Jacqueline Novogratz

In the past ten years, and Jacqueline Novogratz has brought moral leadership to a marketplace that is in desperate need of it: finance.

Philanthropy is a component of what Acumen Fund does, sales but it doesn’t capture its essence. At the core of Jacqueline’s work with Acumen is the notion of “patient capital,” long-term investments from entrepreneurs scaling new businesses in impoverished regions, which fundamentally improve and save lives. Jacqueline learned early in her finance career that money could be about much more than acquisitiveness or greed. If properly directed and administered, capital can help human beings surmount the obstacles around them and prosper, to feel a sense of hope and pride. But what she is talking about has little to do with traditional charity.

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