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Reevaluating Philanthropy and Impact Investing with Antony Bugg-Levine
Like most aspects of society, impact investing and philanthropy have been profoundly unsettled by the coronavirus pandemic, requiring urgent responses and reevaluations of missions and priorities.
Since the massive economic upheaval caused by Covid-19 is likely to last well into 2021 if not longer, what does this mean for impact investors and philanthropists? What are their right roles and how are they changing to fill those roles? Where can mission-driven investments and philanthropic funding be most helpful? How can both philanthropy and impact investing respond to the disorder created by the virus by leveraging truly transformative solutions that will create a more sustainable and equitable world? How can they best support impact entrepreneurs in this time?
In this can’t-miss virtual fireside chat addressing these and other urgent questions, Impact Entrepreneur’s Laurie Lane-Zucker welcomes impact investing and philanthropy luminary Antony Bugg-Levine, who directed the Rockefeller Foundation’s pioneering development of the impact investing space, who co-wrote the first book on impact investing, and who currently is channeling tens of millions of philanthropic and impact investment dollars to pandemic-impacted organizations through his leadership of the Nonprofit Finance Fund.
Antony Bugg-Levine is CEO of the Nonprofit Finance Fund (NFF), where he oversees more than $352 million of investment capital and works with a range of philanthropic, private sector and government partners to develop and implement innovative approaches to financing social change, including the $37 million New York Covid-19 Response and Impact loan fund. A frequent speaker and commentator on the evolution of the social sector and global impact investing, he is the co-author of Impact Investing: Transforming How We Make Money While Making a Difference (Wiley, 2011).
Prior to joining NFF in 2011, Antony designed and led the Rockefeller Foundation's Impact Investing initiative and oversaw its Program Related Investments portfolio. He is the founding board chair of the Global Impact Investing Network and convened the 2007 meeting that coined the phrase “impact investing.” Previously, he was the country director for Kenya and Uganda for TechnoServe, an NGO that develops and implements business solutions to rural poverty. As a consultant with McKinsey, he advised Fortune 100 financial services and healthcare clients and helped develop frameworks for incorporating social dynamics into corporate strategy. He earlier served as the acting Communications Director of the South African Human Rights Commission and speechwriter for the African National Congress.
Antony holds a BA from Yale and a Master of Public Affairs in economic development from Princeton and has been an adjunct professor at Columbia Business School. He was a Young Global Leader of the World Economic Forum and named by Nonprofit Times in 2018 and 2019 as one of the 50 most powerful and influential people in the US nonprofit sector.
Laurie Lane-Zucker is Founder and CEO of Impact Entrepreneur, PBC, an impact economy business that hosts the Impact Entrepreneur Network — a large, global network of “systems-minded” entrepreneurs, investors, and scholars of social and environmental innovation — and editor and publisher of Impact Entrepreneur, a digital magazine covering the emerging Impact Economy. For over 30 years, Laurie has been a “pioneer” (Forbes) and recognized leader in sustainability, social enterprise, and impact investing. Laurie was the founding Executive Director of the international environmental organization, Orion Society, which publishes the celebrated Orion Magazine, as well as the founder of a global sustainability think-tank, the Triad Institute, and Hotfrog, a Founding B Corporation, GIIRS Pioneer Company, and the first company ever to complete an equity transaction on an impact investment exchange. Laurie is the bestselling and multiple award-winning publisher and editor of books and magazines on sustainability and social impact — having worked with such acclaimed authors as Wendell Berry, Barry Lopez, Terry Tempest Williams, and David James Duncan — and the author of numerous articles on entrepreneurship and impact investing. Laurie is contributing author of the recently published academic textbook from World Scientific, Sustainability: Business and Investment Implications (2023).