Social impact investing has gained a lot of traction in recent years, with a sustainable global investment market estimated to exceed $13 trillion in 2014. And the market's participants vary widely.
Not surprisingly, they include investment giants such as Goldman Sachs, JP Morgan, and BlackRock. These businesses have established social impact investing units, serving clients from the largest foundations (the pioneers in new impact investment tools and approaches to grant making) to small family offices that are just beginning to explore best practices.
But NGOs and other nonprofits are also fueling the trend, with notable success. Many have provided micro loans and multiple other forms of capital to small or startup entrepreneurs, and some have supported new enterprises with capacity building, talent recruitment, links to private investors, and access to markets.