From Ex Post to Ex Ante: The State of Underwriting for Impact
Michael Etzel, The Bridgespan Group
Most investors rely on intuition to inform their impact investing practices. This means “impact” is often defined and measured after an investment is made, leaving the field open to impact washing. In this panel, we will highlight best practices from leading investors focused on shifting impact assessment to before a deal is closed. The discussion will focus on what it takes to successfully underwrite for impact.
impact investing; impact washing; underwriting
Michael Etzel, Partner, The Bridgespan Group (moderator) Samantha Duncan, Head of Impact, LeapFrog Investments Mike McCreless, Senior Director of Strategy and Impact, Root Capital Jessica Kiessel, Head of Impact and Learning, Omidyar Network
Maya Chorengel, Senior Partner, Impact and Financial Services Sector Lead, The Rise Fund