Impact built into investing, from strategy to exit.
I help fund managers, foundations and other impact investors design the strategies, investment processes and incentives that deliver more social and environmental impact from their capital.
Services
How I help
Impact investment strategy
Market research that pinpoints unmet needs, capital gaps and where your capital can be truly additive, turned into an impact thesis, investment criteria and target outcomes. Clients use the result to raise capital, align partners and guide investment decisions.
Impact management
Frameworks, processes and tools that build impact into every stage of the investment cycle, from sourcing and due diligence to portfolio management and exit. Work ranges from assessing current practice and preparing for independent verification to developing impact management plans and advising on implementation.
Financial product and fund design
Products and fund strategies that fill real gaps and stay competitive as markets change. Work includes testing demand with prospective borrowers and investors, shaping product features and blended capital structures, and proposing governance, grounded in pipeline and market analysis.
Impact incentives
Incentives define outcomes. Mechanisms that give impact goals real consequences for everyone involved: impact-linked carry for fund managers, impact targets in investment teams' performance frameworks, and outcome-linked pricing for investees, such as rebates for reaching quality jobs goals.
Ways to work together
Scoped to what you need, at the pace you need it.
One or two in-depth working sessions to understand the challenge, weigh the options and define the right approach. The fee is credited toward any follow-on project.
Phased engagements scoped around the decisions you need to make, with clear deliverables at each stage. Most run from a few weeks to a few months.
Senior impact leadership a few days a month, as a fractional Chief Impact Officer or investment committee member, without a full-time hire.
Where a project calls for specialized expertise, I bring in trusted partners, from specialists in fund structuring, management and administration to investment experts in specific impact themes and sectors.
Selected clients and partners
Organizations I have worked with
- Baillie Gifford
- Global Impact Investing Network
- MacArthur Foundation
- Morgan Stanley
- Kaiser Permanente
- New Growth Innovation Network
- Deutsche Bank
- Kresge Foundation
- UnitedHealthcare
- Omidyar Network
- Louisiana Clean Energy Fund
- Justice Climate Fund
- Aspen Institute
- Blackstar Stability
- PG&E
About
Where field-building research meets hands-on investing.
For nearly 20 years, my work has been guided by one goal: to grow impact investing and make it deliver more for people and the planet. I have pursued it on two fronts: research that shapes industry standards and practice, and making, managing and advising on investments across financial inclusion, community development, clean energy, quality jobs and affordable housing, from India and East Africa to Latin America and the US.
My advice is grounded in having done the work myself. I know which approaches hold up in practice, and which sound good in theory but break down once capital is on the line. I am as comfortable in the details of a term sheet as in a conversation about a firm's long-term vision, and I focus on connecting the two.
My work has spanned catalytic and market-rate capital. I am independent, with no assets under management and no product to sell, and based in Valencia, Spain.
Let's talk about what you're trying to solve.
Working with clients across US and European time zones.