Impact Investments and Raising Capital From Public Pensions

I was asked to speak yesterday to a working session of Impact Capital Managers, a network of private capital fund managers, on the topic of raising money for new investment funds from public pensions - 'capital raising'. The session was moderated by Mike Hokenson of Community Impact Management, and also included Tazia Smith of Closed Loop and Erin Molloy of Rethink Capital Partners. Since 2008,  I worked with two carbon market funds ('08 - '12) before joining Equilibrium and working on capital raising for seven real asset investment funds at Equilibrium. Real assets refers to physical, tangible investments, like real estate, land and forest / timber, infrastructure, and natural resource commodities like oil and gas and renewable energy structures. At…