

The leading ESG data management platform built for the private markets, Novata provides customers with a clear ‘on-ramp’ for selecting ESG metrics, painless data collection into a secure database, and data insights and analytics tools to inform investment decisions.

Key Points: 
  • The leading ESG data management platform built for the private markets, Novata provides customers with a clear ‘on-ramp’ for selecting ESG metrics, painless data collection into a secure database, and data insights and analytics tools to inform investment decisions.
  • The Novata GPAC, a group of the world’s leading private investment firms committed to ESG, provides critical guidance and recommendations to the Novata ecosystem on a range of ESG issues, including effective ESG measurement and benchmarking tools.
  • Insight Partners is aligned with Novata in their mission to advance ESG data collection in the private markets.
  • “Novata is committed to providing our clients with effective ESG data collection and benchmarking tools to increase transparency in the private markets,” said Alex Friedman, CEO & Co-Founder of Novata.

The Tipping Point Fund on Impact Investing (TPF) Awards $3.2 Million in Grants to 16 Organizations Working to Improve Data, Metrics and Measurement

Retrieved on: 
Tuesday, January 24, 2023
Benchmark, Private, Icebreaker, Social entrepreneurship, Sustainable Development Goals, Duke University, WBA, XBRL International, Scorecard, MFI, Oxfam, Investment, CDP, TPF, ESG, Benchmarking, Index, DEI, IEN, Disclosure, ISSB, Private sector, EFRAG, CASE, Collection, ETF, ABC, FSB, Omidyar Network, Digitization, EIB, Growth, Social, SPI, Universal, ANDE, Capitalism, Organization, Anti-racism, Senior, Global North and Global South, Renewable energy, Management, Risk management, Cerise

NEW YORK, Jan. 24, 2023 /PRNewswire/ -- The Tipping Point Fund on Impact Investing (TPF), a donor collaborative committed to creating and supporting public goods that are critical to the continued growth and fidelity of the impact investing market, today announced that it will award approximately $3.2 million in grants to a diverse cohort of 16 organizations. These organizations are working on a range of projects related to improving best practices for impact metrics and measurement and advancing the data infrastructure that is needed to scale the impact investing field with integrity.

Key Points: 
  • These organizations are working on a range of projects related to improving best practices for impact metrics and measurement and advancing the data infrastructure that is needed to scale the impact investing field with integrity.
  • "High-quality data and metrics are the foundation of well-functioning, efficient, and transparent capital markets," said Fran Seegull, Executive Director of the TPF and President of the U.S. Impact Investing Alliance.
  • "As impact investing continues to grow in scope and scale, so too must the tools and frameworks used to assess impacts across a range of environmental, social, and economic factors."
  • Icebreaker One – Icebreaker One will develop and improve the data infrastructure and practices for sharing impact investment data.