The RIN-CEO Social Impact Fund (SIF) closed a $1.5M raise in October, reaching its initial target. The SIF was launched in partnership with the International Rescue Committee’s Center for Economic Opportunity (IRC-CEO) to offer impact investors a unique opportunity to secure a concessional rate of return while directly supporting financial inclusion for hundreds of refugees across the United States.
In the News
Browse the Refugee Investment Network’s press, updates, and features.
As the Trump administration was building walls and new restrictions, impact investors and innovative humanitarians were creating a marketplace of financing solutions for migrants and refugees.
A team of NYU grad students adapted RIN’s refugee investing lens to design the first Refugee Exchange-Traded Fund, winning the 2020 Kellogg-Morgan Stanley Sustainable Investing Challenge.
RIN and the Economist Intelligence Unit convened a panel of experts to advise on the development of an indicator framework for the ROI.
Read the full meeting summary here.
In partnership with the Economist Intelligence Unit, the RIN is proud to announce the Refugee Opportunity Index. The ROI will shine a light on policy shortcomings and serve as a tool to incentivize policy reforms that support refugee economic integration and inclusive growth.
Fabiola Salman, Marcos Paya, and Sylvia Warren from Dalberg Advisors detail the opportunities for individuals, investors, and governments to collaborate to find solutions to the migration crisis in Latin America. With case studies focused on Mexico, the Northern Triangle and Venezuela, they examine the innovative enterprises and financial tools being used to improve the livelihoods of thousands of displaced people.
This Forbes interview with Thane Kreiner of the Miller Center for Social Entrepreneurship at Santa Clara University details the ways that the RIN works with incubators and accelerators to build the field of refugee investing. The Miller Center has a dedicated program for refugee entrepreneurs and is planning to have a second cohort of entrepreneurs in the near future.
This Euromoney feature on the RIN’s launch details the organizations initiatives, along with the work of its partners to find sustainable and durable solutions to the crisis of forced migration. RIN founder John Kluge is interviewed to discuss the Refugee Lens, as are Lev Plaves from Kiva and Kasra Movahedi from IRC’s Center for Economic Opportunity.
In this special report, Ipsos contributes to building a better global understanding of the benefits of welcoming refugees. Managing Directors John Kluge and Tim Docking co-author a chapter on Refugee Investing in this report on private sector involvement in solutions to global forced migration.
This Asia Times article outlines the application of private capital market tools to address funding shortfalls recommended under the new United Nations Global Compact for Refugees.
ImpactAlpha details the RIN’s efforts to match investable refugee-focused funds and ventures with investors. “Investors are already participating in refugee and migration deals,” John Kluge of the Refugee Investment Network told ImpactAlpha. “What is new and what is changing is that there are increasingly more investors doing this by design and intent.”
On World Refugee Day, RIN gathers investors, entrepreneurs, humanitarian leaders, and donors to bridge the gap between capital and refugee-owned or -supporting ventures.