Elon Musk’s SpaceX is sponsoring an open competition, geared toward university students and independent engineering teams, to design and build pods for the Hyperloop, his futuristic transit system.
Billionaire John Paulson’s hedge funds gained in April after successful wagers on energy, mergers and Greek banks.
Howard Buffett, a son of the second-richest man in the U.S...
Funds that focus on impact investing have enjoyed dramatic growth in recent years, with 69 percent having been launched since 2009, compared with just 13 percent before 2006, according to a new study.
BlackRock Inc., the world’s largest money manager, hired Deborah Winshel to run a new unit dedicated to impact investing.
The World Economic Forum has a message for wealthy families thinking about impact investing: Don’t buy on the buzz.
Bank of America's Global Wealth and Investment Management signed the United Nation's Principles for Responsible Investment.
Socially responsible investment assets in the U.S. have grown 76 percent over the past two years, constituting a $6.57 trillion sector at the start of 2014, according to a new report.
After two years of research, however, the authors of a new book say they've identified a dozen funds that stand out in terms of both their impact on society and their financial performance.
Disaster relief groups say donations often dry up well before their work is done.
Impact investors have access to a growing array of tools for efficiently locating early-stage, private direct investments, according to a sector consultant.
New York Times columnist Nicholas Kristof says impact investors need to accept the fact that doing environmental or social good may come with a cost: reduced investment performance.
The foundation tied to the Rockefeller family, heirs to the Standard Oil fortune, today announced it’s joining other companies and institutions in exiting coal and tar sands investments.
A new Web portal offers advisors and investors a clearer entry into the world of community development finance institutions (CDFIs).
Endeavor Global has launched the Catalyst Fund, which will provide services and mentoring for entrepreneurs who have shown they can create jobs in developing markets.
The Nia Global Solutions separately managed account invests in narrowly focused firms whose sole purpose is to solve intractable environmental or social problems.
Sustainable and responsible Investing has moved out of the shadows to become a core concern of young, wealthy investors, according to research by Calvert Investments.
For all the grandeur and wealth on display at his Palladian villa, Munib R. Masri says he’s committed to improving the lot of his fellow Palestinians -- economically as well as politically.
Impact investing seems to be edging out traditional “socially responsible investing” in attracting the investment dollars of ultra-high-net-worth investors, according to new research and industry...
Community Capital Management's mutual fund will dedicate $100 million of its fund assets for Hurricane Sandy recovery and rebuild projects.