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ImpactAssets has zeroed in on cKers Finance as part of its discovery of some of the globe’s most impactful investment managers. Over the last 4 years, cKers Finance has been rapidly making inroads into financing new segments that enable the sustainable energy transition and sustainable mobility transition in India.
This year marks the eleventh edition of the IA 50, which now includes the IA 50 Emerging Impact Managers list and IA 50 Emeritus Impact Managers list. Across all three categories,143 impact fund managers reported assets totaling $116.96 billion invested in a range of asset classes and impact themes.
“We’re excited about this year’s IA 50, with its dramatic expansion and diversification of impact fund managers across a spectrum of strategies, geographies and investment targets,” said Jed Emerson, ImpactAssets Senior Fellow, IA 50 Review Committee Chair and Global Lead, Impact Investing with Tiedemann Advisors. “This group of managers reflects the intentionality of our manager selection process, to provide investors with a resource that shines a light on the breadth and diversity of impact fund managers. These managers bring unique and informed perspectives to the challenges that impact investing is addressing.”
“We look forward to working with asset owners and asset managers that are keen to deploy capital in India as well as catalyze a positive environmental impact,” shared Pawan Mehra, Director and CIO of cKers Finance. “We are thankful to the IA50 Review Committee for examining our impact and endorsing its scalability.”
cKers Finance is actively working with impact investors to extend investment into sustainability-linked segments in India because of its specialized focus. It has raised and deployed funds from impact investors in the US and impact focused financiers in India.
“Over the last few years, we have developed underwriting frameworks in several sustainability-linked segments and built data around risk metrics,” added Jayant Prasad, Executive Director of cKers Finance. “This has helped us create specialized financing products in SME (Small and Medium Enterprise) led segments. In the current quarter, we have financed decarbonization of last-mile delivery, residential solar rooftops and industrial water reuse.”
In addition to Emerson, the IA 50 Review Committee is comprised of impact investment experts and leaders, including Lauren Booker Allen, Senior Vice President, Impact Advisory, Jordan Park Group; Mark Berryman, Managing Director of Impact Investing, The CAPROCK Group; Ronald A. Homer, Chief Strategist, Impact Investing, RBC Global Asset Management (US) Inc.; Jennifer Kenning, Senior Advisor, IA 50 Review Committee and CEO & Co-Founder, Align Impact; Karl “Charly” Kleissner, Ph.D., Co-Founder of Toniic and KL Felicitas Foundation; Justina Lai, Chief Impact Officer and Shareholder, Wetherby Asset Management; Andrew Lee, Managing Director, Global Head of Sustainable and Impact Investing, UBS Global Wealth Management; Tony Lent, Co-Founder, Capital for Climate; Malaika Maphalala, CPWA® Private Wealth Advisor, Natural Investments, LLC; Cynthia Muller, Director of Mission Investment, W.K. Kellogg Foundation; Rehana Nathoo, Founder & CEO, Spectrum Impact; Stephanie Cohn Rupp, CEO and Partner, Veris Wealth Partners; Liesel Pritzker Simmons, Co-Founder and Principal of Blue Haven Initiative; and Margret Trilli, CEO and CIO, ImpactAssets.
The ImpactAssets Investment team led by Kartt conducted the application scoring and analysis process, and collaborated with Align Impact on fund analysis.