Choosing Social Impact Bonds: A practitioner’s guide
17 November 2014
Currently there are 26 Social Impact Bonds currently in operation in the UK, with dozens more in development globally. As a response to growing demand from value-led investors, Bridged Ventures and Bank of America Merrill Lynch propose a new guide to the social investment market.
The report focuses on the development of first-generation Social Impact Bonds and early social investors, developing a set of recommendation on design and maximising impact.
For investors, the report recommends engagement from the start of their investment, influencing service delivery beyond signing cheques to help deliver financial returns and positive social outcomes. This will require investors to take a ‘hands on’ approach from the outset. Where investors do not have the capacity or capability to do this directly, they might engage advisors or specialist fund managers to do this on their behalf.
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. You can download the report in full here