Zero Gap Fund: 2024 State of the Portfolio

Ever since The Rockefeller Foundation helped pioneer the concept of impact investing in 2007, we have been committed to finding ways for capital to act as a driving force for progress for people in the United States and around the world. In 2019, that ambition led us to create a new investment portfolio with our partners from the John D. and Catherine T. MacArthur Foundation and its flagship Catalytic Capital Consortium (C3), which we called the Zero Gap Fund (ZGF).

When we launched ZGF, we imagined it as a way to address the world’s most pressing challenges as defined by the United Nations Sustainable Development Goals (UN SDGs), which bring countries together in a global partnership across 17 goals for the betterment of humanity. To do that, ZGF was designed to serve as a bridge between promising financial innovations and the private capital they need to scale.

Six years later, I am proud that ZGF has developed into a flexible, risk-tolerant catalyst for private investment to advance the global good. In an era when geopolitics, conflict, climate change, and more create uncertainty and challenging market conditions, innovative financing solutions are not only necessary to drive long-term progress — they can make a meaningful difference.

In the Zero Gap Fund: 2024 State of the Portfolio report, you will find deeper dives into data and impacts across the investments.