"The positive power of capital" is the slogan of the giant emerging markets private equity firm Actis. For all the justifiable criticism of unfettered global capitalism, private sector investment remains the most effective means of driving economic growth.
Earlier this year, we were fortunate enough to have two wonderfully professional and hard-working volunteers, Paul Fletcher and Swarupa Pathakji, join us through a programme managed by the excellent Edinburgh-based organisation Challenges Worldwide. Paul's principal assignment was to study five original AAC investees from the date of investment, with a view to assessing their prospective financial returns and the impact that each investee has had on its stakeholders to date, and publish the findings.
The publication is available through the Pearl Capital website www.pearlcapital.net/new_impact_investment.html and is well worth a read, especially by anyone who doubts the positive power of capital to create wealth and opportunity.