Impact investment : a practical guide to investment process and social impact analysis + website / / Keith Allman, Ximena Escobar de Nogales

• Record Nr.: UNINA9910828518403321
• Autore: Allman Keith A. <1977->
• Pubbl/distr/stampa: Hoboken, New Jersey : , : Wiley, , 2015; ©2015
• ISBN: 1-119-00981-2; 1-119-00982-0; 1-119-00980-4
• Edizione: [1st edition]
• Descrizione fisica: 1 online resource (301 p.)
• Collana: Wiley Finance Series
• Disciplina: 332.6
• Soggetti: Investments - Social aspects; Social responsibility of business
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Includes index.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: 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 Analysis Results; 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 Screening Chapter 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 Sheet The 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 Mapping Step 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; Utilizing Due Diligence Information
• Sommario/riassunto: Apply a rigorous investment process and integrate social impact analyses to successfully select and invest in social impact investments Impact Investment: A Practical Guide to Investment Process and Social Impact Analysis is a must-read guide for investors and wealth managers entering the social finance investment space known as ""impact investing."" This book walks readers through the demanding task of properly executing an impact investment strategy,providing solutions to some of the most vexing challenges that arise when investing for both financial return and social impact. Readers will learn how