Happy New Year!
All of us at Impact Engine are wishing you a bright and impactful start to 2026. Here are some of our favorite articles we published in last year:
We were also excited to announce and share thoughts on our newest company investments in 2025:
Public Benefit Corporations have been around for years – for instance, here at Impact Engine we're incorporated as a PBC. But starting in 2019, the state of Delaware began granting licenses for a brand new fund structure designed to align financial returns with positive social impact, known as a Public Benefit Fund.
In 2022 we were proud to become one of the earliest adopters in this space, launching our second private equity fund as a PBF. Recently, Impact Alpha published a very informative guide to Public Benefit Funds, breaking down the key components of this fund format. We're excited to see how wider deployment and awareness of PBFs could help investors achieve both social and financial goals in the future.
NephroPlus, Asia's largest dialysis provider launched its IPO on India's National Stock Exchange and Bombay Stock Exchange. Quadria Capital, a fund investment of ours, secured a partial exit from NP, after assisting the firm in opening 110 new locations since its initial investment in May 2024. The company now serves 35,000 patients each year.
Measurabl, the real estate ESG analysis platform, announced the elevation of its President Maureen Waters to the role of CEO, while co-founder Matt Ellis will shift into Executive Chairman. Prior to joining the company in 2023 and overseeing some of its largest initiatives during expansion, Waters worked for over 20 years in commercial real estate and real estate asset management, including at Cushman & Wakefield and Bill Gates Investments.