II Market
“Investments made into companies, organizations, and funds with the intention to generate social or environmental impact alongside a financial return.”
What is the definition of impact investing?
The five dimensions of impact
What are: What, Who, How Much, Contribution and Risk?
The definition of an efficient impact frontier
True or False: asset owners only care about positive impacts
What is false, as many care about reducing harm as well as benefitting stakeholders or contributing to impact?
Your favorite guest speaker in the class and why
Who is: Luba Shabal of Closed Loop, Laura Mixter of LISC, David Kirkpatrick of SJF Ventures, Doug Kauffman of Belongingly, Meredith Heimburger of GEM, Erika Seth Davies of Racial Equity Action Lab, Sarah Gelfand of BlueMark, Jordana Pleat of Capshift, Ishita Shah of Align, or Tamara Larsen of Mercer?
According to the GIIN, the current size of the impact investing market
What is $1.571 trillion?
What are counterfactuals?
Key lessons of SJF's exit from Transloc
What is an impact fund cannot always control exit success along financial and impact factors?
The total amount of assets being raised in 2021 for gender lens investing, according to Project Sage
What is $13 billion?
The difference in financial returns between self-managed vs. outsourced endowments, according to GEM
What is 6.3% annual return?
The decrease in ESG assets in 2023 according to the USSIF, which is equal to this percentage of US managed assets
What is from $16T to $8T? And it is 1 out of every 8 dollars under professional management in the US, or 13%.
The 4 universal steps of IMM
What are set strategy, integrate, optimize and reinforce?
The two most important dimensions for LISC when impact rating a potential investment
What are Community-Centeredness and Effectiveness (scale, depth, duration)?
The 6 lenses of gender lens investing
What are:
investors, supply chain, access to capital, leadership, products and services and workplace equity?
The two advantages of engaging an OCIO like GEM, according to Meredith
What is 1) to integrate governance and accountability into asset management, and 2) to leverage broad experience across many clients?
This term is used to describe a fund that focuses on specific industry or industries that is/are likely to have impact AND generates market rate returns
What is thematic?
The golden rule of IMM
What is... always define outcomes from the perspective of the stakeholder who experiences them?
Two things that MUST be aligned for a new asset management fund working to create impact
What are its impact thesis and investment thesis?
According to BlueMark's 2024 Making the Mark report, the percentage of verified investors that regularly assess their potential investor contribution to impact prior to making an investment
What is 75% (up from 68% in 2023)?
The difference between ESG and Impact Investing
What is reducing material environmental, social and governance risks to the company's bottom line (ESG) vs. investing for specific external stakeholder outcomes (Impact)?
The number of GIIN survey respondents to their 2024 sizing the market survey.
What is 3,709?
The actual definition of impact
What is a change due to an intervention that is different (with statistical significance) that what would have happened anyway?
Root capital's rationale for rating its loans and then correlating them to financial return
What is to justify its ongoing need for subsidy?
The largest percentage of C-type investments you could get in one of GEM's three portfolios.
What is 30%?
According to Erika Seth Davies, this is the definition of racial equity.
What is the condition that would be achieved if one's racial identity no longer predicted, in a statistical sense, how one fares?