Doing Well/Doing Good Series - Part One
Investors are seeking more ESG investment tools and products and want to do good, not only to do well. Fund sponsors are responding to this growing demand. Issues of social good and social value are also critical to employees and a factor in attracting and retaining talent (particularly diverse talent) during the "Great Resignation." As the asset management industry faces policy and regulatory challenges, demonstrating its social value is also important.
In this session, we learned how sponsors are harnessing fund structures and other solutions that help catalyze social change. The first two sessions will emphasize that it is not a decision between "doing well and doing good."
SESSION 1: INTRODUCTION TO CATALYTIC CAPITAL FUNDS
- Towards a definition of "catalytic capital"
- How are fund sponsors similar to/different from other fund managers?
- The current landscape for catalytic capital, on both the "supply" (i.e., sponsor) and "demand" (i.e., investor) sides
- U.S. regulatory environment and high-level tax treatment
Additional sessions in this series:
- Session #2: Catalytic Capital - Anatomy of a Specific Fund, from Conception to the End of the Fund Term
- Session #3: The Evolution of Institutional Due Diligence from Exclusion to Inclusion
- Session #4: ERISA and DOL ESG Rule Focus
- Session #5: Sovereign Wealth Funds and the Use of Investor Dollars to Affect Social Impact
- Yasho Lahiri, Partner, K&L Gates LLP (Moderator)