If you could redesign society from scratch, what would it look like? How would you distribute wealth and power? Would you make everyone equal or not? How would you define fairness and equality? And here's the kicker: what if you had to make those decisions without knowing who you would be in this new society?
Social Finance & Impact Innovation
We deploy capital across the full spectrum, from grants to market-rate investments, directing resources toward the organizations and leaders shaping economies that serve people and planet. We find the best, resource them, and walk behind them.
Origins & Mission
What if we invested from the perspective that impact and capital can serve everyone?
How could we accelerate the use of capital toward a just and inclusive transition?
What would a future look like where all people had a true opportunity to thrive in place?
We work with proximate leaders, values-aligned capital allocators, and multinational institutions that are reimagining what finance can do in service of equity, innovation, and long-term prosperity. Together, we invest in designing the systems, tools, and ideas that move capital with purpose and build a future where finance fuels human potential, where economic utility reflects equity, and where capital systems unlock shared prosperity and generational strength.
What We Believe
There is no neutral. There is no "non-impact." There is only the choice of what kind of impact you are willing to own. Fiduciary duty and moral duty are complementary forces. They always were.
Think about what you do, every day, for the people you love. You invest in their health, their education, their safety, their sense of belonging. You think in generations. These are the assets that make all other assets possible. They compound invisibly, relentlessly, into futures you can already feel taking shape. We extend that same logic beyond our walls.
We define people and communities by their strengths and aspirations rather than by deficits alone. This is more than optimism. It is a strategic orientation that produces different questions, different partnerships, and different outcomes. Solutions that build on existing strengths integrate more naturally into markets and achieve scale more readily.
Financial sustainability, social impact, and environmental stewardship are complementary dimensions of any meaningful value proposition. We assess every activity on financial metrics and on social and environmental impact, recognizing that value creation spans multiple dimensions simultaneously.
This is patient, flexible funding that gives visionary organizations the runway to test ideas, refine models, and scale what works. Design capital accepts that the most important innovations often create the conditions that make countless future returns possible, even when they cannot promise returns on traditional timelines.
There are enough great ideas and organizations in the world. What the field needs is partners willing to find them, resource them properly, and then step back. We see ourselves as an amplifier and enabler of others' work, strengthening existing anchor institutions rather than replicating what already exists.
Our Approach
We provide design capital for field-building, moving fluidly from philanthropic to commercial depending on what each partnership requires. The orientation matters because it shapes every decision.
We deliberately partner with a small number of organizations at a time, choosing those with truly transformative potential. Real change takes time, so we commit to multi-year partnerships, providing mission/market critical capital and devoted attention through multiple cycles of growth and adaptation. These are intimate relationships that require deep mission alignment.
We structure funding to fit each partner's needs, combining instruments into a blended capital stack that matches their stage and ambition. This flexibility is essential because field-builders have diverse needs that rarely fit neatly into standard funding categories.
Organizations are selected because of their expertise and because they know more than we do. We listen and let them drive. Each team knows best what their partners and stakeholders need, so our role is to amplify their impact, provide strategic guidance, and open doors. We invest in amazing people and then go to work for our investments.
Our Principles
Proximity reveals what distance obscures. Context, relationships, and lived realities are how we find what others miss.
Dignity scales and deficit framing stalls. When we engage people through their assets, capabilities, and potential, we build pathways that hold.
Discipline, integrity, and humility are how you become first among equals in the rooms that matter.
Trust compounds faster than money. We say what we mean, do what we say, and invest in relationships that grow over time.
Conviction and care are how we find the overlooked corners of the market where real value lives. Love and empathy are strategic advantages, and we deploy them accordingly.
That use is unlocking freedom, expanding possibility, and compounding value across markets and generations.
When frontier and emerging communities are physically, emotionally, educationally, and economically whole, the roadmap for a joyful and resilient future unfolds for us all.
This is what we are building. This is who we partner with.
Ecosystem Investments
We deploy catalytic capital to mission-critical organizations that shape the field and create multiplier effects. A well-placed investment in field infrastructure ripples out to benefit countless other efforts.
Organizations that incubate and scale impact enterprises, providing the crucial early-stage support that transforms promising ideas into viable ventures.
Impact advisory firms, platforms, and organizations that structure deals and connect investors to opportunities across the ecosystem.
Institutions shaping the regulatory environment for social finance. A single policy change can open markets, protect innovations, or redirect billions.
Academic centers that develop talent and knowledge for the field, institutionalizing blended value principles and generating validating evidence.
Platforms that build community and narrative, attracting more champions and capital to the field and gathering the ecosystem toward action.
Standards bodies, impact audit firms, and analytics platforms that build trust, transparency, and efficiency across the ecosystem.
The Institute
SRF +Impact Fund serves as the capital formation platform for the Next Economies Institute. While the Fund deploys capital, the Institute generates the research, evidence, and talent that inform where and how that capital flows.
With university partnerships spanning the United States, United Kingdom, and Switzerland, the Institute operates at the intersection of rigorous inquiry and transformative practice, testing hypotheses before capital gets deployed at scale.
Applied research spanning finance, health, climate, policy, and equity, partnering with leading universities to generate evidence and inform investable solutions.
Collaborative environments merging faculty expertise, student energy, and practitioners to build and connect systems actors toward blended value designs.
Bridging academic innovation and real-world markets, transforming university research into ventures that address pressing social and environmental challenges and opportunities.
Design capital for the organizations that shape the field, from accelerators and policy hubs to measurement bodies and global convenings.
Fellowship programs and leadership development that enable people to see themselves as participants in building the economies of the future.
Focus Areas
Therapeutics, digital health, and healthcare delivery innovation, with emphasis on global health equity and accessible care models.
Decarbonization technologies, renewable energy, sustainable agriculture, circular economy solutions, and climate adaptation.
Fintech solutions expanding access to payments, credit, insurance, and wealth-building tools for underserved populations.
Learning technologies, workforce development, and educational infrastructure that expands human capability.
Water systems, energy grids, communications networks, food systems, and affordable housing.
Artificial intelligence, biotechnology, and advanced materials deployed in service of human benefit and equitable outcomes.
Partner With Us
We invite partners who share our conviction that field-building matters, who understand that the highest-leverage investments are often the least visible ones, and who recognize that patient capital for organizations shaping the field creates returns that compound across the entire ecosystem.
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