For the fifth year in a row, WaterEquity has been named one of the leading impact investment managers in the world, the International Association of Advisors reports.
WaterEquity focuses on providing access to safe water and sanitation for people in need around the world.
It has raised more than $350 million since its founding in 2016 and has reached more than 3.8 million people with access to safe water and sanitation in 16 countries, according to a press release.
“Our sole purpose has always been to build a sustainable, global capital market for safe water and sanitation that will directly reach 2 billion+ people in need,” says WaterEquity President Paul O'Connell.
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William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.â€