A profile of GIIN Investor's Council member, Acumen Fund, an Acumen Fund fellow, and Acumen investee D.Light.

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Much of this demand is being fed by a new generation of financiers and entrepreneurs. Jacqueline Novogratz, Acumen's founder and chief executive, says interest in her organization is mounting. The fund has $40 million invested in 44 projects in East Asia and South Africa.

D.Light is one of those. Other than the social half of its mission - the other half being profit - it's a traditional venture-funded startup that, if not today, is very close to achieving profitability.

"There's a convergence that's happening with Wall Street and banks looking to extend what they do," Ms. Novogratz says, "and governments and nonprofits becoming more businesslike on the other side."

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