Impact Capital Managers Association Announces Five New Board Members

The directors reflect ICM's expanding network of private capital funds investing for superior returns and meaningful impact

NEW YORK, July 15, 2025 /PRNewswire/ -- Impact Capital Managers (ICM) announced today the election of five distinguished leaders in impact investing to its 501(c)6 Board of Directors. The incoming directors were approved by ICM's 150+ member funds by a vote conducted earlier this spring.

The newly elected Board members are:

• Karin Gregory, Managing Partner, Blue Highway Capital
• Todd Leverette, Co-Founder and Managing Partner, Apis & Heritage Capital Partners
• Kenneth Saffold, Co-Founder and Managing Partner, o15 Capital Partners
• Greg Shell, Head of Inclusive Growth at Goldman Sachs Alternatives
• Srikant Vasan, Founder and Managing Partner, Avesta Fund

The five leaders join the association's governing body as three current Board members - Josh Cohen of City Light Capital, David Kirkpatrick of SJF Ventures, and Brian Trelstad of Bridges Fund Management - depart after concluding their final terms and several years of dedicated service and leadership to the organization and network. Hope Mago, Partner at HCAP Partners, is Chair of ICM's Board of Directors.

"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," said Marieke Spence, Executive Director of ICM. "We welcome them as they step into this critically important oversight role. We know they will continue building on the momentum and impact our dynamic Board has catalyzed since ICM's founding six years ago."

Nancy Pfund, Chair of ICM's Board Nominating Committee and Founder and Managing Partner at DBL Partners, added: "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, and will undoubtedly help guide ICM to new heights."

Karin Gregory, Managing Partner at Blue Highway Capital, shared: "I am honored to assume a leadership role on the ICM Association board. Our fund draws strength from ICM's robust network of leading impact professionals who share expertise, deal flow, and valuable connections across the industry. We value the association's efforts to advance field-tested best practices in impact measurement and the continuous learning that strengthens our companies and sharpens our approach."

"I'm honored to join the ICM Board — not just because my team at Apis & Heritage Capital Partners has benefited from the support, community, and insight this network offers, but because I deeply believe in ICM's mission, its leadership, and the team behind it. I'm excited to contribute by sharing what we've learned about putting working people at the center of value creation — and making them the beneficiaries of the wealth they help build — through worker ownership. I look forward to supporting and educating fellow ICM members on how this approach can align with their firm's strategies, values, and vision for the future, and to learning alongside them as we shape what's next," said Todd Leverette, Co-Founder and Managing Partner at Apis & Heritage Capital Partners.

"I'm honored to join the ICM Board and grateful for the opportunity to be part of this community. o15 Capital Partners is focused on investing at the intersection of strong returns and lasting impact — and is well-aligned with the mission of ICM.  I'm excited to learn from and work with such an experienced and committed group of peers," said Kenneth Saffold, Co-Founder and Managing Partner at o15 Capital Partners.

"Private capital has the power to transform lives while achieving market rates of return, and for the Inclusive Growth Strategy at Goldman Sachs Alternatives, our approach is centered around our belief that our economy would be larger, faster growing, and more sustainable if we could bring in and empower more economic participants. We've appreciated the support - the resources and network - that Impact Capital Managers has created for us and our peers, and I now look forward to partnering with ICM and its board in a deeper capacity as we build even greater collaboration across our impact investing ecosystem and beyond," said Greg Shell, Head of Inclusive Growth at Goldman Sachs Alternatives.

Srikant Vasan, Founder and Managing Partner at Avesta Fund, added: "I value our membership in the Impact Capital Managers community – ICM brings together like-minded investors who leverage the power of capitalism to make a positive impact on people and the planet. ICM has grown significantly from an idea a handful of years ago to an association of 150+ of the leading funds in impact-focused capital. I look forward to doing my part to help guide it in the next chapter of its journey."

About Impact Capital Managers: Impact Capital Managers is a network of private capital fund managers investing for superior financial returns and meaningful impact, with a mission to accelerate the performance of its members and to scale the private capital impact investing market with integrity and authenticity. Membership is selective. Today, the network includes 150+ funds collectively representing more than $70 billion in impact-focused capital. ICM is a 501(c)6 organization with an affiliated 501(c)3, the ICM Institute. For more information, visit impactcapitalmanagers.com.

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SOURCE Impact Capital Managers