Hope Tarirai Mago, HCAP Partners is elected Chair of the Board of Directors of Impact Capital Managers, Inc.
NEW YORK, June 1, 2021 / PRNewswire / – Impact Capital Managers Inc. (ICM), a network of more than 65 private equity fund managers collectively representing more than 13 billion dollars capital focused on impact and investing for superior returns and meaningful impact, today announced that Hope Tarirai Mago, partner at HCAP Partners has been elected by network members as Chairman of the Board of Directors , starting the April 2021. Mago joins Brian Trelstad, Partner at Bridges Fund Management and President of the ICM Affiliate Institute, to lead the governance of ICM.
The mission of the ICM is to advance the performance of its members – collectively representing more than 13 billion dollars in impact capital – and to move the impact investing marketplace with integrity and authenticity. Recent development initiatives on the ground have included the Mosaic scholarship, the Legal Innovation in Impact Investing report and the Better Money, Better World podcast. Membership in the ICM is by invitation only and members must meet the association’s expectations for management and impact measurement.
“I am delighted with the growth of the ICM since the first conversations of a few funds in 2016. The network has recently gained momentum under the leadership of the Executive Director Marieke spence leadership, now with over 65 fund members all aligned on generating disproportionate impacts and returns, ”said Dave kirkpatrick, Managing Director of SJF Ventures and Past Chairman of the Board of ICM, Inc. “I am so happy that Hope has stepped up to help lead the association as President for its next growing season.”
HCAP Partners is an original founding member of ICM and has been instrumental in driving the growth and priorities of the association of funds. Hope has been with the company since 2009 and is currently a partner, responsible for the creation and diligence of investment opportunities, portfolio management and value creation. Since joining the company, he has led the development of impact investing initiatives that have resulted in the recognition of HCAP as an Emeritus 50 Impact Assets Fund and actively participates in thought leadership in the field of investment. impact investing. He is currently a member of the board of directors or actively involved in Arosa, CortiCare, TCS Healthcare Technologies and BetterNight. Prior to joining HCAP, Hope worked as an analyst at the Reserve Bank of Zimbabwe.
“I am delighted to be elected President as the ICM continues to play a leading role in scaling up the impact investing space. ICM was created to bring together general market rate fund partners deeply committed to impact investing and plays a key role in building knowledge and as a platform for members to share ideas, investment opportunities and best practices. Brian Trelstad of Bridges and ICM members to advance our goals as impact investors. I would also like to thank Dave for his leadership and guidance over the past few years. “
In addition to serving on the Board of Directors on behalf of the ICM, Hope is a member of the Advisory Board of Local Initiatives Support Corporation (LISC) San Diego, one of the largest nonprofit fundraising organizations in the country, which has deployed $ 232 million in the capital in San Diego low income communities. He is also a member of the board of directors of the Central San Diego Black Chamber of Commerce.
The Board of Directors of ICM, Inc. includes the general partners of member funds HCAP Partners, Bain Capital Double Impact, Bridges Fund Management, SJF Ventures, DBL Partners, Bronze VC, New Markets Venture Partners, Rethink Education, Arborview Capital, Small Business Community Capital, Achieve Partners and City Light Capital. Learn more at www.impactcapitalmanagers.com.
Executive Director, Impact Capital Managers
SOURCE Impact Capital Managers, Inc.