Money And Meaning

“You’ll get no argument from me that there are sectors where moving institutional scale, finance-first money is what’s needed. Our argument is that in places where the market is not functioning, in places where markets have left people behind, that this kind of low-cost money is required in order to make a difference in the lives of poor, marginalized, vulnerable communities and we shouldn’t delude ourselves into believing that finance-first [impact investing] is a magic bullet.” On this episode of Money + Meaning, Alex Kravitz is joined by Greg Neichin, Director and Board Member of Ceniarth, the impact-first single family office of Diane Isenberg. Ceniarth’s investment strategy focuses on geographies and markets where commercial, finance-first investment is not realistic. Investments in these areas, primarily marginalized, rural communities, necessitates a meaningful tradeoff between impact and return. During the conversation, Greg talks about the evolution of Ceniarth's impact-first approach and the importa