Tying Fund Manager Returns to Impact Outcomes | July 22, 2015




Transform Finance Investor Network Webinar Recordings show

Summary: How can one ensure a focus on mission for an impact fund? How about tying fund manager compensation to impact metrics? We looked at this issue through the lens of news media companies, which have historically dealt with the tension between mission and market. But what about the incentives to the investors? An innovator in this area is TFIN member Media Development Investment Fund (MDIF), an impact fund that finances independent media companies around the world. Harlan Mandel (CEO) and Evan Tachovsky (Impact Officer) discussed how MDIF embedded social impact performance in the equity fund's design and how the framework was adapted from MDIF's general portfolio impact assessment strategy. [These "podcasts" are the direct audio recordings of TFIN Webinars. As the original format was a video webinar, please excuse any brief technical difficulties and note that presenters may refer to slides. To watch the TFIN webinar recordings with their corresponding slide decks, please visit http://transformfinance.org/investor-resources/.]