Y. Saltuk

"Impact assessment is a key component of managing an impact investment portfolio, and many investors today are building methodologies that bring value
beyond simply reporting outcomes.

For many investors, the impact goal is the common thread across a portfolio of various sector, geography and instrument types and this diversification can make choosing an impact assessment methodology challenging. As such, the process for developing a methodology is often an iterative one, refined with experience and data over time.

To help inform that iterative process, this research presents sixty-eight case studies from twenty-one leading impact investors that share best practice and
debated viewpoints on impact assessment along the investment process."


"Impact investments are investments intended to create positive impact alongside financial return. Over the past few years, traditional investors have been increasingly interested by the nascent impact investment market and in 2010, the Global Impact Investing Network ("GIIN"), the Rockefeller Foundation and J.P. Morgan collaborated on a piece of research titled "Impact Investments: An Emerging Asset Class", which examined the market landscape, the characteristics of investments, and the size of potential investment opportunities.

This year, the GIIN and J.P. Morgan have partnered on an expanded survey, capturing data on over 2,200 private transactions totaling over USD 4bn of investment. In complement to this investment survey, we also surveyed investor views on investment philosophy and the overall development of the sector. The 2011 survey returned data from a broader and more geographically diverse pool of respondents. The questions explore returns, risk and impact measurement practices in more depth and also gauge general market perceptions."


"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."