Beyond investing in social enterprises,other impact investment vehicles are also evolving fast, ranging from a variety ofinnovative impact bond structures to peer-to-peer funding platforms to seedstageinvesting forums. Still, the field is at an early stage of development, withparticipants grappling with a number ofhurdles such as agreeing on standardized impact metrics, finding optimalfinancing mixes,avoiding mission drift,and, of course, connecting investors whocan deploy “patient capital” with promisingsocial enterprises.
The purpose of this report is to offer investors and social entrepreneurs alike a better

understanding of these complexities.