An interesting new report on SIBs from Bridges Ventures, and Bank of America Merill Lynch kicks off the week in SIB News
New Report Reveals Practical Recommendations For Social Impact Bonds As Investor Interest Grows
Angel News
With 26 social impact bonds (SIBs) currently in operation and dozens more in development globally, the sector is attracting increasing interest from investors seeking to align their values with their investments.
In light of this significant global momentum, a new report launched today by Bank of America Merrill Lynch and Bridges Ventures provides a timely guide to help those involved in the sector set themselves up for success.
Entitled Choosing social impact bonds: A practitioner’s guide, the report is the first piece of research that has looked globally across the initial wave of SIBs, capturing insights from early movers and reflecting on the lessons learned so far. The findings have been used to develop practical recommendations, including advice on design and how to maximise the impact of SIBs for three core groups: commissioners, service providers and investors.
The report was conducted by Bridges Impact+, the advisory arm of Bridges Ventures that seeks to promote the growth of the sustainable and impact investment sector by offering practitioner-led advisory services. This is the second research collaboration between Bridges Ventures and Bank of America Merrill Lynch that earlier this year published ’Shifting the Lens: A de-risking toolkit for Impact Investment’.
A copy of the report can be downloaded here.
Investment Fund For Social Enterprises In Asia Targets Growth Capital Gap
Anne Field – Forbes
There’s a dearth of growth capital available for social enterprises in Southeast and South Asia.
With that in mind, Singapore-based Impact Investment Exchange’s(IIX) Impact Partners is launching a new growth fund on Nov. 6 called, appropriately enough, IIX Growth Fund.