Wayne Silby

Wayne SilbyCalvert Investments and Calvert Foundation

Wayne Silby is not only one of the fathers of the Social Venture Network, he is also regarded as a pioneer of social investing. Silby, along with John Guffey co-founded a mutual fund firm the Calvert Group (now called Calvert Investments) in 1976. Then in 1982, Silby started the Calvert Social Investment Fund, one of the earliest mutual funds dedicated to socially responsible investments (SRI). Today, Calvert Investments is, a $12 billion investment management group in Bethesda, Maryland offering the broadest array of SRI strategies to individuals and institutions. Wayne continues to serve as president of Calvert Social Investment Fund.

Additionally, Wayne is co-chairman and Finance Committee Chair of the Calvert Foundation, a distinct business entity and independent 501(c)(3) nonprofit corporation incorporated in 1988. The Calvert Foundation’s current programs were launched in 1995, the result of a collaboration between Calvert Investments, Inc. (formerly Calvert Group), the socially responsible mutual fund company, and the Ford, MacArthur and Mott Foundations. Currently, Calvert Foundation has nearly $200 million invested in 250 community organizations in all 50 states and over 100 countries. The
nonprofit holds the belief that everyday people, not just institutions, can make investments that lift people out of poverty while also earning a financial return.

Back in the 80s, Silby was one of the early business leaders committed to social change. In 1987 he joined up with Josh Mailman and they convened the first gathering of what would become known as the Social Venture Network member community, to discuss the intersection of values and business. Six months later, 100 people attended SVN’s second gathering, where the blueprint for the organization was presented. Silby has also taken a strong interest in advancing underserved communities. He chairs the China Committee of Grameen Foundation USA and has worked to secure investments for communities in China through the Calvert Social Investment Fund. He also started an OPIC private equity fund focused on Central Europe, called the Emerging Europe Fund for Sustainable Investment.Back in the 80s, Silby was one of the early business leaders committed to social change. In 1987 he joined up with Josh Mailman and they convened the first gathering of what would become known as the Social Venture Network member community, to discuss the intersection of values and business. Six months later, 100 people attended SVN’s second gathering, where the blueprint for the organization was presented. Silby has also taken a strong interest in advancing underserved communities. He chairs the China Committee of Grameen Foundation USA and has worked to secure investments for communities in China through the Calvert Social Investment Fund. He also started an OPIC private equity fund focused on Central Europe, called the Emerging Europe Fund for Sustainable Investment.