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Robert Rubinstein Shaking Up Impact Investing

Robert Rubinstein identifies this conviction with the critically-acclaimed HBO drama The Wire, which has a theme of questioning authority. He compares his conference’s unwillingness to ‘play the game’ to the attitude of lead character Jimmy McNulty, the rebellious detective who was always willing to ask tough questions. “People do what’s right for them, instead of the right thing to do. That’s pretty much the essence of The Wire.” This attitude has remained an obstacle to getting investors excited about impact investing. “Everybody is still interested primarily in the financial returns. A small group of investors do focus more on impact first rather than returns, but they are a minority. The vast majority, when they invest, they want it to grow. They want a market-rate return.” Rubinstein’s task, and the task for all of the speakers at the TBLI Conference, is to enlighten these investors. Rubinstein focuses his attention towards asset owners and managers, making this a doubly daunting task. Read the full article by Jorge Newberry on Huffington Post