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Water Quality Platform Backed by KKR and XPV Water Partners Unveils Axius Water Brand and Appoints Two Industry Experts to Board of Directors
February 18, 2021 GMT
BOSTON (BUSINESS WIRE) Feb 18, 2021
Axius Water, the leading water quality solutions platform created by KKR and XPV Water Partners to address pressing water quality challenges across the globe, today unveiled its new corporate name and announced the appointment of Gretchen McClain and Debra Coy to the Company’s Board as Independent Directors.
Axius Water is the new name for the platform established by KKR’s Global Impact Fund and XPV Water Partners in December 2019 with the foundational acquisitions of Nexom and Environmental Operating Solutions, Inc (EOSi), and the subsequent acquisition of Environmental Dynamics International (EDI) in June 2020. The platform is led by veteran executive Chris McIntire who joined Axius
Alquity assures transparency on impact fund Feb 02, 2021 By Funds Europe
Asset manager Alquity, an emerging markets specialist, is launching a global equity impact fund focusing on ESG metrics of the companies it invests in.
The quant-driven Global Impact Fund uses companies’ ESG metrics and their contribution to the Sustainable Development Goals (SDGs).
Alquity recently announced a strategic partnership with East Capital Group and a capital raise by Martin Gilbert (pictured), a well-known former chief executive in asset management.
Marnie Aragon-Uy, global head of quantitative strategies at Alquity, manages the fund and said there would be transparency surrounding the firm’s impact.
Martin Gilbert-backed Alquity unveils first global impact fund
Last month Aberdeen AM founder financially supported the emerging markets boutique
Martin Gilbert-backed emerging market boutique Alquity is making its first foray into global equities with the launch of the Global Impact Fund.
The fund, which launched on 28 January, will invest in companies committed to producing high quality products and services that have a positive sustainability, societal and environmental impact.
It will be managed by global head of quantitative strategies Marnie Aragon-Uy.
The fund’s screening process has a particular focus how companies contribute to the UN Sustainable Development Goals and decarbonisation.
32 Nonprofit Leaders Who Will Impact the World in 2021
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According to Guidestar there are approximately 1.8 million recognized 501(c)3 organizations based in the United States. The Stanford Social Innovation Review notes these organizations account for 5-10 percent of the United States’ economy and about 10 percent of U.S. employment.
Since 1998, annual revenues from nonprofit organizations in the U.S. has been rising nearly every year. Statista shows a steady increase in annual revenues from $1.04 trillion in 1998 to $2.62 trillion in 2016.
Nonprofit organizations are a crucial part to not only the U.S. economy, but also to our global economy. It’s inspiring to see so many talented and dedicated leaders leap into the nonprofit sector to enhance giving into the modern era.