Kellogg, Chicago Booth to Co-Host Impact Investing Summit this June
The Kellogg School of Management and the University of Chicago Booth School of Business will team up next month to host the first-ever Impact Investing Summit (iiSummit). The new summit will focus on the ways that the growing impact investing industry helps pair social and environmental impact with investment vehicles designed to attract mainstream investors.
The iiSummit, which will take place on Monday, June 13th, is expected to draw national experts in the field of impact investing. It also supports the current efforts of the U.S. Secretary of State’s Global Partnership Initiative (GPI), which in 2010 launched a new initiative to encourage corporations to direct investment toward social and environmental impact in underserved markets.
“The Midwest is generating novel for-profit ventures that are creating both social and financial returns but require growth capital,” Linda Darragh, clinical professor and director of entrepreneurship programs for the Polsky Center for Entrepreneurship at Chicago Booth, said in a statement. “But we can no longer rely on philanthropy alone. Impact investments are the fuel needed to grow this new class of ventures that will better our society and environment,” she continued.
The iiSummit will draw together institutional investors, high net worth individuals, private foundations, USG representatives and investment practitioners for a range of lectures and panel discussions examining topics including successful investment models, social innovation and policy and social impact trends in the Midwest.
“The iiSummit aims to further this discussion by educating the investment community about how to harness private capital in the Midwest and direct these resources for social and financial return,” Jamie Jones, associate director of the Social Enterprise at Kellogg (SEEK) program at the Kellogg School, said in a statement. “This is an ideal time to bring impact investing and new investment models to the forefront of the business community, especially here in Chicago,” Jones added.
For event details and a list of invited speakers, click here.