i(x) investments taps Ex-U.S. Treasury Deputy Secretary for board

 Sarah Bloom Raskin l Photo credit: WSJ

Sarah Bloom Raskin l Photo credit: WSJ

Sarah Bloom Raskin joins board of impact investing firm

By Dennis Price on August 14, 2017 

Read original article here on ImpactAlpha

The impact investment firm i(x) investments, known for its structure as a permanent holding company, has appointed Sarah Bloom Raskin to its Board of Directors.

From 2014 to 2017, Raskin served as Deputy Secretary of the U.S. Department of the Treasury — the first women to serve in that role — where she worked to strengthen the nation’s financial infrastructure and establish consumer safeguards in the financial marketplace.

“The great challenge of our time is harnessing the power of markets and economic growth to address the social and environmental problems of humanity,” said Raskin, who has also served as a Governor of the Federal Reserve System.

She added that at i(x), co-founded by Howard Buffett (the grandson of Warren E. Buffett) and Trevor Neilson, “social, economic, and environmental progress will be the baseline return on our investments.”