Calvert Impact announces election of development finance expert to board for its flagship Community Investment Note

    BETHESDA, MD, November 10, 2022 /24-7PressRelease/ -- Calvert Impact, Inc. announced the appointment of Deena M. Burjorjee to the board of directors of its subsidiary, Calvert Impact Capital, Inc., issuer of the Community Investment Note®. Burjorjee, a development finance expert, brings over 25 years of development finance experience in the private and financial sectors.

"Calvert Impact Capital is a pathbreaker in impact investing, and I'm honored to be invited to join the board," said Burjorjee. "Having spent a significant part of my career in development finance institutions building the case for private-sector investors, I am excited by Calvert's commitment to accessibility, allowing even small retail investors to channel their capital to communities in most need. There is a new generation of investors hungry for impact products. It will be exciting to see what innovations the Calvert Impact team will be developing under its new strategy to fill this void."

Throughout her career, Burjorjee has specifically focused on financial sector development, market facilitation and gender inclusive programming. In her latest role at IFC, Burjorjee was responsible for developing a new business line addressing barriers to private sector investment in the Middle East, Afghanistan, Pakistan, Central Asia and Turkey. She successfully developed an Advisory portfolio expected to translate into over $600M in IFC own account investments over the next 3 years across climate, financial inclusion, and small business portfolios.

"We're fortunate to welcome Deena to the Calvert Impact Capital board," said Jennifer Pryce, CEO of Calvert Impact. "Deena brings a wealth of knowledge and direct experience that will add another dimension to our distinct board as we continue to advance positive outcomes for the communities and investors we serve."

About Calvert Impact
Calvert Impact is a global nonprofit investment firm that helps investors and financial professionals invest in solutions that people and the planet need. During its 25+ year history, Calvert Impact has mobilized over $4 billion to grow local community and green finance organizations through its flagship Community Investment Note™ and structuring services. Calvert Impact uses its unique position to bring the capital markets and communities closer together. More at calvertimpact.org.

Calvert Impact Capital, Inc., a 501(c)(3) nonprofit subsidiary of Calvert Impact, offers the Community Investment Note®, which is subject to certain risks, is not a mutual fund, is not FDIC or SIPC insured, and should not be confused with any Calvert Research and Management-sponsored investment product. Any decision to invest in these securities through this site should only be made after reading the prospectus or by calling 800.248.0337.

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