1.3. Focus and Scope of This Report
The roadmap and recommendation content contained in this report segment “mainstream investors” into the following groups:
• Insurance companies
• High net worth/family offices
• Pension funds/endowments
• Liquid investment funds (mutual funds, hedge funds)
• Illiquid investment funds (private equity, venture capital
• Diversified financial institutions/banks (note that these investors frequently act as both asset owners and financial services providers)
This segmentation facilitates a meaningful analysis and the creation of logical frameworks in which content and recommendations can be targeted to specific investor types. It is recognized that this segmentation is imperfect and that there is diversity even within these groups. Offering complete roadmaps to suit every investor’s unique circumstances – given the uniqueness of organizations’ motivations, operational contexts and goals for impact investing – would be beyond the scope of any written report. This report will help the interested investor ask the right questions and seek the right assistance, and at times offer actionable strategies. Overall, the content of this report is meant to serve as a well-informed starting point for discussions internally within investment institutions and externally within the sector, not to provide custom-made answers. Consequentially, and by nature, each investor’s path into impact investing will be unique.
It should also be noted that while this paper has not been specifically written for investors and intermediaries currently focused on making impact investments, it may be interesting for such parties as they seek to raise capital from mainstream investors or learn more about how other investors approach impact investing.