Our investment themes include the following (by region):

• Biotech/Health care (Global South)
  At least half of the world’s population does not have access to essential health services. Each year, families fall into poverty due to healthcare expenses. We invest in fund managers who leverage technological innovation and new delivery mechanisms to increase access to healthcare products and services for low-income and underserved populations.
• Diverse fund managers (U.S., Global South)
  In the U.S., women and people of color manage only 1% of the $71 trillion in assets under management. Studies show that investment firms led by women and people of color perform as well as or better than firms led by white men. Such funds are also more likely to allocate capital to more diverse companies and donate to underserved, racially diverse communities. By prioritizing funds with diverse fund managers, our investments build a stronger, more inclusive economy.
•  Financial inclusion (Global South)
  Economic prosperity depends on access to affordable financial services. We invest in fund managers working to help billions of low-wage earners in the Global South access affordable financial products and services. Our primary focus is supporting fund managers who can identify and scale up companies through sustainable fintech solutions.
• Multi-family, affordable rental housing (U.S.)
  Millions of low-wage earners struggle to pay rent and live in communities with scant opportunities. We invest with fund managers to develop and preserve affordable, high-quality rental housing that will provide stable homes for low- and middle-income earners and financial returns for investors.
• Quality jobs (U.S.)
  Technological advances, globalization, and private equity models designed to generate short-term profits have led to lower wages, fewer benefits, and reduced opportunities for upward mobility. We invest in private equity fund managers dedicated to human capital investment and operational design that considers people. We believe that if we want to improve job quality, operational productivity, and bottom-line performance, we must increase the number of sustainable companies that treat employees as investments rather than expenses.
• Impact measurement (U.S., Global South)
  Impact investing is on the rise, and as more investors are seeing the benefits of striving for a more inclusive form of capitalism, the need for relevant tracking and data on this progress is becoming increasingly important. We believe that by supporting the broader impact investing sector and helping to build out ways to streamline high-quality and reliable data, we can spur meaningful change and a more just economy.