Demand For Impact Investing Could Be Boon For Attorneys
Law360, New York (June 1, 2017, 7:34 PM EDT) -- The increasing popularity of impact investing has more private equity professionals each year seeking investments that not only generate profit but also benefit the greater good, meaning fund managers are in need of legal advisers who understand the movement and all its intricacies.
The practice of impact investing, which involves private equity and other investors making investments aimed at helping to advance society at large, has become increasingly commonplace over the past few years. Examples include investments in companies focused on climate change, education and affordable housing.
"Impact investing's time has come," Amit Bouri, CEO of the Global Impact Investing Network,...
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