Where is the capital?

1
Where is the capital?
LGT Venture Philanthropy
Sources BCG asset management industry survey
(July 2010) United Nations
Principles for Responsible Investment
J.P. Morgan Impact Investments An Emerging
Asset Class (November 2010) Monitor Institute
Investing for Social and Environmental Impact
(2009) Financial Times Global managed assets
rebound (2011)

2
Differentiating between Traditional Charity,
Venture Philanthropy and Impact Investing?
LGT Venture Philanthropy
High social return
Traditional Charity
Venture Philanthropy
Impact Investing
Negative financial return
Positive financial return
20
- 100
Low social return
3
Where are the investments?
LGT Venture Philanthropy
Traditional Philanthropy
Venture Philanthropy
Community Debt Financing
Angel Investors Social Venture Capital
Socially Responsible Investment
Traditional Capital
Source Jed Emerson The Blended Value
Proposition Integrating Social and Financial
Returns, 2003 Guide to Financing for Social
Enterprise, Small Business BC, 2003 Community
Development Investment Review 5.2 (2009)