IMPACT 101: What is quasi-equity, and how does it work in practice? Why choose a convertible loan? FASE's Markus Freiburg explains all in our latest impact economy explainer.
Covid-19 has highlighted the fact that many common forms of social investment are inflexible and have failed the social enterprises they seek to support, says Ben Smith, head of social investment at Esmée Fairbairn Foundation. But being patient and flexible is not without its challenges.
In the first of a series looking at 'patient, risk bearing' capital, Duncan Brown asks why social investment is so dominated by short-term, rigid debt instruments – and why there's so little support for higher risk, high return social innovation.
Where are the angels? Equity and ‘equity-like’ investment is a key growth tool for many social ventures but the impact investing community has failed to build trust, demand or the right products, new research suggests.
