Sunwealth Named to 2024 ImpactAssets 50 (IA 50) From a Record Number of Applicants

 

Our 238 kW solar project at United Cerebral Palsy Central California in Fresno, CA. Founded in 1954, UCPCC provides services to over 1,100 individuals with disabilities.

ImpactAssets, an impact investing trailblazer with a decade-plus track record of mobilizing capital for good, has named Sunwealth to its IA50 2024. The ImpactAssets 50™ (IA 50) 2024 is a free publicly available, searchable database of impact investment fund managers globally. It is Sunwealth’s fourth consecutive year being named to ImpactAssets’ annual list.

The IA 50, now in its 13th year, is designed to offer a simple way to identify experienced and emerging impact investment firms and explore the landscape of potential investment opportunities across diverse impact areas, maturity levels and geographies. This year’s list highlights impact investing industry maturation, as growing number of funds link manager compensation to impact.

This year’s list is composed of 155 impact fund managers selected from an unprecedented 343 applications, a submission volume that is 15% higher than last year. This growth signals increased interest in the IA 50, alongside expansion and maturation of the impact investing industry at large. The increasing traction also points to a broader shift that embraces impact investing’s critical role in shaping a sustainable future.

"Year after year, the IA 50 stands as an essential guide for everyone in the financial ecosystem — from individual investors to global corporations — enabling them to discover and engage at the forefront of impact investing,” added Malaika Maphalala, CPWA®, IA 50 Review Committee Member, and Wealth Advisor and Trust Steward, Natural Investments PBLLC. “The database encapsulates the pulse of the industry, providing a snapshot of the firms poised to make a significant difference through their investments.”

In addition to Malaika Maphalala, the ImpactAssets IA 50 Review Committee includes a distinguished group of investors, managers and practitioners who are recognized as trailblazers and authoritative experts in the field.

Sunwealth is deeply grateful to be included among so many other impactful fund managers and recognized by such a valued impact investing leader.

 
 

About ImpactAssets:

ImpactAssets is an impact investing trailblazer dedicated to changing the trajectory of the planet’s future and improving the lives of all people. As a leading impact investing firm, ImpactAssets offers deep strategic expertise to help its clients define and execute on their impact goals. Founded in 2010, ImpactAssets increases flows of money to impact investing in partnership with its clients through its impact investment platform, philanthropic solutions, and field-building initiatives, including the IA 50 database of private debt and equity impact fund managers. ImpactAssets has more than $3 billion in assets, working with purpose-driven individuals and their wealth managers, family offices, foundations, and corporations. ImpactAssets is an independent 501(c)(3) organization.

About Sunwealth:

Sunwealth is a clean energy investment firm working to change who has access to renewable energy by changing the way we invest in it. Combining deep experience in solar development and finance with roots in community and impact investing, Sunwealth invests in commercial solar projects; delivering clean energy and energy savings to communities while providing strong financial returns to our investors and partners. Since 2014, the company has invested over $194 million in more than 646 community-based solar projects nationwide; the company has delivered targeted returns to investors for 9 years with no defaults. For four consecutive years, Impact Assets named Sunwealth to its IA50, a leading list of impact fund managers; Environmental Finance awarded Sunwealth its 2023 Award for Innovation – Bond Structure (Social Bond) and named Sunwealth’s Solar Impact Fund its ESG Fixed Income Fund of the Year.

 
Jon Abe