Impact Investment Exchange Asia (IIX) introduced its plans to create Asia’s first social stock exchange at SoCap09, the pioneering global conference for the social capital markets held September 1-3 in San Francisco.
More than 800 delegates representing all aspects of the emerging social capital markets attended the conference. They included social venture capitalists, foundations, investment advisors, social enterprises, community organizations and government agencies. Sonal Shah, who was appointed this year by US President Barack Obama as director of the newly created White House Office of Social Innovation, gave the keynote address.
IIX Managing Director Robert Kraybill discussed the company’s plans in a panel on social stock exchanges, which was moderated by Tamzin Ratcliffe, founder of the Global Federation of Social Investment Exchanges. The panel also included IIX’s partner Mark Campanale of the Social Stock Exchange Ltd. in London, Michael van Patten of NeXii, and Ines Tofalo of UNDP’s Special Unit for South-South Cooperation. After a great deal of interest and a lively discussion, panellists followed up with a “participant-led session” on the third day of the conference, which allowed them to explore the issues around establishing a social stock exchange in more detail.
The conference was a great opportunity to get the message out about IIX and to meet and connect with many of the important players in the social capital markets ecosystem. We came away from the 3-day event more convinced than ever about the power of impact investing and the prospects for its continued rapid growth.
You can learn more about SoCap09 at www.socialcapitalmarkets.net
See an interview with Antony Bugg-Levine of The Rockefeller Foundation on Impact Investing and SoCap at http://www.youtube.com/socialcapitalmarkets#play/favorites/1/9n63cmChhJw