This article discusses the growing social impact investing sector (often described as “impact investing”) and highlights the increasing use of social impact bonds and social impact funds to fund and deliver positive social impact around the world.

The article is divided into three parts. Part I is an introduction to impact investing and describes the various forms of impacting investing. Part II focuses on the rise of social impact bonds, their typical structure, and legal considerations. Part III describes the role of private equity in impact investing and considers whether private equity can be an effective means of financing impact bonds.

Please see the attached .PDF for the full article.