ImpactAssets said in its year-end report out this week that it made 270 impact investments in 2024 totaling $387.5 million, with climate and social equity being top funding priorities.

The investor, with a 15-year track record of mobilizing capital for good, said its work spanned critical areas of need, furthering the organization’s mission to address existential challenges facing the planet and its most vulnerable communities.

“Our 2024 results reaffirm ImpactAssets’ role as a leader in driving significant capital toward the world’s most urgent challenges, in line with the continued growth of the impact investing market,” said Margret Trilli, CEO and CIO of ImpactAssets, in a press release announcing the 2024 results.

“Together with our clients, we mobilized nearly $400 million in a single year to fund impact investments across asset classes and impact themes — from climate change solutions to reducing systemic inequities. We see this thoughtful, high-volume investment activity as both a catalyst for transformative impact today and a signal of what’s possible for the impact investing industry of tomorrow,” she said.

More than $125 million of the total was dedicated to climate investments in 2024. The allocation included 100-plus targeted investments aimed at accelerating the energy transition and other climate solutions, including building resilience against the escalating climate crisis.

The investments ranged across asset classes from private debt to private equity to real assets, reflecting the organization’s ability “to leverage a variety of structures to address the root causes of social and environmental challenges and enable systems-level change,” Trilli said.

Additional 2024 highlights include:

• Private equity: ImpactAssets active portfolio of private impact investments grew to 1,200 investments at the end of 2024. The portfolio includes investments in funds and companies, both domestic and international.
• Energy transitions: The firm’s work included financing for community-based clean energy, such as Sunwealth Solar Justice Fund, which develops high-performance solar projects in low-income and disadvantaged communities – expanding access to clean energy and advancing local workforce development.
• Expanding equality: Over half of the dollars invested explicitly focused on equitable access and financial inclusion including investments like HOPE, a community development financial institution that works to meet the financial needs of individuals and families in the Deep South of the United States.

The fund also reported growth in three recently launched thematic impact funds – available through the ImpactAssets Donor Advised Fund – focused on addressing climate solutions, financial inclusion and equitable access to health and wellness, education and more. The funds collectively deployed $70 million in their first year.

“Partnership and collaboration are essential to addressing the complex, interwoven challenges of our time,” said Dana Cotter, managing director of impact.

“In 2024, we worked alongside visionary clients, fund managers, entrepreneurs, and other leaders to drive bold outcomes. By mobilizing private and philanthropic capital, we continue to prove that impact investing — in all its forms — can drive powerful change and progress for people and the planet.”

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. ImpactAssets has more than $3 billion in assets, working with purpose-driven individuals and their wealth managers, family offices, foundations, and corporations.

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