When you want to make a difference, invest locally.
Guiding investors to local investments that fit well with their personal goals and make important improvements to their communities
To help high-net-worth individuals, families and organizations invest some of their dollars to make a purposeful difference in their communities.
Find the local opportunities and get the information and analysis needed for thoughtful decisions. The InLocalyst team will help you:
We, at InLocalyst, are local investors too. This is our forte. We continuously monitor the local landscape in order to share opportunities with you that may match your investment goals. We will review and conduct the due diligence necessary for those opportunities that you find interesting for both their financial sustainability and their impact and will follow it to determine how successful they are.
The first step for clients is collaborative, straightforward, and even enjoyable. We use stories about real impact investment opportunities to uncover the beliefs and factors that matter most to you, and use that experience to develop your local investment strategy. Through this process, an InLocalyst guide will assist you in defining local impact goals and developing a local impact portfolio strategy. In a short time, your InLocalyst guide will help you determine the portion of your portfolio that will be allocated to local investments and find highly interesting investment opportunities tailored to you.
The second step for new clients is opportunity matching. Your Inlocalyst guide has a deep understanding of the impact investment opportunities in your community. Impact can run deep. Knowing what you want to accomplish, your guide will identify and present a set of current local investment opportunities for you. All opportunities we present will have successfully passed the first phase of our due diligence process, which looks at the financial and impact soundness and potential of the investment. Then take your time! We want you to find the right investment, not necessarily the first one.
The third step for clients is to receive deeper analysis on chosen investment(s). We will conduct more rigorous due diligence, which assesses the potential of the opportunity to provide target returns and local impact, giving you the detailed information you need to make a final investment decision. Once you do, we will work with you and your investment advisor to efficiently structure and facilitate your investment as a locally focused part of your overall portfolio.
Knowing how investments are progressing is important. Most of our clients want their investments monitored and tracked to ensure that they are having the impact they intend and that they continue to fit with their impact and portfolio goals. When you choose to work with us on an ongoing basis, we will provide regular updates on new investment opportunities that fit with your goals and track and report on the financial and impact progress of the local investments you’ve made. As your investment strategy evolves, we will be there to help refine it. If desired, we can connect you directly to the management teams behind the investment(s). In so doing, you can meet some truly impressive people and may find even more powerful ways to support your community.
The only way to support informed investment decisions is through appropriate, sophisticated, and unbiased analysis. Our due diligence process, built to provide that level of analysis, has been crafted to accomplish four important goals:
Assess local impact investment opportunities across asset classes.
Create a transparent process for investors and those offering opportunities.
Conduct a detailed and efficient analysis with clear outputs for consideration.
Provide learnings that give investors a better understanding of how deeply their dollars can have impact and give those investees with opportunities a way to see how they can become more investible.
Our due diligence process has three phases: Company and Deal, Products and Markets, and Exits and Impacts. During each phase we systematically evaluate several areas, covering multiple topics, each of which we score on a four-point scale (High, Strong, Moderate, and Low). All topics also have disqualifying criteria that, if applicable, may end the due diligence assessment and eliminate the investment opportunity from consideration. InLocalyst’s team members score each topic and produce a clear and concise report that provides investors with our overall assessment and an in-depth summary of our due diligence findings that supports the scoring.
Before we introduce any investment opportunity to our customers, Phase I focuses on understanding critical factors of an organization including its leadership, history, finances, impact potential, operations and the investment terms. Any opportunity that does not pass our Phase I analysis is not included in the portfolio of deals we present or follow.
In Phase II, we seek to understand the investment opportunity’s products and services, the market opportunity for them, and the competition they may face, helping us understand the business’ potential. It is the most time- and resource-intensive part of our due diligence process but, given our knowledge of strategic market assessment, potentially the most beneficial to investors and entrepreneurs. Remember, impact depends upon sustainability.
In Phase III, we independently assess the potential for local impact of the investment opportunities and evaluate potential exits for investors. The work we conduct in Phase III is primarily analysis building from the information we collect from Phases I and II. As we evaluate potential impact, we also consider how that impact will be measured for concise and accurate reporting back to our clients. Our goal for impact measurement is to have a small set of metrics that are easily measured and clearly track impact progress.
