Hello Members of the Impact Investing Community,

We wanted to share with you some exciting news regarding advancing the topic of impact
investing within top MBA programs. On April 8th, the inaugural International Impact
Investing Challenge will launch at J.P. Morgan’s headquarters in NYC. The challenge has
invited students from twelve MBA program to propose novel investment vehicles that will
be of interest to institutional investors. As a prominent voice in the impact investing
community, we would like to invite you to be our guest at the final event. Starting at 2pm
the four finalists will present their concepts. After the presentations there will be an
awards reception, which will provide ample opportunity to connect with peers who are also
passionate about advancing the field of impact investing. If you are interested in attending,
please complete the RSVP link featured in the information on the reverse to ensure your
admission into the facility. We really look forward to seeing you in NYC in April. Please do
not hesitate to reach out to us with any questions or comments.

To impact,
Jamie Mark
Jamie N. Jones, PhD Mark Milstein, PhD
Kellogg School of Management Center for Sustainable Global Enterprise
Northwestern University Johnson Graduate School of Management
Cornell University

Lead sponsor Gold Sponsor

 International Impact Investing Challenge:
Innovative MBA Competition Marries Financial Investments and Sustainable Impact
Upcoming competition hosted by Kellogg School of Management and Johnson Graduate
School of Management challenges next generation investors on sustainable impact investing

The Kellogg School of Management and Johnson Graduate School of Management invite
you to attend the 2011 International Impact Investing Challenge on Friday, April 8 at the
J. P. Morgan Headquarters at 383 Madison Avenue, New York, NY 10017.

The Kellogg and Johnson Schools have invited 12 MBA programs to participate in the
Challenge, and these teams will convene in New York City in April for a one-day
competition at the J.P. Morgan headquarters. A panel of experienced investors and senior
officers who currently manage family foundations, pension funds, and university
endowments will review the teams’ pitches. Emphasis will be placed on creative strategies
that integrate environmental, social or corporate governance (ESG) issues into the investment
process, and more than $40,000 in prizes will be awarded to the winning teams.

The International Impact Investing Challenge is sponsored by the Robert Wood Johnson
Foundation, J.P. Morgan, the McCall Foundation, Equilibrium Capital Group, the Calvert
Foundation, Impact Assets, and the Milken Institute.

Program: 8:00 a.m. – 2:00 p.m.: Semi-final Presentations

2:00 p.m. – 6:30 p.m.: Final Presentations and Award Reception

More Info:To attend the final presentation and reception, please register at
https://spreadsheets.google.com/viewform?formkey=dEdMNWkxN1h5VVFQM
GhCOTBrRjVpWHc6MQ. To obtain a press pass to the event or to schedule an
interview, contact Betsy Berger at b-berger@kellogg.northwestern.edu. To learn
more about the International Impact Investing Challenge, visit
www.impactinvestingchallenge.org. For more information about the Kellogg
School of Management, visit www.kellogg.northwestern.edu. For more
information about the Johnson Graduate School of Management, visit
www.johnson.cornell.edu.