I3 Advisors LLC is a fund manager whose investments have impact, innovate and inspire, the three “I”s of I3. Built on the deep experience of it’s Principals who have all been leaders and innovators in the fields of finance and sustainability, the mission of I3 is to have a positive impact on people’s lives by using the capital markets for the scalable development of socially just and environmentally sustainable initiatives .
IMPACT: Impact is achieved by creating investments that provide risk-adjusted financial returns by financing organizations that address basic human needs.
INNOVATION: Historically the capital markets have never been considered a development tool. I3 is creating new investment models which build on this new investment paradigm, the experience and creativity of its founders and the large amount of capital needed to address basic human needs.
INSPIRATION: Inspiring leaders with a history of success will play a strong role in developing investments with impact using innovative approaches to capital markets.
The I3 Global Impact Fund (GIF) is the first fund in what will be a family of funds all focused on the three “I”s. It is a mezzanine debt fund which will make loans to small & medium enterprises in the developing world that are providing products or services that address basic human needs. Building on the “lessons learned” from microfinance to create a next generation impact investment fund, the GIF will pool capital and provide risk management through diversity of investments and geography. By making debt capital investments in SMEs in the developing world who are utilizing private-sector best-practices, the GIF will make a sustained, measurable and positive impact on society.
For Further Information:
Roger Frank
roger@i3advisorsllc.com
917-327-7215
Alan Kaufman
alan@i3advisorsllc.com
609-915-4082
Roger Frank is one of the pioneers in using the capital markets for social change. Prior to joining Benchmark Asset Managers, as a Partner at Developing World Markets (DWM), he was instrumental in both raising & deploying over $500 million of debt and equity, which provided investors market-rate returns and provided capital to microfinance institutions in the developing world.
Before DWM, as an emerging markets veteran who has traveled to and worked in over 50 countries worldwide, he introduced many global investors to emerging markets and raised over $1 billion at Salomon Smith Barney/Citigroup, Schroders, Deutsche Bank, HSBC and Lazard in primary and secondary transactions for emerging markets companies.
He was a winner of the inaugural, 2008 Fast Company Award for companies having a positive social impact and, as an industry expert in sustainable investing, has been quoted in the Wall Street Journal, the Financial Times, Fast Company and Chronicle of Philanthropy. Given the increasing interest in sustainable investing, he is a frequent lecturer at conferences and universities. After starting his own graphic design studio, founding community arts programs, teaching in prisons & schools and an extensive tour behind the iron curtain, he received an MBA in Finance and International Business from New York University Stern School of Business. While there he was also President of The Urban Business Assistance Corporation, a student run company that provided consulting and educational services to minority entrepreneurs. He holds a BFA, cum laude, from the University of Delaware and speaks conversational German and Spanish. He is a member of the Social Performance Task Force, his local community Board, plays in a masters soccer league and coaches youth soccer & baseball.
David E. Resnik has made a career with technology startups which he either founded or co-founded, leading to several successful exits to both public and private companies. His passion for startups is combined with the desire to create quality job opportunities and has been key in the development of over a hundred new positions through his companies. He is also involved with conservation and the environment within his community and has been elected a Director of the French and Pickering Creeks Conservation Trust.
For the past 4 years he has been focusing in the Healthcare sector, developing business and funding for several healthcare startups. One of these startups, a Blood Management company, was recently acquired by a NYSE listed medical device company. Mr. Resnik successfully rasied funding for several startups as a Limited Partner with Zon Capital Partners, a venture capital fund. He brought in several deals leading to Series A in addition to the acquisition.
David has founded or co-founded several IT technology companies focusing on a wide spectrum of software technologies and opportunities. Through these efforts he has developed a deep understanding for valuing businesses and assessing investment opportunities.
Mr. Resnik graduated from the Wharton School of the University of Pennsylvania and currently resides in Birchrunville, PA.
