Aashna: Thanks for having me, Spiffy! The Nuveen Private Equity Impact team seeks to address the defining global challenges of our time: climate change and inequality. Our goal is to scale companies that are driving an inclusive transition to a low carbon economy globally, while also achieving strong returns for our investors. We target innovative businesses that reduce waste and emissions, use resources in a circular manner, and/or expand access to basic products and services for underserved consumers, especially financial services. The broader Nuveen platform has been a pioneer in impact investing, with a long track record of driving strong financial results and a positive influence for society’s pressing problems.
Esmeralda: Communitas America serves the Bronx, in New York City, by supporting local changemakers that help build neighborhood wealth, advance local empowerment, and enable upward mobility. This creation of wealth for under-represented groups, in turn, can be reinvested in local businesses and the community in a virtuous loop that improves access to goods and services, creates jobs, revitalizes neighborhoods, and builds a more solid economic foundation.