LEADER 05460nam 2200697 450 001 9910828518403321 005 20230126212706.0 010 $a1-119-00981-2 010 $a1-119-00982-0 010 $a1-119-00980-4 035 $a(CKB)3710000000355742 035 $a(EBL)1956437 035 $a(SSID)ssj0001562786 035 $a(PQKBManifestationID)16210949 035 $a(PQKBTitleCode)TC0001562786 035 $a(PQKBWorkID)14835319 035 $a(PQKB)10907471 035 $a(Au-PeEL)EBL1956437 035 $a(CaPaEBR)ebr11022787 035 $a(CaONFJC)MIL770117 035 $a(OCoLC)903584479 035 $a(CaSebORM)9781118848647 035 $a(MiAaPQ)EBC1956437 035 $a(EXLCZ)993710000000355742 100 $a20150305h20152015 uy 0 101 0 $aeng 135 $aurunu||||| 181 $ctxt 182 $cc 183 $acr 200 10$aImpact investment $ea practical guide to investment process and social impact analysis + website /$fKeith Allman, Ximena Escobar de Nogales 205 $a1st edition 210 1$aHoboken, New Jersey :$cWiley,$d2015. 210 4$dİ2015 215 $a1 online resource (301 p.) 225 1 $aWiley Finance Series 300 $aIncludes index. 311 $a1-118-84864-0 320 $aIncludes bibliographical references. 327 $aCover; 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 327 $aControlling 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 327 $aConcluding 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 327 $aOverall 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 327 $aDesktop 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 327 $aUtilizing Due Diligence Information 330 $aApply a rigorous investment process and integrate social impact analyses to successfully select and invest in social impact investments Impact Investment: A Practical Guide to Investment Process and Social Impact Analysis is a must-read guide for investors and wealth managers entering the social finance investment space known as ""impact investing."" This book walks readers through the demanding task of properly executing an impact investment strategy,providing solutions to some of the most vexing challenges that arise when investing for both financial return and social impact. Readers will learn how 410 0$aWiley finance series. 606 $aInvestments$xSocial aspects 606 $aSocial responsibility of business 615 0$aInvestments$xSocial aspects. 615 0$aSocial responsibility of business. 676 $a332.6 700 $aAllman$b Keith A.$f1977-$01634300 702 $aNogales$b Ximena Escobar de 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910828518403321 996 $aImpact investment$94091310 997 $aUNINA