Can the ‘Chicago Model’ Work in Other Cities to Fill Social Capital Gaps? (Podcast)

Reactions to last week’s unveiling of Benefit Chicago recalls the story of the blind men and an elephant. Different folks saw different parts. The latest Returns on Investment podcast from ImpactAlpha looked at all aspects of the new $100 million fund. Listen to “Chicago Model” on Returns on Investment with Imogen Rose-Smith, Brian Walsh, and David Bank. Benefit Chicago will

ImpactAlpha’s #DealFlow 3.21.2016: Investments in Education and Financial Services for Low-Income Indians

This week in impact investing news: India is again a hotbed of impact investment activity, with new debt and equity capital targeted at education and financial services for low-income populations. Israel appears to be fertile ground for social impact bonds, with the latest effort aimed at diabetes prevention. And the Canadian impact investment hub MaRS

ImpactAlpha’s #DealFlow for Dec. 17, 2015: Weekly Roundup of Impact Investments

This week: “Sapphire” invests first $10 million in LatAm financial services; Leapfrog’s assets leap over $1 billion with OPIC investment; and the Calvert Foundation backs Medical Credit Fund’s strategy for financing developing-world health clinics. “Sapphire” Fund invests $10 million in LatAm financial inclusion. The new SFRE fund has made its first investments, committing just under $10 million in

Uneasy Blend of Investor Expectations: Five Ways to Build Better Capital Stacks

I recently sat around a table of investors charged with finalizing the structure of a global impact fund. I couldn’t help but hear the contradictions that laced the discussion. One public investor had a mandate to “catalyze private capital” but was unable to accept any terms considered subordinate to other investors. Another investor wouldn’t be able