Our fees are based simply on the level of depth of coverage and services you wish to access. We charge in accordance with the work we do, not based on the amount of the investment or returns (financial or impact). When doing the same similar work for multiple clients, we can lower costs for each client by cost sharing.
Richard’s strength is finding you the best opportunities through his knowledge of and connections with the community.
Richard Binswanger has long been involved in Philadelphia’s Community Impact Scene as an investor, connector, and developer of opportunities. As one of the co-founders of ImpactPHL, he has helped organize and strengthen Philly’s growing Impact economy. A pioneer in using technology in education, he has worked with a number of education startups to bring them forward and grow. Richard realized that there were so many outstanding and worthy organizations fighting for too small a pool of dollars that he turned his attention to ways of bringing more capital to the table. His forte has been identifying unknown or less known founders and opportunities of potential and providing them pathways for a surer footing.
He has served as a founding board member of Philadelphia’s GreenLight Fund (Advisory), the Philadelphia School Partnership (K-12 Education), and The Movement Disorder Center (Parkinson’s Disease), CB Community School (Older Foster Care), and was an early advisor to the University of Pennsylvania’s Entrepreneurship in Education Program. He was the 1st Board Chair for the National Foundation for Celiac Awareness (now Beyond Celiac), Startup Corps (Student Entrepreneurship) and Believe in Students (Meeting Basic Needs for College Students), and has co-chaired the United Way of Greater Philadelphia and Southern New Jersey’s Innovation Committee.
Scott brings you his deep experience in impact work and active impact investing.
Scott trained as an environmental engineer. He has over 40 years of international experience in consulting, business management and impact investing. He has held numerous director and C-level international corporate management positions in engineering, commodities, information technology, marketing, and strategy. He founded the consulting firm Strategy Arts, a “founding” B Corp, where he built his deep understanding of Philadelphia and its challenges through work with nonprofit and government clients addressing poverty and public health in the region. His national clients include the National Cancer Society, the National Institutes of Health, and the Congressionally Directed Medical Research Program. Recently, Scott was awarded a Directors Award from the National Cancer Institute for his work with the President’s Cancer Panel.
Scott is an active member of Philadelphia’s impact community. He is the chair emeritus of the local Philadelphia B Corps collaborative group, B Local Philly. He is an active impact angel investor with the Philadelphia chapter of Social Venture Circle (SVC) where he advocates for and deploys capital for startups addressing climate change and to Black, Indigenous and People of Color and women-owned businesses. He also runs his own investment firm, OS Impact Investments, LLC, which focuses on investments to address the global carbon crisis and serves on the boards of three Impact-focused startups.
Karyn is your translator and bridge builder, helping you break down complexities in finance and policy and connecting communities and solutions.
Karyn Polak brings to InLocalyst her extensive financial services and legal expertise across the spectrum of traditional finance – consumer banking, brokerage and wealth management, investment banking and institutional asset management, and insurance and retirement.
In 2022, Karyn founded Shift the Prism Advisory to support changes in mindsets, systems, and approaches to capital and development. She previously served as a senior counsel, trusted advisor, and C-suite executive in her various roles at Citigroup, PNC Bank, and Transamerica – from her first senior position as General Counsel for Citi Private Bank to her most recent as Chief Legal Officer for Transamerica. She also has over a decade of experience advising global financial institutions, multinational corporations, and family businesses in corporate finance, securities, and mergers and acquisitions at three top-100 U.S. law firms.
Throughout her career, Karyn has consistently sought to reduce inequities and increase inclusion through concrete contributions as a business executive, board member, mentor, and community convener and connector. She serves as advisory and governance board member for various for-profit and non-profit entities and industry groups in Philadelphia, Baltimore, and nationally. She’s also a devoted mother of two young adults and a doting labradoodle and a dedicated multi-sport athlete who loves to cook, travel, read, and most importantly continue to learn.
We came together, as each of us believe that a properly placed investment is an underutilized way to change our communities for the better. We have delved deeply into what are the needs, possibilities and opportunities in our region. As investors ourselves, we understand the idiosyncratic ways that investors make their decisions. We will ensure that whatever you decide to invest in our community, the decision will be made thoughtfully, wisely and aligned to your goals.