American Funds New World Fund
Growing up as a young girl in Virginia, Jacqueline Novogratz had a favorite blue sweater with Mount Kilimanjaro and two zebras on it. She wore it for years until it was given to Goodwill. Eleven years later and 5000 miles away from home in Kigali, Rwanda she ran into a young boy wearing that very sweater, with her name still on the tag inside. This experience became a metaphor for Jacqueline and confirmed her belief in the world's interconnectedness. Everyone's actions — and everyone's inaction —- have an impact on others and the world in which we live.
"The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World"
in 2009 Jacqueline Novogratz, CEO and founder of the Acumen Fund, published The Blue Sweater a memoir about her experiences fighting poverty in Rwanda, India and Pakistan. The book chronicles her quest of combining her knowledge of banking and financial markets with her commitment to philanthropy. It led to the creation of the Acumen Fund. Acumen raises money from individuals, corporations and institutions. Among its investors are the charitable arm of Google, the Rockefeller and the Gates Foundation. Acumen identifies suitable enterprises, provides loans, equity and managerial assistance to promising entrepreneurs.

