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Investment

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"The study reviews the current state of impact investments in Singapore and Hong Kong, particularly those that have engaged with foundations. It further looks at the trends and challenges of the impact investment sector before presenting a list of recommendations."

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"This research note asserts that impact investment, which is intended to create positive social or environmental impact beyond financial return, constitutes a new asset class. The report also includes the first large-scale data analysis of return expectations from more than 1,000 impact investments and compares them to established benchmarks for emerging and developed market debt and equity returns. We hope this report helps to advance a broader understanding of impact investing as an appropriate and economically effective way to complement government and philanthropy in solving the world's greatest problems at scale."

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"Unitus Seed Fund has published a guide that has combined the methodology and approach the organization applied to designing to an impact measurement framework and consists of templates by sector for multiple types of businesses that can be downloaded for use."

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"The following document presents five case studies to demonstrate how a diverse group of organizations have developed sound impact measurement practices, including how the seven guidelines are being applied in the organization, as well as the organization’s impact measurement practices, the contextual factors that shaped their impact measurement approach, how they involved key stakeholders along the way, and key “impact measurement lessons.” These case studies – which are highly diverse in nature – aim to help investors and investees translate the seven guidelines for impact measurement into an impact measurement approach that is right for them."

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"Impact due diligence creates value for a broad range of stakeholders across the impact investing ecosystem, including impact investors, investees and the field at large. Key benefits include fostering internal alignment around intended impacts and priorities, deepening understanding of investees’ activities, supporting the construction of more positively impactful portfolios, improving investor and investees’ ability to communicate impact, strengthening relationships between investees and investors, and increasing firms’ ability to attract additional capital. In combination, the benefits of widespread adoption of impact due diligence should attract additional capital to the field and thereby foster the formation of more inclusive and sustainable financial markets."Impact Due Diligence: Emerging Best Practices" is the first of two reports intended to elevate the practice of impact due diligence."

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"The following case study offers a micro-level analysis of a social impact company in East Africa and their approach to measuring social impact. In this policy paper, Public Policy Fellow Jamie Van Leeuwen and Michael Feinberg analyze the case study of Staffable, a social impact company in Kampala, Uganda and their approach to measuring the efficacy of social impact. They provide policy recommendations on how philanthropists, investors, and non-governmental organizations can standardize performance metrics to measure social impact investing, as well as recommend investments in workforce development in order to reduce dependency."

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"This report aims to capture characteristics of the impact investing sector in Latin America over the past two years based on a sample of impact investors active in the region. Through institution-level and deal-level data shared by these investors, this report gives a snapshot of where and how capital is being allocated and identifies challenges that the ecosystem faces. The report focuses on the region widely while taking a deeper dive into three of the region's largest markets: Brazil, Colombia, and Mexico."

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"In September 2020, the Aspen Network of Development Entrepreneurs (ANDE) published a study titled “Impact Investing in Latin America”, which examines trends in the region during 2018 - 2019. Below is a spotlight on Central America, which uses data from the full report to highlight key trends in Central American countries during this two year period."

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"The Impact Investment Landscape in Brazil is a follow-up to the study launched by the Aspen Network of Development Entrepreneurs (ANDE) and the Association for Private Capital Investment in Latin America (LAVCA) in October 2018. This national report is based on a sub-sample of the 67 survey respondents from the Latin America study, of which 29 are active in Brazil and 22 invested in the country during the period 2016-2017. Most of them identify themselves as impact investors or managers of private equity or venture capital funds. The report provides data on the profile of the active investors, investment activity for 2016-2017 and expectations for investment in Brazil in 2018-2019."

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"This guide aims to educate social enterprises, incubators, accelerators, capacity developers, and investors on impact investing. It includes relevant laws and potential structures to access impact investing funds and can be used as a resource when entering investment negotiations. This guide unpacks the underlying causes behind less-than-efficient impact investment markets and was written with two goals. First, by setting out basic guidelines, we wish to help those already in the investing space and interested in getting involved in impact investing determine the right approach from the investors' and the social entrepreneurs' perspectives. Secondly, we wish to offer practical advice based on our experience, where we have witnessed critical impact investment discussions. In this paper, we will attempt to bridge the gap between theory and real-world implications, particularly in the Indian context."

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