Toronto-based clean capitalism media company closes investment round to launch capital markets division
Toronto-based clean capitalism media company closes investment round to launch capital markets division
Vancity's role
Community Capital is part of Vancity's Community Investment division, which provides growth capital to profitable high-impact BC based businesses, social enterprises, social ventures, and not-for-profit organizations. The Community Capital team develops alternate forms of business financing - lending and equity investments that are designed to drive social and environmental impact to help communities thrive.
TORONTO (November 16, 2011) - Corporate Knights Inc, Toronto-based publisher of Corporate Knights magazine, which is distributed as a quarterly insert in the Globe and Mail and Washington Post, announced this morning at the Toronto Stock Exchange market open that it closed an investment round with a prestigious group of investors, led by Vancity Community Capital.
This private investment will allow Corporate Knights Inc. to launch a new division, Corporate Knights Capital, which will leverage Corporate Knights rankings to create a global suite of clean capitalism- themed passive investment products tailored to meet large investor needs.
Corporate Knights will be underpinning its expansion with a team of executives with deep industry experience, including Tyler Hamilton (Editor-in-Chief, Corporate Knights Inc.), Doug Morrow (Vice President, Research, Corporate Knights Capital), Susan McLean (Senior Advisor, Corporate Knights Capital), Dianne Hadad (Chief Marketing Officer, Corporate Knights Inc.), and Nicholas Parker (Chairman, Corporate Knights Inc.). Corporate Knights Inc. co-founder, Toby Heaps, will move into the role as CEO of Corporate Knights Inc.
More information
- Read the full press release.
- Article courtesy of:
Don Huff, Environmental Communication Options, 416-972-7401, huffd@ecostrategy.ca