We believe that the wellbeing of people and the planet are inextricably linked. Nurture people and nature, and business thrives. For more than twenty years, we have been putting our money where our mouth is by growing the Natural Capital Fund. As an investment tool and Ecotrust’s working endowment, the Natural Capital Fund is building a new economy from California to Alaska, one that creates jobs and generates profits while improving the lives of everyday people and the natural environments in which they live. In this publication, we trace the history of the Natural Capital Fund through its most important investments, and we explore some vital lessons for a growing global community of impact investors.