Lessons for harnessing the power of catalytic capital from a growing community of practice

For catalytic capital investors, the need for a global community to share, learn and collaborate has never been greater, writes Debra Schwartz, managing director of impact investments at the MacArthur Foundation. She describes the underpinnings of C3 Learning Labs, which have brought together seasoned investors to discuss challenges and opportunities for the field. “In all of these discussions, we recognize that there are no absolutes, no silver bullet approaches or solutions, and no clear cut, accepted wisdom,” she says in a blog for Impact Alpha. “There are, however, decades of experience that have generated meaningful successes, as well as deals that took an unexpected or unfortunate turn. In short, there is abundant expertise, insight, and advice from which other investors, new and old, can learn.”