Impact investments meeting financial expectations, exit study finds
The majority of impact investments are meeting or exceeding financial performance expectations, according to a study released Wednesday by ICM Institute, a non-profit research arm of the Impact Capital Managers, an association of private capital funds, and global law firm Morrison Foerster. The report, "Alpha in Impact: Strengthening Outcomes: Impact and Financial Value at Exit," covers a sample of 230 exits from ICM members managing market-rate impact funds. It found that 65% of impact exits met or exceeded financial performance...
