In Search of Gamma an Unconventional Perspective on Impact Investing

  • December 2015
  • Case Study
  • Publisher : IESE Business School, University of Navara
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This research introduces an unconventional perspective on impact investing, focusing on the concept of “gamma” as a measure of non-financial impact. It posits that true impact investing entails no trade-off between profit and social impact, as the two are positively correlated. The report identifies different investor types and proposes a novel “gamma model” for impact metrics that respects individual objectives while allowing for overall assessment. It emphasizes strategic approaches, deal sourcing, and continuous impact assessment for successful impact investing.

Author(s) :

Uli Grabenwarter, Heinrich Liechtenstein

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Key topics

Innovative Finance/ Blended Finance

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