Growth is getting better, not worse
$800
$700
$600
$500
$400
$300
$200
$100
0
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023*
Fund Dry Powder
Fund Remaining Value
Private market impact capital continues to grow across a wide array of strategies, geographies, and impact categories.
*As of March 31, 2023, impact fund AUM stood at $741bn, of which $201bn is in dry powder waiting to be allocated.
Source: S&P Global, TD Securities