Adasina Social Capital

In the aftermath of last week’s U.S. presidential election, we want to acknowledge that many of us are feeling real pain, confusion, and fear – including fresh wounds from damaged relationships in just about every family and every community. As a firm whose approach is grounded in intersectionality, we cannot ignore the role that racial, gender, economic, and climate injustice played in the results. Normally our function is to mobilize our community to action. After all, our work together just got orders of magnitude more critical, and the urgency of our work together is acute. At the same time, although it may seem paradoxical, it is also true that we need not jump to action this very instant. Over the months and years ahead, we anticipate many challenges will demand our urgent and disciplined attention. Those moments will require us to be rested and ready to act in community, to build a more just, healthy, safe, and prosperous future together. For those of you ready to act right now to advance social justice, we offer some ideas below. You can trust that we will share more calls to action in the coming days and weeks. In this moment, we are making the revolutionary choice to rest, restore our reserves, and consciously resist getting caught up in post-election turbulence. We encourage you to join us in caring for yourself and our beloved community: be still with all of your feelings, reactions, and impulses. Make space to love yourself and to do everything you can to protect the most vulnerable people around you. Breathe, hydrate, play, meditate or pray, exercise – do whatever gives you rest, remembering that rest is a revolutionary commitment. With love, The Adasina Team??? - ?? Immigration and immigrants' rights organizations to support (via National Network for Immigrant and Refugee Rights): https://lnkd.in/gRQh44-j ?? Support the work of our partners at the Trans Women of Color Collective: https://twocc.org/ ?? Follow our partners at American Friends Service Committee for resources and ways to support the crisis in Gaza: https://lnkd.in/ex5ANN3U ?? Investors: use your money to advance, peace, justice, and inclusion.

Great news to end the week! Impact Finance Center + the Denver Business Journal awarded Adasina’s Managing Director Danielle Burns, MBA with a 2024 Who’s Who in Impact Investing Award ?? Please join us in celebrating Danielle and her incredible contributions to the field of impact investing. We are so grateful to have her wisdom on our team, helping us expand the practice of #SocialJusticeInvesting in the public markets. ?? Congratulations to Danielle and all the 2024 honorees: Michael Kent Jasmine Rashid Karen Gados Craig Jonas, Ph.D.?? Bo Parfet? Phil Swan Ken Tsunoda

?? Adasina Social Capital and Rhia Ventures are thrilled to share an important update regarding shared efforts to leverage capital markets and advance social justice. Rhia Ventures is assuming ownership of The Due Diligence 2.0 Commitment (DD2.0), originally launched and managed by Adasina.?We are deeply grateful to Rachel J. Robasciotti and the Adasina team for this opportunity. DD2.0 was created to catalyze movement of capital to BIPOC managers. It challenges asset owners and financial advisors to leverage their position as capital movers to address systemic racial inequities by allocating more capital to BIPOC managers, communities, entrepreneurs, and stakeholders. Over the coming months, Rhia will lead an evaluation and redesign process to continue moving the work forward. Adasina will remain actively engaged in this process. ?? Learn more about DD2.0 here: https://lnkd.in/dCcPNUfE #Investing #DueDiligence #Fiduciary #EmergingManagers

Adasina's Founder & Co-CEO Rachel J. Robasciotti shares her personal reflections in the aftermath of this election:

We want to take a moment to acknowledge the array of emotions many of us are experiencing in light of this week's election news. Understandably, such events can stir up intense feelings and provoke deep reflection. We want you to know that we are here, and we are feeling it too. As we process the developments internally, we promise to return soon with additional insights and thoughts. Until then, take care of yourselves and one another. ??

An inspiring reminder from our Co-CEO Julianne Zimmerman:

Friends, Today I have the immense pleasure of sharing Adasina’s shift to a collaborative leadership model – and within that, welcoming my colleague Julianne Zimmerman to the position of Co-CEO. ?? More details below on why Adasina is adopting a Co-CEO model, but first, let me share more about Julianne. Truthfully, I can’t imagine a better person for the role than Julianne. She is experienced, with 30+ years of esteemed leadership across impact investing and social entrepreneurship. She has an incredibly strategic mind, a knack for aligning operational details with the big picture, and above all, a caring heart. She is a professional whom I both deeply admire and, crucially, like. This is an exciting milestone for all of us at Adasina, and I am confident that Julianne’s leadership and dedication to social justice will enrich our community and position our firm for even greater racial, gender, economic, and climate impact in the future. Please join me in welcoming her to the role.??? As promised, here’s a bit more detail on the “why.” The decision to share Adasina’s executive leadership responsibilities between Julianne and myself is rooted in sustainability. The role of CEO is an expansive one. Leading effectively is not about being superhuman. In fact, it’s the opposite. Effective leadership is about bringing together and supporting a team of people who advance an organization's goals. A collaborative leadership approach creates space for more people to lead while fostering sustainability for Adasina, and preventing burnout for individuals. When Maya Philipson and I founded Adasina, we created a template for sharing space as partners. The compassionate model of leadership we created will no doubt be of service to Julianne and I as we embark on Adasina’s next chapter together. If you’re curious, I invite you to read more about Adasina’s next phase of growth. I’ll add a link to the comments.

We have an exciting announcement: please join us in welcoming Julianne Zimmerman as Co-CEO! Julianne’s 30+ years of influential leadership across impact investing and social entrepreneurship will strengthen Adasina’s leadership team’s capacity, positioning us for substantial (and sustainable) growth. Her background complements that of our Founder & Co-CEO Rachel J. Robasciotti’s 20+ years leading Adasina and the #SocialJusticeInvesting practices that led to its creation. Our shift to a Co-CEO model is one facet of Adasina’s strategic preparations for our next phase of growth, designed to expand our leadership capacity and deepen our ability to make even greater impact. Read more about our next chapter here:?

Exciting news from Adasina Social Capital's Social Justice Partner, Inclusive Development International! ?? “AngloGold Ashanti, one of the world's largest gold mining companies, will compensate hundreds of families.” Background: At Adasina’s Q2 Investor Briefing, Inclusive Development International (IDI) –?an organization that helps local communities around the world defend their rights – shared the story of a Guinean community violently impacted by the expansion of a mine project. Artisan miners, merchants, and farmers whose families had lived on the land for 800+ years were forcibly relocated to make way for AngloGold Ashanti’s new mine in Siguiri, Guinea. After six years of mediation, AngloGold agreed to financially compensate the displaced families, and fund community restoration and development. Though the trauma of forced relocation cannot be reversed, I am grateful to see repair being made to the community, and to see a corporation being held accountable for its actions. H/T to David Pred and the IDI team for their dedicated efforts on behalf of this community. Details on the agreement here: https://lnkd.in/gxb37iRF Learn more about Adasina’s partnership with IDI, including information on our Local Communities’ Rights investment screen, here: https://lnkd.in/guTKYpdN

What makes Adasina’s approach so unique? Hear Julianne Zimmerman’s perspective on Social Justice Investing, plus what motivated her to join Adasina and advance large-scale systemic change through investments. Bonus: Watch until the end for actions *all investors* can take to participate in #SocialJusticeInvesting today!