ICM Institute Joins Wharton Impact to Lead Turner MIINT Into Its Next Chapter

PHILADELPHIA, Aug. 19, 2025 /PRNewswire/ -- Impact Capital Managers Institute (ICM Institute), an affiliated non-profit of Impact Capital Managers, announced today that it has entered into a strategic partnership with the Wharton Impact, Value, and Sustainable Business Initiative (Wharton Impact) to co-produce the Turner MBA Impact Investing Network and Training (Turner MIINT) program.

Turner MIINT provides more than 400 graduate students annually—representing 35 top programs across six countries—with hands-on experience in impact investing. The program culminates in a pitch competition on Wharton's campus where finalist teams present real early-stage impact ventures to a panel of industry judges, many drawn from the program's 5,000+ alumni, for the chance to win a $50,000 equity or debt investment.

Since its inception, Turner MIINT has benefited from the steadfast partnership of the Bridges Impact Foundation. Wharton Impact, the ICM Institute and the Turner MIINT community extend their deep gratitude to Bridges, who have served as co-producer for more than a decade. In recognition of their legacy, the student team with the best impact analysis each year will be awarded The Bridges Impact Prize.

"We are excited to welcome the ICM Institute as our new co-producer," said Bobby Turner, CEO and Principal of Turner Impact Capital and namesake of the Turner MIINT. "Their unparalleled network of leading impact investors and commitment to talent development will help take the MIINT competition to new heights."

Starting in the 2025 academic year, the ICM Institute will assume the co-producer role, working alongside Wharton Impact to shape curriculum, oversee operations, lead fundraising, and set strategic direction. Leveraging its affiliated association of 140+ leading private capital funds—managing more than $80 billion and invested in over 4,000 companies—the ICM Institute will deepen industry connections for participants.

Marieke Spence, Executive Director of ICM and ICM Institute, added: "Wharton Impact and ICM bring mutually beneficial strengths to Turner MIINT by combining top-tier academic programming and resources with ICM's network of investors, affording participants hands-on experience, career opportunities, and direct connections to industry leaders. Many ICM association members have already been deeply engaged in Turner MIINT as judges, mentors, and participants, ensuring student participants are informed and empowered to succeed beyond the classroom in an evolving and competitive marketplace. We are especially grateful to Brian Trelstad, Partner at Bridges Fund Management & Founding Board Member of ICM, for his leadership and advocacy in bringing this powerful new partnership into fruition."

Witold Henisz, Vice Dean and Faculty Director of Wharton Impact said, "The next generation of practitioners need rigorous tools to both measure impacts on natural, social, and human capital and assess the ability of business models to deliver financial outcomes tied to their impact potential. The Turner MIINT offers a rare combination of Wharton's analytical rigor, the applied insights of leading impact investors, now including the members of ICM, and the energy and creativity of a global network of students from dozens of top business schools. Together, we are creating a powerful pipeline of talent and ideas that will accelerate the scaling of impact investing—from a few trillion dollars today to the tens of trillions needed to address society's most pressing challenges—while ensuring that capital is deployed both effectively and responsibly."

Collectively, the winning Turner MIINT ventures have received more than $1.14 million in seed capital, with past investments including Edovo, Kumulus, and LearnSprout (acquired by Apple). The investment prizes, known as the Moelis Investment Prizes, are made possible with generous support from the Ron and Kerry Moelis Family Foundation.

Ron Moelis said, "This is not just an exercise; we have watched thousands of students learn by sourcing over 700 companies a year and conducting due diligence on these startup ventures. It has been a privilege to enable investments into the winning companies pitched by students."

As the Turner MIINT moves into this new phase, Wharton Impact and the ICM Institute remain committed to expanding access to experiential learning and developing the next generation of impact investors.

Graduate schools interested in participating in the 2025–2026 Turner MIINT cohort must complete enrollment by early September. Graduate school administrators, faculty members, and student leaders interested in joining the Turner MIINT school community can learn more at turnermiint.org

About the ICM Institute
The ICM Institute is the field-building, research, and education arm of Impact Capital Managers (ICM), a selective network of 140+ private capital fund managers investing for superior returns and meaningful impact. The Institute is the proud organizer of the Mosaic Fellowship, a competitive program placing top-performing graduate students at ICM member funds each summer. In partnership with leading impact investors in the industry, the Institute also publishes research and actionable insights including Impact Allocator Perspectives 2025: Opportunities and Risks in Evolving Private Markets, New Frontiers in Value Creation, and Strengthening Outcomes: Impact and Financial Value at Exit. Alongside Achieve Partners, ICM Institute co-produces the Better Money, Better World podcast. Learn more here.

About Wharton Impact
The Impact, Value, and Sustainable Business Initiative at the Wharton School (Wharton Impact) conducts evidence-based research on the gap between corporate and investors' impacts on natural, social, and human capitals and their financial valuations. Informed by this research, we offer 30+ courses that MBA and undergraduate students can assemble into a major and concentration, over a dozen co-curricular experiences, four Executive certificate programs, as well as speaker series, workshops, and events, and an expanding array of industry and policy convenings. We advance Wharton's best-in-class education of current and future leaders, equipping them with the tools, skills, and perspectives needed to navigate a more complex and interconnected world. Learn more here.

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SOURCE Impact Capital Managers