Leaders in Impact Investing, Aspen Institute, Prudential Financial to Co-Host Impact Investing Summit, “Toward a New Capitalism”

February 20, 2020

Events to explore impact investing as a catalyst for change in capital markets and commemorate Prudential’s $1 Billion impact investment milestone  

Contact: Jon Purves
Senior Media Relations Manager
The Aspen Institute
Jon.Purves@aspeninstitute.org | 202 736-2111

Caitrin O’Sullivan
Director, Global Communications
Prudential Financial
Caitrin.OSullivan@prudential.com | 732-718-7867

 

Washington, DC, February 20, 2020 – Impact investing and the future of capitalism will be the focus of a series of events on Thursday, February 27 anchored by a half-day summit, Toward a New Capitalism: Investing in Innovation, Impact & Inclusion, co-hosted by the Aspen Partnership for an Inclusive Economy (APIE) and Prudential Financial, one of the first institutional investors to grow and manage a $1 billion AUM impact portfolio. The summit will bring together more than 200 key investors, influencers, and innovators to examine how impact investing has been a catalyst for change in capital markets, and where the field needs to go next to help drive greater financial security and more deeply shared prosperity in a rapidly changing economy.

Aspen Institute President and CEO Dan Porterfield and Prudential Chairman and CEO Charles Lowrey will open the summit. Speakers include Kimberly Adams, Marketplace correspondent; David Bank, CEO and editor of ImpactAlpha; Marla Blow, Senior Vice President, North America, at the Mastercard Center for Inclusive Growth; Ellis Carr, President and CEO of Capital Impact Partners; Jean Case, Chairman of the National Geographic Society and CEO of the Case Foundation; Audrey Choi, Chief Marketing Officer and Chief Sustainability Officer of Morgan Stanley; Cathy Clark, Faculty Director at the Center for the Advancement of Social Entrepreneurship (CASE); Stephen DeBerry, Founder and Managing Partner at Bronze Investments; Andrew Kassoy, Co-founder and CEO of B Lab; Wes Moore, CEO of Robin Hood; Jim Shelton, Chief Investment and Impact Officer at Blue Meridian; Debra Schwartz, Managing Director for Impact Investments; and Martin Whittaker, founding CEO of JUST Capital. Ommeed Sathe, Vice President and Head of Impact & Responsible Investing, Prudential Financial, Inc., will be the closing speaker.

Summit Overview

WHO:               Aspen Institute and Prudential Financial

WHERE:            Willard InterContinental Hotel

WHEN:             Thursday, Feb. 27, 2 p.m. – 5 p.m.

WHAT:              Financial security and shared prosperity will be the driving themes during an afternoon of one-on-one interviews, roundtables and panels.

  • Interactive discussions and panels will feature leading global national and local impact investing experts; they will address transforming how markets function in the face of growing inequality; next generation finance and new tools on the horizon; investments in local communities; and a conversation centered on the theme of “inclusion as disruption.” The full agenda and speaker line-up can be viewed here: www.aspeninstitute.org/events/toward-a-new-capitalism-investing-in-innovation-impact-inclusion/
  • The summit will be followed by an evening reception at the Smithsonian National Museum of African American History and Culture to celebrate Prudential’s $1 billion impact investing milestone.

This convening is part of a bold commitment by the Aspen Institute and its partner networks, through APIE, to accelerate the creation of a more inclusive economy. The 2020 Aspen Ideas festival, which takes place July 24–July 3, will feature a New Capitalism track to further collaboration, spark new thinking and innovation.

FOR PRESS:

  • Press are invited to apply to attend and cover this event. Please contact Jon Purves with the Aspen Institute: Purves@aspeninstitute.org by Monday, February 24 to RSVP. Footage from the panel conversations will also be available online on a livestream.
  • Follow and join the conversation on Twitter @AspenInstitute and @Prudential using #NewCapitalism.

About the Aspen Institute
The Aspen Institute is a global nonprofit organization committed to realizing a free, just, and equitable society. Founded in 1949, the Institute drives change through dialogue, leadership, and action to help solve the most important challenges facing the United States and the world. Headquartered in Washington, DC, the Institute has a campus in Aspen, Colorado, and an international network of partners.

About Prudential Financial
Prudential Financial, Inc., a financial services leader, helps customers grow and protect their wealth through life insurance, annuities, retirement-related services, mutual funds and investment management. Founded on the belief that financial security should be within everyone’s reach, Prudential has been a pioneer in impact investing and is one of the first institutional investors to build a  $1 billion portfolio of investments that combines both social and financial return.

The Aspen Partnership for an Inclusive Economy (APIE) aims to build an economy that enables all people and communities around the world to thrive. Anchored by a $26 million investment from the Mastercard Impact Fund, APIE develops bold new proposals from experts across Institute programs and networks; mobilizes leaders across sectors to advance integrated strategies for inclusive growth; and convenes thought leaders and change makers to drive solutions and impact.

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