Impact Capital Managers (ICM), Morrison Foerster LLP, and Toniic, lead a conversation on Legal Innovation in Impact Investing, highlighting a new joint study from ICM and Morrison Foerster that examines the evolving tools and processes employed by private capital fund managers to enhance and protect impact throughout the lifecycle of an investment
How many managers are using compensation mechanics to incentivize impact outcomes? Is there an emerging best practice for impact fund structure and length, or use of side letters, covenants and term sheets? Can philanthropic capital play a role? How do managers develop guardrails to safeguard the social or environmental mission of a company on exit? How do impact managers think about the benefits or risks of alternative corporate forms?
Speakers will address these and other critical questions and give participants an insider’s look at key findings and implications of the new report - including the ways in which funds can use legal mechanisms to respond to Covid-19 and racial justice issues. We’ll hear about the resources available via Toniic’s Impact Terms Platform. Finally, panelists will consider the utility of the “Impact” label as the field continues to rapidly scale.
Speakers and Discussion Leaders:
Suz Mac Cormac, Partner, Morrison Foerster
Kaela Colwell, Associate, Morrison Foerster
Daniel Irvin, ICM Fellow; Stanford Law School ‘21
Brian Trelstad, Partner, Bridges Fund Management; Chair, ICM Institute
Dario Parziale, Director, Investments & Research, Toniic
04/21/21 3:00pm — 4:00pm
Virtual
Impact Capital Managers (ICM), Morrison Foerster LLP, and Toniic, lead a conversation on Legal Innovation in Impact Investing, highlighting a new joint study from ICM and Morrison Foerster that examines the evolving tools and processes employed by private capital fund managers to enhance and protect impact throughout the lifecycle of an investment
How many managers are using compensation mechanics to incentivize impact outcomes? Is there an emerging best practice for impact fund structure and length, or use of side letters, covenants and term sheets? Can philanthropic capital play a role? How do managers develop guardrails to safeguard the social or environmental mission of a company on exit? How do impact managers think about the benefits or risks of alternative corporate forms?
Speakers will address these and other critical questions and give participants an insider’s look at key findings and implications of the new report - including the ways in which funds can use legal mechanisms to respond to Covid-19 and racial justice issues. We’ll hear about the resources available via Toniic’s Impact Terms Platform. Finally, panelists will consider the utility of the “Impact” label as the field continues to rapidly scale.
Speakers and Discussion Leaders:
Suz Mac Cormac, Partner, Morrison Foerster
Kaela Colwell, Associate, Morrison Foerster
Daniel Irvin, ICM Fellow; Stanford Law School ‘21
Brian Trelstad, Partner, Bridges Fund Management; Chair, ICM Institute
Dario Parziale, Director, Investments & Research, Toniic