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2023
Impact Investing Update
December 8, 2023
Getting granular on Impact investing performance
In the pursuit of creating positive change and getting a bang for LPs’ bucks—known as Impact investing—infrastructure assets have been the most-targeted investment over the past 15 years.
That has not changed, but the fresh capital coming into Impact strategies has: Through September, GPs’ fundraising was down significantly compared to 2022, but some big fund closures in Q4 could change the picture.
Our latest analyst note on the oft-misunderstood strategy delves deeper than ever, breaking fund data down by Impact categories and exploring returns on investment.
Table of contents
In the pursuit of creating positive change and getting a bang for LPs’ bucks—known as Impact investing—infrastructure assets have been the most-targeted investment over the past 15 years.
That has not changed, but the fresh capital coming into Impact strategies has: Through September, GPs’ fundraising was down significantly compared to 2022, but some big fund closures in Q4 could change the picture.
Our latest analyst note on the oft-misunderstood strategy delves deeper than ever, breaking fund data down by Impact categories and exploring returns on investment.
Table of contents
| Key takeaways | 1 |
| Introduction | 2 |
| IRIS+ | 3 |
| Impact funds statistics | 4 |
| Diving deeper: What is being impacted? | 11 |
| Perception versus reality: Impact performance | 15 |
| Who are the Impact investors? | 17 |