Return drivers in impact venture capital are changing fast. And today's guest Daniel Izzo is at the forefront of that shift.

Daniel is the co-founder and CEO of Vox Capital Brazil’s first impact venture capital firm. He’s shown that mission-driven startups serving low-income populations can deliver both strong risk-adjusted returns (including a 40% IRR in one fund) and true social justice.

In this episode Daniel explains why financial inclusion is the fastest-growing opportunity in Latin America and why 85% of the market is still ignored by most investors.

He shares two examples of Vox’s standout portfolio companies: one that built affordable ventilators for underserved hospitals, and another that slashed the cost of medical education by 90%, transforming access to specialist care.

He also explains:

• why intentionality is a better filter than ESG scores
• why some of their best returns came from companies with embedded impact
• why Vox moved beyond VC into multi-asset strategies

Forget the myth that impact means sacrifice. Daniel busts it with facts. Tune in to find out how.

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About the SRI 360° Podcast: The SRI 360° Podcast is focused exclusively on sustainable & responsible investing. In each episode, I interview a world-class investor who is an accomplished practitioner from all asset classes.

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Additional Resources:
- Vox Capital website

- Daniel Izzo LinkedIn

- The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits