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Impact Investing Specialists Launch New Firm Aimed At Wealthy Individuals, Family Offices
Sandra Kilhof
20 November 2013
Social impact investment professionals Christina
Alfonso and Alexandra Cart have formed Madeira Global, a New York-based
investment advisory firm specializing in impact investing for high net
worth individuals and family offices. Alfonso, founder and chief executive, is an international
investment advisor whose experience spans the US, European, Latin American,
Asian and African markets. She has previously served at financial services firms
such as Smith Barney, Forex Capital Markets, AllianceBernstein, Grameen Bank in
Bangladesh and World Wide
Investments Group in São Paulo,
Brazil. Co-founder Cart has designed and managed
philanthropic strategies for organizations such as the
Tribeca Film Festival and Time 100, as well as for celebrity clientele. Her recent
experience as the managing director of business development at G2 Investment
Group in New York,
includes working on comprehensive investment strategies. Interest in impact investing has grown with the current market
size estimated to be between $30 billion and $50 billion and the current
renewable energy market to be roughly $250 billion, according to REN21, the
Renewable Energy Policy Network. Both sectors are looking at sustained growth projection for
the next decade, Madeira said.