Jacqueline Novogratz is the Founder and CEO of the Acumen Fund. In this role, Jacqueline Novogratz is responsible for the vision behind Acumen Fund's unique approach to using philanthropic capital to invest in scalable businesses that serve the poor with life-changing goods and services.
She has led the Acumen Fund team since its launch in 2001, and under her leadership Acumen Fund has invested $40 million in over 35 companies serving 25 million low-income customers in the developing world (as of April 2009). Prior to Acumen Fund, Jacqueline Novogratz founded and directed The Philanthropy Workshop and The Next Generation Leadership program at the Rockefeller Foundation. She began her career in international banking with Chase Manhattan Bank and she founded Duterimbere, a micro-finance institution in Rwanda.
Jacqueline Novogratz has an MBA from Stanford and a BA in Economics/International Relations from the University of Virginia. She is the author of the bestselling memoir, The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World, published in early 2009.
In this clip, Novogratz explains the mission of the Acumen Fund:
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