FOR IMMEDIATE RELEASE: May 31, 2011 MISSION MARKETS™ AND IMPACT INVESTMENT EXCHANGE ASIA ANNOUNCE PARTNERSHIP TO BROADEN THE GEOGRAPHIC REACH OF THEIR PLATFORMS NEW YORK AND SINGAPORE-Mission Markets™, which operates the first FINRA*- compliant marketplace for impact and sustainability investments, and Singapore-based Impact Investment Exchange Asia (IIX), whose mission is to provide Social Enterprises in Asia-Pacific with access to impact investment capital, announce a strategic partnership which will broaden their geographic reach. This partnership is an important step in the global expansion and adoption of triple bottom line investing and reinforces the leadership of Mission Markets™ and IIX in creating the capital markets infrastructure necessary to support this evolution. IIX announced the launch of Asia's first private online platform, Impact Partners™ in March 2011. This private platform showcases a select group of pre-screened Asian Social Enterprises working in a range of sectors, including sustainable agriculture, clean energy, education, healthcare and inclusive finance. These promising Social Enterprises address some of Asia's most critical and persistent social and environmental challenges. "This partnership with Mission Markets will substantially enhance Impact Partners' reach to investors around the globe, helping to expose the innovative Social Enterprises on our platform to a broader range of global investors," said Durreen Shahnaz, Founder and Chairperson of IIX. "We are particularly pleased to partner with Mission Markets, which shares our commitment to connecting Social Enterprises with mission-aligned capital." Mission Markets™ is differentiated by its inclusive, collaborative approach in scaling the sustainability and impact investing markets. The partnership with IIX is exemplary of Mission Markets' focus on fostering an entire ecosystem around investment for social and environmental impact. "We see this partnership as a significant milestone in expanding our reach into Asia," says Michael Van Patten, Mission Markets Founder and CEO. "This type of collaboration is a critical step in delivering critical market infrastructure to social and environmental stakeholders worldwide." Mission Markets™ is the marketplace for stakeholders within the sustainability sector. Mission Markets™ provides a secure online community where buyers, sellers, service providers, and all participants across the sustainability spectrum can communicate, access industry news and updates, share information, and, most importantly, transact business. IIX is revolutionizing the way we look at sustainable economic development in Asia by creating platforms connecting socially and environmentally mission-driven enterprises with impact investors. Impact Partners™, Asia's first private placement platform, was launched in March 2011. Impact Exchange™, launching in 2012, will be Asia's first social stock exchange, a regulated trading platform allowing investors to invest in and trade securities issued by Asia's most promising Social Enterprises. IIX has received generous financial support for its work from the Rockefeller Foundation in the form of a grant supporting research and proof-of-concept analysis. IIX's not-for-profit sister organization, Impact Investment Shujog, focuses on impact assessment, advocacy and research for Social Enterprises. For further information, please contact: Gyneth Tan Lina Tang Marketing Director, IIX Business Development Associate Telephone +65 9001 3347 Telephone +65 6221 7051 gtan@asiaiix.com ltang@asiaiix.com |
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