Applied Science and Engineering and the Rotman School of Management. Impact investing Skoll was one of the earliest proponents of socially responsible investing, called "impact investing", through which he invests in for-profit companies whose mission is to deliver both social impact and financial returns. In 2001, Skoll created Capricorn Investment Group "on the premise of socially responsible investing" and the firm now oversees more than $5 billion in client assets and another $3.5 billion in partnership with other organizations. According to Forbes, a "significant portion" of Capricorn's assets "has been put to work backing mostly private companies that are in some way aiming to help the environment and combat climate change". Capricorn's early investments included electric carmaker Tesla, Inc., battery technology developer QuantumScape, and air taxi developer Joby Aviation. Other investments include private equity fund Encourage Solar Finance to promote rooftop solar installations in India. In 2016, Skoll, along with Bono and investment firm TPG, co-founded The Rise Fund, a $2 billion social-impact fund with "a series of strict metrics by which to measure social impact". Rise's investments fall across seven sectors, including agriculture, education, and healthcare, and since 2017, "Rise has invested in more than 25 growth-stage companies that are making a measurable positive social and/or environmental impact". Other Activities As of November 2022, Skoll became a minority owner of Monumental Sports & Entertainment, which owns the NHL's 2018 Champion Washington Capitals, NBA's Washington Wizards, NBA G League's Capital City Go-Go, WNBA's 2019 Champion Washington Mystics, NBA 2K League’s 2020 & 2021 Champion Wizard District Gaming. Monumental Sports additionally owns Capital One Arena in Washington, D.C., NBC Sports Washington and manages the MedStar Capitals Iceplex and George Mason University's EagleBank Arena. Personal life In 2014, Skoll married television executive Stephanie Swedlove. In January 2019, it was announced Skoll had filed for divorce from Swedlove. Honors and Awards Bloomberg Business Week's list of most innovative philanthropists (2002–present) National Leadership Award for Commonwealth Club Silicon Valley (2004) Outstanding Philanthropist Award from the International Association of Fundraising Professionals (2003) Outstanding Philanthropist Award from the Silicon Valley chapter of the Association of Fundraising Professionals (2002) Honorary Doctor of Laws degree from the University of Toronto (2003) Time Magazine's 100 People of the Year (2006) Wired Magazine's Rave Award (2006) He was made an Officer of the Order of Canada "for his generous commitment to social causes and for his innovative practice of philanthropy."