Based on the International Finance Corporation (IFC) estimations in 2020, the global market for Impact Investing reached up to $2.1 trillion in assets under management and that continues to grow.
Faye Walsh Drouillard, impact investor and co-founder of WakeUp Capital, will co-chair the syndicate and become the first female chair of a HBAN syndicate.
“Impact investing provides exciting financial potential for investors, while also enabling them to make a difference in the community and even the planet,”
says Walsh about the importance of this step.
“I am passionate about supporting entrepreneurs to drive real social and environmental change, and impact investing is central to this.”
Walsh has been involved with impact investing throughout her entire carrier and feels that by co-chairing the Impact Syndicate with highly experienced WakeUp Capital co-founder Mark Peters, they can facilitate growth in this area in Ireland. Besides helping sustainability start-ups scale, the syndicate also encourages angel investors to get involved.
At the All-Island conference, HBAN will host sessions focusing on impact investing and demystifying angel investment, which they hope will encourage existing and first-time angel investors to join their network and consider its Impact Syndicate.
Speakers at the conference include Marcia Dawood, chair of the Angel Capital Association in the US; serial entrepreneur Norman Crowley, founder of Crowley Carbon; and Loretta McCarthy, whose investor consortium Golden Seeds backs early-stage female-led businesses in the US.
HBAN (Halo Business Angel Network) is responsible for promoting business angel investment on the island of Ireland and a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland.
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