Watershed Capital name change to Big Path Capital reflects ‘dynamic state of impact investing’

By Lisa Kerner

Charlotte, N.C., Nov. 10 – Watershed Capital Group announced a name change to Big Path Capital. The new name represents “both the global scope of the company’s reach and the dynamic state of the impact investing sector,” according to a company news release.

“Big Path Capital is harnessing the opportunity being recognized by an expansive number of companies, funds and investors that impact investing is a contender in the financial markets,” said co-founder and managing partner Shawn Lesser.

Impact investing is a rapidly growing investment strategy that seeks to generate positive financial, environmental and social returns, the news release stated.

According to J.P. Morgan, it is estimated that global impact investments exceeded $50 billion in 2010 and invested capital in the impact investing market could reach $400 billion to $1 trillion by 2020.

Watershed was formed in 2007 with the vision of advancing an economy built on natural, social and financial capital, according to co-founder and managing partner Michael Whelchel.

“Today this new path, conducting business for profit and impact, represents the largest investment opportunity of our era,” Whelchel said.

Big Path Capital is a boutique consulting firm assisting impact and sustainable companies and funds in raising capital, executing mergers, acquisitions and transactions and evaluating strategic financial options. The company is based in New York.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.