Acumen Fund

Investing and portfolio management:acumen Fund, Inc. ("Acumen") invests patient capital in business models that deliver critical, affordable goods and services to the world's poor, improving the lives of millions. Since 2001, Acumen has invested in businesses that provide access to health care, energy, education, water & sanitation, housing, financial services, and agricultural services to low-income customers. Our investments are addressing the problems of poverty in east and west africa, south asia, latin america, and the united states. Acumen invested in 13 new companies in 2022, reaching a cumulative $154 million invested in 167 businesses serving people living in poverty. [see continuation on schedule o]acumen also exited four companies returning a total of $2.2 million.in 2022, Acumen launched pioneer energy investment initiative: powering livelihoods using solar("peii+"). It is a five year, $25m initiative that will invest in productive use of energy (pue) technologies, to boost incomes and improve livelihoods.

Impact and communications:the goal of the impact and communications teams at Acumen is to support the mission of changing the way the world tackles poverty by sharing the insights from our work, catalyzing an entrepreneurial, markets-based approach to solving poverty, and shining a light on climate solutions that work for everyone.in 2022, the insights team published three major reports, including Acumen's flagship "failing forward" report, capturing the lessons learned from failed investments and showing how Acumen has adapted to those lessons in its work. [see continuation on schedule o]in addition, the team helped publish a dozen blogs and editorials, as well as conducting 8 internal insights sessions to improve cross-regional and cross-functional understanding of Acumen's work.in 2022, Acumen published the results of a study that analyzes the successes and challenges of our patient capital work over the past 20 years, investing as a means: 20 years of patient capital.

Fellows and leadership programs:in 2022, Acumen academy ran nine regional and global fellowship programs and ten accelerator programs serving 318 diverse program participants from colombia, the united kingdom, spain, west africa, east africa, india, pakistan, bangladesh and malaysia; created ten online courses to enable 20,000+ students to scale their businesses and increase their impact; and provided resources and support to 1334 social entrepreneurs within our alumni community who have cumulatively impacted the lives of 25 million people across the globe. [see continuation on schedule o]our goal is to catalyze innovative business models that address the challenges of poverty worldwide by providing dignity to workers while furthering environmental sustainability.