Impact investment : a practical guide to investment process and social impact analysis + website /

Apply a rigorous investment process and integrate social impactanalyses to successfully select and invest in social impactinvestments Impact Investment: A Practical Guide to Investment Processand Social Impact Analysis is a must-read guide for investorsand wealth managers entering the social finance...

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Bibliographic Details
Main Authors: Allman, Keith A., 1977- (Author)
Group Author: Nogales, Ximena Escobar de
Published: John Wiley & Sons, Inc.,
Publisher Address: Hoboken, New Jersey :
Publication Dates: [2015]
©2015
Literature type: eBook
Language: English
Series: Wiley finance series
Subjects:
Online Access: http://onlinelibrary.wiley.com/book/10.1002/9781119009801
Summary: Apply a rigorous investment process and integrate social impactanalyses to successfully select and invest in social impactinvestments Impact Investment: A Practical Guide to Investment Processand Social Impact Analysis is a must-read guide for investorsand wealth managers entering the social finance investment spaceknown as ""impact investing."" This book walks readers through thedemanding task of properly executing an impact investment strategy,providing solutions to some of the most vexing challenges thatarise when investing for both financial return and social impact.Readers will learn how.
Item Description: Includes index.
Carrier Form: 1 online resource.
Bibliography: Includes bibliographical references.
ISBN: 9781119009825
1119009820
9781119009801
1119009804
1118848640
9781118848647
9781119009818 (ePub)
1119009812 (ePub)
Index Number: HG4515
CLC: F830.59
Contents: Cover; Title Page; Copyright; Contents; Preface; Acknowledgments; Chapter 1 Introduction to Impact Investing; What is an Impact Investment?; Who Makes Impact Investments?; How This Book is Designed; Sourcing and Screening; Investment Analysis and Valuation; Due Diligence and Investment Structuring; Term Sheet and Documentation; Building Value to Exit; Private Equity Funds; Impact Investment Evolution; Notes From the Field; What This Book is Not; Setting Forth; Chapter 2 Sourcing and Screening; Sourcing Strategy; Geographic Analysis; Data Sets; Data Aggregation and Weighting
Controlling the AnalysisResults; Country Economic Analysis; Business Cycle; Foreign Exchange Risk; Beyond Geography and Economics; Sourcing for Impact; Screening Questions; Screening for Social Impact through a Social Impact Map; Screening Business Strategy and Operations; Screening the Current Investment Round; A Look at Three Potential Investments; Prospective Investment 1: Mobile Money (PagaPago); Prospective Investment 2: Micro Solar Energy (Solero Lighting); Prospective Investment 3: Healthcare (Mtoto Clinics); Moving Forward with an Investment
Concluding Thoughts on Sourcing and ScreeningChapter 3 Investment Analysis and Valuation; Information Exchange; Nondisclosure Agreement; Desktop Due Diligence: Financial and Operating Information; Solero Bottom-Up Analysis; Pricing Analysis; Volume Analysis; The Solero Projection Model; Inputs: Setting the Model Up for Flexibility; Globals; Income Statement: Revenue and Cost Build; Operating Expenditures (Opex); Capital Expenditures and Depreciation; Working Capital; Working Capital Timing and the Cash Conversion Cycle; Long-term Funding: Debt; Finalizing the Income Statement
Overall Organization and Functionality of the Income Statement and Balance SheetThe Cash Flow Statement; Valuation: Discounted Free Cash Flow; Terminal Value; The Cost of Capital; Risk-Free Rate; Market Risk Premium; Beta; Country Risk; Size; Control Premium; The Cost of Debt; The Weighted Average Cost of Capital (WACC); The Discounting Process; FCFF vs. FCFE; Relative Valuation and Comparable Company Analysis; Selecting a Peer Group; Solero's Peer Group; Valuation Multiples; Using Multiples for Valuation; Internal Rate of Return and Money Multiple; Triangulating a Value
Desktop Due Diligence: Social Impact MappingStep 1: Mission; Step 2: Social/Environmental Goals; Step 3: Inputs; Step 4: Activities; Step 5: Output; Step 6: Outcomes; Step 7: Impact; Continuing the Investment Process; Chapter 4 Due Diligence and Investment Structuring; Due Diligence; Management Meetings; Existing Investor Meetings; Board of Directors Meetings and Corporate Governance; Following the Value Chain; Specialized Due Diligence for Social Impact Validation and Analysis: Stakeholder Analysis; Due Diligence by Others: Engaging Independent Consultants