Striving for value-adding impact means demanding additionality.
There is a presumption that impact investors are shouldering unique burdens to achieve impact, but is this true?
To answer this question, Michael Brown, Head of Research at the ESG Initiative, and Wharton Professor of Management Katherine Klein, in collaboration with other members of the Impact Finance Research Consortium, administered a rich, multifaceted survey to over 200 impact fund managers across the globe (particularly in private equity and venture capital). They asked about investor relations, impact measurement, relations with portfolio companies, and, among other issues, the difficulty of impact investing, aiming to dig deeper into more substantive questions of how impact investors carry out their work.
