Mission Markets in Investment News Article on Impact Investing
An Investment News article entitled "Impact Investing is poised to experience growth surge" discusses the Mission Markets Platform and Impact Assets Global 50, an organization that introduces foundations and asset managers to opportunities in the impact-investing space. According to Ron Cordes, founder of Impact Assets Global 50, Mission Markets will serve as a resource for the asset managers on his platform. Here is a quote from the article:
"Mission Markets Inc., for example, has built a database of $300 million worth of offerings across 13 investments for wealthy investors. Launched in July, the platform offers private-placement investments in specific companies that fit the impact-investing category.
The platform is restricted to accredited investors, minimums start at about $25,000 and regulatory restrictions prohibit Mission Markets from identifying specific investments.
“There is a demand and the space is growing,” said Michael Van Patten, founder and chief executive of Mission Markets.
“We're seeing a macro shift away from the way people think about their investments. When you have a catastrophic financial event, people look more closely at what they're investing in.”
Mr. Cordes said that he thinks that the Mission Markets platform will serve as an investment resource for the asset managers on his Global 50 platform, which will also be restricted to investors who meet certain net-worth and income requirements.
Although experts don't expect to see an impact-investing registered mutual fund in the immediate future, the retail-class investor is being considered, according to Mr. Van Patten. He said that he hopes to roll out some state-regulated products for smaller investors early next year."
To read the full article, click here.
-The Mission Markets Team
Mission Markets operates transaction platforms facilitating transactions within the social and environmental capital markets. The Mission Markets investment platform provides companies and organizations with access to funding and impact investors an efficient way to evaluate, invest in and monitor sustainable investment opportunities.
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