Social Impact Investing

Impact Investments:
An emerging asset class
Global Research
29 November 2010
Appendix VII: Further reading
The Mystery of Capital, Hernando de Soto
Presents the concept of “dead capital” in many emerging markets: Due to extensive
bureaucracy and high registration costs, assets are owned informally (outside the
legal infrastructure), which then limits the owner’s ability to realize the value of
those assets in future transactions.
The Fortune at the Bottom of the Pyramid, C.K. Prahalad
The original thesis that profitable business models can serve to improve the lives of
poor people. The latest edition (2010 at time of publishing) includes case studies of
some of the most prominent examples of impact investments.
The Next 4 Billion, World Resources Institute
A survey of the population that comprises the base of the economic pyramid,
globally. The work includes analysis of income and expenditure data for poor
households across sectors including Healthcare, Food, Water, Housing, Energy,
Transportation, Information and Communication Technology.
New Frontiers of Philanthropy: A Guide to the New Actors and New Tools that
Are Reshaping Global Philanthropy and Social Investing, edited by Lester M.
Salamon
Provides an overview and roadmap of the significant proliferation of new actors and
tools that have emerged in the philanthropic and social investing arena. (Forthcoming
Spring 2011.)
Investing for Social and Environmental Impact: A Design for Catalyzing an
Emerging Industry, The Monitor Institute
An outline of the developments that would facilitate the growth of the impact
investing industry.
Investing for Impact: Case Studies Across Asset Classes, Bridges Ventures and
The Parthenon Group
An introduction to impacting investing and a showcase of current examples of impact
investments across the impact- and financial-first spectrum.
Emerging Markets, Emerging Models, Monitor Group
Analyses the behaviors, economics and social outcomes of different types of social
enterprise business models in India.
Impact Investing: A Framework for Policy Design and Analysis, Ben Thornley,
David Wood, Katie Grace, and Sarah Sullivan
Describes the role of government in impact investing markets and is a resource for
designing policy with the objective of catalyzing private capital. Includes sixteen
detailed case studies of policies from around the world. (Forthcoming December
2010.)
Financing Change: Impact Investing for Blended Value, Antony Bugg-Levine
and Jed Emerson –
An overview of the emergence of the global impact investing industry and
description of the opportunities and challenges it creates for how we invest, address
social challenges, regulate investment and philanthropy, and develop leadership.
(Forthcoming 2011.)
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