Pioneered by Growth Capital Aggregation Pilot: Edna McConnell Clark Foundation
Developed concept Nancy Roob
Start Date 2015-00-00
Notes She also pioneered a form of coordinated, collaborative investment called growth capital aggregation, which in eight years leveraged $155 million of EMCF’s own funds to help 16 grantees secure nearly $487 million in additional private and public funding. The 2015 launch of Blue Meridian Partners opened a new chapter in the evolution of this investment approach. In 2017, Nancy spoke to TedX about her hope that Blue Meridian’s performance-based investments of up to $200 million will revolutionize giving and create “a new normal” for philanthropy.
Updated over 6 years ago