October 17, 2018
Good Returns and Inverdale Capital Management Surpass $10 Million in Guarantee Program for Impact Investors
Dallas, TX – October 17, 2018 – Good Returns, the Dallas-based hybrid social enterprise whose unique philanthropic model for businesses helps create sustainable social impact, and Inverdale Capital Management, an asset management firm focused on alternative investments, today announced that they have raised more than $10 million in funding for their Guarantee-Investment-Values Strategies (GIVS).
GIVS provide guarantee capacity for impact lending programs and also target a financial return for participating investors. The capital provides a backstop for the Good Returns Cycle program, which creates impact by providing funding for organizations that address social issues. Investors in GIVS designate a portion of their managed assets to serve as collateral for Good Returns impact loans, while the assets remain continuously invested throughout the Cycle.
“We’re incredibly pleased with the high level of interest that GIVS have received in the impact investment community,” said Ryan Small, Managing Partner at Inverdale Capital Management. “This interest demonstrates that many investors are aligned with our belief that social impact can go hand in hand with strategies that target financial returns.”
Since the launch of GIVS in May 2018, Good Returns has initiated four new domestic and international Cycles. These Cycles have advanced women entrepreneurs and provided scaling capital for impact programs that focus on key areas of need, including poverty, education and health, among others.
“Our GIVS impact investment guarantee program has made it possible to offer companies the opportunity to participate in Good Returns Cycles that are much larger in both impact and scale,” said Kyle Lukianuk, President of Good Returns. “Good Returns can now help many more companies deploy sustainable capital for good.
More impact organizations will get the resources they need to fulfill their missions, and in doing so, more lives will be improved around the world.”