Social Impact Investments: Does an Alternative to the Anglo-saxon Paradigm Exist?

This paper explores the characteristics of the Social Impact Investment (SII) market outside the Anglo-Saxon paradigm, questioning if alternative development models exist where traditional enablers (highly capitalised foundations, specialised intermediaries, state endorsement) are less prevalent. Focusing on the Italian context through the lens of network theory, the study analyses who plays a role in SII development and how actors organise under such circumstances. It contributes to understanding the diversity of impact investment ecosystems globally.