Do investors care about impact? Often, no: they're more focused on the warm fuzzy feeling of 'doing good'. But some are accepting moderate returns for more impact, and they're crucial to the growth of early-stage social enterprise.
PLUS: US philanthropy heavyweights back new ‘Tipping Point Fund’; new blended finance agribusiness fund makes first investment, UK universities set up responsible investment network, and more.
Impact investing has become obsessed with metrics, strategy and tactics – but we’re barking up the wrong tree entirely, says Jed Emerson: instead of arguing about the ‘how’, we need to explore the ‘why’.
