As a fifth-generation investment executive, Robert Smith created ICV to connect hard-to-reach Family Offices and leading Fund Investors in a collaborative and safe environment to evaluate opportunities that create a social impact beyond a financial return.
ICV began in 2014 when we hosted a gathering in Napa Valley for 20 like-minded people with enormous abilities and assets in a comfortable setting. Within two years, attendance at our events increased fifteen-fold (255 out of 396 investor applicants approved and 49 presenters), without advertising and sponsorship. ICV Manhattan 2015 attracted 133 Single Family Offices and Fund Investors managing more than $1 trillion in combined assets. Within two years, we were joined by many of the top asset managers in the world by strategy and industry-focus, some of the largest institutional allocators, New York Times bestselling authors, the former director of the Central Intelligence Agency and the former president of the United Nations General Assembly.
In 2015, we diversified the content of our events to appeal to ultra wealthy individuals who do not typically attend investor conferences. We introduced Nobel Peace Laureates, civil society leaders, distinguished economists and futurists who spoke about threats facing humanity, far beyond the interconnected risks that could disrupt a well-thought-out portfolio designed for future generations. Recognizing that we could convene individuals capable of advancing not only sustainable development, but charitable giving at a significant level, we introduced art and music to our events, and raised the level of consciousness and understanding of participants that even the smallest donation to a nonprofit organization can have a profound effect on many. By stimulating a critical mass of investor attendees, we stimulated companies to align their strategies and operations with sustainable development and take actions that advance societal goals.
In 2016, on the observance of the International Day of Peace, in support of the Permanent Secretariat of the World Summit of Nobel Peace Laureates, ICV hosted an intimate dinner in honor of three inspiring and heroic women, Leymah Gbowee, Shirin Ebadi, Tawakkol Karman, all Nobel Peace Prize Laureates, who shared their experiences and insights in meeting personal and global challenges and policies for a more peaceful, secure and sustainable world. Other participants seated at the 32-person dinner table included Jonathan Granoff and Amir Dossal, UN Representatives of the Permanent Secretariat of the World Summit of Nobel Peace Laureates, and representatives of Family Offices and Fund Investors with access to more than $100 billion in investment capital. This special event marked the first time that three Nobel Peace Laureates directly engaged investors and philanthropists and their first contribution in New York since the Permanent Secretariat obtained consultative status to the United Nations Economic and Social Council (ECOSOC).
“ICV is a field of dreams. It is where you go to realize the dream you didn’t know you had.”
– Robert Smith, Founder of ICV
At ICV Manhattan 2016, our second event hosted in a major city, we convened more than 100 Family Offices and Fund Investors managing more than $2 trillion in combined assets. We featured over 70 speakers, including leading Industry-focused Institutional Investors (e.g., agriculture, entertainment, financial, healthcare, technology), CEOs, Ambassadors, Civil Society Leaders, distinguished Economists, Futurists, New York Times bestselling authors, famous Artists, a Nobel Peace Laureate, and a 27-piece orchestra. CNBC conducted an interview during the event.
In 2017, we expanded into healthcare innovation with ICV Philadelphia, the first large-scale investor conference hosted at an academic medical center. Not just another healthcare conference, ICV Philadelphia at Thomas Jefferson University and Jefferson Health brought together Family Offices, Fund Investors, Key Opinion Leaders, Academia and Chief Executives to mobilize capital towards treatments capable of curing a myriad of illnesses, thus helping people to live longer, with less pain, and profoundly improve countless lives. CBS conducted interviews during the event.
Today, ICV connects change makers with investors who by virtue and wealth advance corporate responsibility, capitalize businesses at significant levels, and influence systemic change. We are mobilizing trillions of dollars to find solutions to the world’s greatest challenges.
Working exclusively with companies that advance the Sustainable Development Goals (SDGs), as a proud member of the United Nations Global Compact, and as a partner to USAID, ICV is bridging the gap between political and financial worlds to drive development.
During the 72nd session of the United Nations General Assembly (UNGA), we hosted ICV Investing in the Global Goals, a historic five-part event, where we convened Family Offices, Fund Investors, Heads of State and Government, Foreign Ministers and CEOs of the Private Sector for one urgent purpose: to realize the $12 trillion opportunity that is the 2030 Agenda for Sustainable Development.
On September 15, the observance of the International Day of Peace, at the international United Nations Headquarters, ICV hosted the ICV Global Youth Summit 2017, where we convened the next generation of Senior UN Leaders, Change Makers, Social Entrepreneurs and Philanthropists to educate and inspire all ages to think more creatively about their role as global citizens.
On September 17, we hosted ICV Presents: An Evening with Jane Goodall. World-Renowned conservationist, humanitarian, United Nations Messenger of Peace, Dr. Jane Goodall discussed her hope for the natural world in challenging times.
