Blog — Investing in America

Apr

28

2026

Five Ways Government Can Invest in America

Everyone knows government spends money. Fewer people remember that government also invests it. And has a track record of using investment and capital market shaping to drive private capital into places it would never go alone. In his latest Investing in America column for ImpactAlpha, Antony draws on examples from the 30-year mortgage to the Small Business Investment Company program to show how public investment tools can expand opportunity without running up the federal credit card. The lessons are bipartisan and, he argues, overdue for revival.

Read Full Article at ImpactAlpha →

Apr

20

2026

Shaping Capital Markets to Expand Affordable Energy Across America (new teaching case)

Antony co-wrote a case with Columbia Business School on Climate United, a $7 billion investment fund set up with federal funding to finance access to clean energy investment in underserved US communities. The case explores a core strategic challenge: how to build a self-sustaining investment portfolio while removing barriers to mainstream investor participation. Its broad insights into effective capital market shaping strategy are applicable beyond clean energy, for other issues the book discusses, such as affordable housing and employee ownership. Available now for teaching through Harvard Business School Publishing.

Access the Case at Harvard Business School Publishing →

Mar

31

2026

Don't Hate the Player. Change the (Employee Ownership Financing) Game

Was KKR paying ~$150 million in worker bonuses last week from their sale of a Canadian industrial cooling company good for workers? Antony argues that we should spend less time debating what KKR did and instead focus on supporting the investors creating better options for workers to compete with private equity themselves. This Investing in America column for ImpactAlpha draws on the book's chapter, "Everyone Should Be Able to Earn Their American Dream."

Read Full Article at ImpactAlpha →

Mar

16

2026

Out of Stealth Mode

Antony introduces Investing in America in a LinkedIn post. Check it out and join the conversation.

Read on LinkedIn →

Mar

16

2026

Benjamin Franklin: Founding Father and OG Investor in America

You may know him as a Founding Father. You may not know that Franklin set up revolving loan funds in his will to help young tradespeople become business owners. In his first Investing in America column for ImpactAlpha, Antony draws a line from Franklin's 18th-century bet on working people to the innovators following this legacy across America today.

Read Full Article at ImpactAlpha →