Impact Capital Managers Association Welcomes Five New Directors to Its Board
On July 15, 2025, the Impact Capital Managers (ICM) Association announced the addition of five exceptional new leaders to its Board of Directors, following an election that included votes from its network of over 150 member funds. This strategic move underscores the organization's commitment to enhancing its framework of private capital dedicated to impact investing.
New Board Members Overview
The newly appointed directors include:
1.
Karin Gregory - Managing Partner at Blue Highway Capital
2.
Todd Leverette - Co-Founder and Managing Partner at Apis Heritage Capital Partners
3.
Kenneth Saffold - Co-Founder and Managing Partner at o15 Capital Partners
4.
Greg Shell - Head of Inclusive Growth at Goldman Sachs Alternatives
5.
Srikant Vasan - Founder and Managing Partner at Avesta Fund
These five individuals bring extensive experience and expertise in various fields related to impact investing, ensuring that the ICM is steered towards innovative solutions that are both financially rewarding and socially beneficial.
Reflection on Board Composition
With these new members stepping in, the organization also bids farewell to three esteemed outgoing directors:
- - Josh Cohen (City Light Capital)
- - David Kirkpatrick (SJF Ventures)
- - Brian Trelstad (Bridges Fund Management)
Chair of the Board,
Hope Mago, expressed gratitude for their years of dedicated service, highlighting the pivotal role they played in shaping the organization and advancing its mission.
A New Era of Leadership
Marieke Spence, the Executive Director of ICM, commented on the significance of these new appointments:
“Each year, our Board election is an opportunity to reflect on the evolving strength and diversity of the ICM network. This new cohort of directors brings an extraordinary range of experience and thematic expertise across inclusive entrepreneurship, climate and sustainability, employee ownership, and innovative regional strategies.”
Spence emphasized that these individuals will continue to build upon the existing momentum and impact that the board has fostered since the association's inception six years ago.
Welcoming New Perspectives
Nancy Pfund, Chair of the Board Nominating Committee, communicated her excitement about the incoming members.
“We’re honored to welcome Karin, Kenneth, Greg, Todd, and Srikant. Each incoming board member brings deep sectoral expertise and insight into how impact drives superior returns from their unique asset class and market position.”
This sentiment was echoed by the new board members themselves, who expressed their honor and eagerness to contribute to the ICM mission.
Karin Gregory highlighted the strength of ICM’s extensive network, which allows fund managers to share expertise and best practices in impact measurement. Todd Leverette emphasized the significance of worker participation in value creation particularly through the lens of worker ownership. Kenneth Saffold praised ICM for aligning with o15 Capital Partners’ focus on strong returns alongside lasting impact. Greg Shell discussed the transformative potential of private capital in fostering inclusive economic growth, while Srikant Vasan acknowledged ICM’s growth trajectory and collective goals for positive societal impact.
About Impact Capital Managers
The Impact Capital Managers Association operates with the primary goal of accelerating the effectiveness of its members while scaling the private capital impact investing market with authenticity. The organization requires select membership and currently includes over 150 funds that collectively manage more than $70 billion in impact-focused capital. ICM operates as a 501(c)6 entity and also has an affiliated 501(c)3, known as the ICM Institute.
For additional information regarding the ICM and its initiatives, interested individuals can visit their official website at
impactcapitalmanagers.com.
In summary, the ICM’s recent leadership shift highlights its ongoing commitment to fostering a diverse and effective framework of impact investing through the guidance of these distinguished professionals, paving the way for future initiatives that benefit both the financial sector and society at large.