Also on September 17, ICV joined Global Citizen, The Riverside Church and Lululemon Athletica for Breaking the Silence: Beyond the Dream, an intergenerational, interfaith program that called on people from all walks of life to RISE UP and speak out on the injustices facing the world. Just as Martin Luther King, Jr. did at The Riverside Church 50 years ago, Breaking the Silence delivered a universal call to action to “love thy neighbor.”
On September 19 at the Movement Makers Summit, ICV and Global Citizen, two leaders in campaigning and organizing around the Sustainable Development Goals, convened the best minds in movement building to equip change-makers, marketers and everyday citizens with the tools they need to understand, learn from, and build sustainable and impactful movements.
On September 20, ICV hosted one of its most impactful events to date, ICV Investing in African Health Systems, where we convened CEOs from the Private Sector, Ministers of Health of five countries, Heads of UN Agencies, Philanthropists, Institutional Investors and Innovators to create sustainable health systems for Africa.
Following UNGA, we took an innovative approach from outside the nonprofit sector, and launched nonprofit and for-profit businesses to catalyze blended investment and innovation for impact.
Managed by sophisticated investment professionals with more than 20 years of experience on average, the ICV Donor Advised Program provides philanthropists the opportunity to allocate their capital in a conscious way to seven catalytic philanthropy projects led by changemakers who have the character, courage and commitment to solving the world’s greatest challenges.
Through Catalytic Philanthropy we form unlikely strategic partnerships, employ innovative financing solutions and leverage our convening power to create scale and drive philanthropy to catalytic projects that achieve measurable impact and influence systemic change.
- Build a City of Hope, where visitors experience the stark realities of the past alongside models of transformation for a culture of sustainable peace and the uniting of humanity. Present tools for positive change and as a positive alternative to destructive patterns of development.
- Build peace, sustainable agricultural and health systems, and flourishing communities empowered by decent work, gender equality and security.
- Support critical research focused on solutions to the health disparities in both refugee camps and urban refugee communities.
- Build economically empowered, socially responsible and environmentally sustainable communities while maintaining their cultural dignity and natural identity.
- Invest in proof-of-concept studies that typically go unfunded through traditional government and industry sources; fuel early stage investigators in cancer research and support the next generation of cancer researchers and clinicians who hope to write the final chapters of the story that puts cancer into the history books.
- Catalyze investment in innovations and breakthrough technologies that target the leading killer of children under 5 as part of an overall effort to save women’s and children’s lives.
- Employ a strategy to help Americans understand (1) the enormity of the destruction that nuclear war will cause; (2) the great and increasing danger that nuclear weapons will be used; and (3) the reality that nuclear weapons are the greatest threat to our health, safety, and security.
Through Venture Engineering we are rapidly and efficiently de-risking early stage companies through active and early engagement in the market, and strategically partnering and positioning companies for multiple exit opportunities. In January 2018, we launched ICV Venture Engineering Fund I, which will invest in approximately 10 compelling, privately-held emerging life science companies: transformative technology platforms that have proven, scalable, platform technologies that will transform large markets and enable multiple deals and fast exits.
After hearing the personal story of Jeff Amershadian, a successful investment banker who raised over $150 million for various companies, then departed from Wall Street after he made a promise to his dying sister that he would dedicate his life to funding research for people with all terminal conditions, ICV announced two events to convene Family Offices around Golf, Innovation and Philanthropy. In November 2017, we hosted ICV St. Augustine: PGA Pro-Am & Healthcare Innovation Forum. In January 2018, we hosted ICV Scottsdale: PGA Pro-Am & Healthcare Innovation Forum, where Dr. Karen Knudsen, Director of the Sidney Kimmel Cancer Center at Jefferson and one of six women in the United States to serve as director of a National Cancer Institute (NCI) designated cancer center, presented the ICV Group Cancer Breakthroughs Fund to invest in proof-of-concept studies that typically go unfunded through traditional government and industry sources.
In January 2018, healthcare was the focus of two other events. At ICV San Francisco 2018 at the University of California San Francisco, we hosted a series of presentations where change-makers and forward-thinking leaders shared their ideas and evaluated opportunities to solve some of the most complex challenges in human health. At ICV Geneva 2018, hosted on the margins of the 142nd Session of the World Health Organization Executive Board, we developed innovative partnerships between governments, investment firms and the private sector to catalyze blended investment in innovations and drive transformational aid for development.
In February 2018, we launched The Afya Fund, designed to strengthen African health systems through impact investing. The development in medical technology over the last few years has been unprecedented. The Afya Fund aims to transfer this value from western sources to emerging markets, thereby creating positive change in our lifetimes – and a social impact beyond a financial return.
More than ever, we need business to be purposeful and pro-active in helping to ensure stability and drive social and economic transformation.
More than ever, the opportunity exists to attract investment capital for sustainable development.
Join us in mobilizing capital for good.