Date: 11/10/2014
Source: Incapital
Author: Incapital

Incapital Announces Launch of Legacy™

A Values-Based Investing Platform Designed to Reach Individual Investors

Legacy Platform to Leverage Firm’s Success in Making Values-Based Investments More Accessible

CHICAGO – November 10, 2014 – Incapital today announced the launch of Legacy™, a new investment platform designed to help advisors align their clients’ financial and social impact goals.

"It has always been important to us at Incapital to give back to our community and it’s even more rewarding to do so in a way that connects investors to values-based opportunities," said Tom Ricketts, Chairman of Incapital. "Incapital’s Legacy platform builds upon the leadership role we’ve taken, through our partnerships with Calvert Foundation and IFC, in creating opportunities for individuals to use their investment dollars to impact social and environmental change."

Incapital’s leadership in values-based investing dates back to 2005 when the firm joined forces with Calvert Foundation to introduce a new program that for the first time made their Community Investment Notes widely available to individual investors. In its front page coverage of the launch, the Washington Post described the launch as a “deal to spread ‘socially conscious’ investing.”

Over the past nine years, more than $225 million of Calvert Foundation's Community Investment Notes have been distributed through Incapital's national distribution network. “Through our partnership with Incapital, financial advisors and their clients have convenient access to an investment that is creating measurable social impacts throughout the U.S. and in more than 60 countries around the world,” said Jennifer Pryce, President and CEO of Calvert Foundation. To date, the initiative has created more than 200,000 jobs in the U.S. and developing countries, has helped to construct and refurbish more than 10,000 affordable homes, and has supported more than 5,000 nonprofits, co-ops, and social enterprises1.

In March of this year, Incapital partnered with IFC, a member of the World Bank Group, to launch Impact Notes, a new program that provides U.S. individual investors regular access to triple-A rated bonds that support private sector growth in developing nations worldwide. IFC uses its capital, expertise and influence to help eliminate extreme poverty and promote shared prosperity in more than 100 emerging countries.

In September of this year, IFC and Incapital introduced "green bond" offerings under IFC’s Impact Notes program. IFC Green Bonds provide U.S. individual investors with an opportunity to buy notes that support renewable energy and energy efficiency investments.

"While Incapital has had a presence in the values-based investment sector since 2005, we are now pleased to be making an even larger commitment to the space with the launch of Legacy," said Louise Herrle, Managing Director of Capital Markets for Incapital. "We look forward to working with additional issuers who could provide investment opportunities in a wide range of values-based initiatives, including climate friendly offerings. Our goal is to build Legacy into a robust platform that provides advisors with innovative investing options to meet their clients’ environmental and social impact goals."

More information about Incapital's Legacy platform is available on

About Incapital

With eight offices in the U.S. and Canada, Incapital ( has established itself as one of the leading underwriters and distributors of a wide range of securities and investment products to broker-dealers, asset managers and institutional investors.

1 Calvert Foundation

Securities issued through the Legacy™ platform are only made available by means of a prospectus and/or other offering documents. Before you invest, you should read the applicable offering documents and any other documents that the issuer may have filed with the SEC for more complete information about the issuer and the specific offering. The underwriter or any dealer participating in the offering will arrange to send you the offering documents if you request it by calling toll-free 1-800-327-1546.

Any financial product sold prior to maturity may be worth more or less than the original amount invested. Depending upon the specific product offering, investment risks include, but are not limited to, interest rate risk, credit risk of the issuer and liquidity risk. Additionally, unless otherwise specified in the respective offering documentation, the product(s) discussed herein are not FDIC insured, may lose value, and are not bank guaranteed. While a high rating by a ratings agency does not guarantee safety of principal or return of funds, it does provide an independent opinion. Incapital does not offer or sell investment products to individual investors. Investors should carefully review and understand the offering documents and consult with their financial and tax advisors prior to investing in any financial product(s).

The information contained herein does not constitute an offer to sell or a solicitation of an offer to buy securities. Investment products described herein may not be offered for sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful or prohibited by the specific offering documentation. Securities offered through Incapital LLC, Member FINRA / SIPC. 200 South Wacker Dr. Chicago, IL 60606.