Foundation or philanthropic investor
Heading for Change
Founded in 2010, Heading for Change is a donor-advised fund that was launched with an endowment by Suzanne Biegel and Dani Maskit. Its investment strategy is to provide catalytic funding and grants that accelerate proven solutions to the climate crisis while also advancing gender equity. The organisation's approach is to build a demonstration portfolio of private market funds that invest at the nexus of climate solutions and gender equity. Heading for Change believes that by investing in gender-smart climate fund managers and the innovators they support, it can help vital climate solutions reach the market, scale, and drive change.
Investment focus
- Sectors
- Energy and power
- Stages and strategies
- SeedGrowthFund investments
- Regions
- Northern Africa, Eastern Africa, Western Africa, Central Africa, Southern Africa
Fund commitments
- Climate Assets Fund I
- The 22 Fund I
- Acumen Climate Action Pakistan Fund
- KawiSafi Fund II
- MCE Empowering Sustainable Agriculture (MESA) Fund
- Colossa WomenFirst Fund
- Middle to East Innovation Fund
- Regenera Ventures I
- NDN Fund
- EcoEnterprises Partners IV, LP
- Sahara Impact Ventures Fund I
- Circulate Capital Ocean Fund LAC
- AC Ventures Climate & Sustainability Fund
- WaterEquity Global Access Fund IV
- Catalyst Fund I
Sources
- Partner Researchers, accessed 14 November 2026
- https://www.headingforchange.org/demonstration-portfolio/kawisafi-fund, www.headingforchange.org. Accessed 14 November 2026.
- https://www.mcesocap.org/mce-social-capital-announces-final-close-of-mesa-fund, www.mcesocap.org. Accessed 14 November 2026.