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Spectrum of impact investing brian walsh - liquidnet - tbli


TBLI CONFERENCE™ is the prime annual global networking and learning event on Environment, Social, Governance (ESG) and Impact Investing. …

TBLI CONFERENCE™ is the prime annual global networking and learning event on Environment, Social, Governance (ESG) and Impact Investing.

Monday and Tuesday, June 17-18, 2013

Paul Rose
Vice President of the Royal Geographical Society
Richard L. Kauffman
Chairman for Energy Policy and Finance for the State of New York - Governor of New York's Office and Cabinet - United States of America
Martin Rapaport is chairman of the Rapaport Group and founder of the Rapaport Diamond Report

Published in Economy & Finance
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  • 1. FINANCIAL INVESTING Investors Impact Investors Philanthropists Unsustainable Investing Socially Responsible Investing (SRI) Sustainable Investing (ESG) Indirect Impact Investing Direct Impact Investing Venture Philanthropy Charitable Giving Profit- maximizing enterprises that do not consider social or environmental impact Profit- maximizing enterprises in industries not considered ethically compromised Profit- maximizing enterprises that incorporate environmental, social, and governance (ESG) considerations Profit-maximizing social enterprises that generate social or environmental value through their business model Profit-oriented social enterprises with impact built into the business model, balancing impact with financial returns Non-profit social enterprises that generate some or all of their revenues from business activities Non-profit social enterprises that rely completely on charitable donations Financial Screen Only Financial & Negative Social Screen Financial & Positive Social Screen (ESG) Financial Screen, then Social Impact Social Impact, then Financial Returns Organization’s Performance, Scalability, and Sustainability Organization’s Performance FINANCIAL INVESTING IMPACT INVESTING PHILANTHROPY Fully Commercial Enterprises + Impact-Oriented Enterprises There is a spectrum of investors, capital, and enterprises © 2013 Liquidnet Holdings, Inc.
  • 2. Any investment that supports economic development in an underserved geography Investments in enterprises that operate in accordance with social and/or environmental considerations Investments in enterprises that provide goods or services that inherently have impact Investments in enterprise that disrupt an industry, creating a sustainable new way of doing business Within impact investing, there is a range of impact theses Place Process Product Paradigm * With thanks to Brian Trelstad of Bridges Ventures © 2013 Liquidnet Holdings, Inc.
  • 3. High-Growth Potential Social Businesses with Demonstrated Impact SUPPLY Impact Investing Products Seeking Capital to Scale DEMAND Impact-Intentioned Capital Seeking Financial & Measurable Social/Environmental ReturnsMARKET INFRASTRUCTURE Tools & Systems to Connect Capital with Enterprises Seeking Investment ENABLING ENVIRONMENT Impact-Focused Funds with Capable Management Retail Investors Institutional Investors High Net Worth Investors Supportive Policy Framework Education/Training for Business Managers & Investors Communities of Practice: Networks & Associations Research & Knowledge Sharing Commonly Agreed Upon Metrics What’s needed to accelerate impact investing? © 2013 Liquidnet Holdings, Inc.