Publications

Explore our articles and core research

Bridgespan Social Impact Publications about Impact Investing

Our work includes in-depth articles and reports on getting started with impact investing, the role it can play in the world, and how to measure its effectiveness. We publish in a number of leading business and social-impact publications, including the Harvard Business Review and ImpactAlpha.

From Principle to Practice: The Case for Gender-Lens Investing

Research shows that gender-lens investing offers a proven pathway to stronger financial performance and measurable social outcomes, with women-inclusive businesses delivering higher returns, lower risk, and expanded market opportunity. For those seeking scalable sustainable impact, integrating gender equity is becoming a strategic advantage, rather than a tradeoff.

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Inside Impact Investing: Big Names and Big Numbers

As traditional credit strategies surge in a high-rate environment, impact is following suit, bringing both yield and purpose. What sets top performers apart? Strong sponsor alignment, disciplined diligence, and embedded incentives. For LPs seeking scalable, defensible returns with impact upside, now is the moment to lean in.

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Investing in Human Rights: Six Areas for Impact and a Database of Change

By Capricorn Investment Group, Bridgespan Social Impact, Robert F. Kennedy Human Rights

When we think about human rights, we often picture activists with protest signs or diplomats at negotiation tables. But what about investors? The financial community has an increasingly powerful role to play in advancing human dignity around the world—and forward-thinking institutions are recognizing this opportunity.

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Human Rights Investment Database

To help investors direct their capital and to explore how investors and funders are deploying capital toward human rights, we have curated a database of funds that are actively investing in human rights outcomes. This database documents each fund’s alignment with six key areas for human rights investment: health and quality of life, affordable housing, supply chain and fair labor practices, equal access to quality education, equal access to justice, and rights to opinion, information, and privacy.

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For Outsized Impact, Investors Should Look to Africa

For institutional impact investors, Africa is the new frontier.  Rich in economic potential, the continent also offers fertile soil for investors interested in seeing their capital put to use addressing social and environmental challenges such as climate change, economic disparities, and gender inequality. And, thanks to new approaches to impact, measurement, and management pioneered in Africa, such investors can now measure the difference they’re making in the world with a precision once reserved for financial returns.  

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Closing the Capital Gap on Impact Investment in Africa

African fund managers face unique obstacles that impede their access to capital for social impact. Given their lived experience, networks, and access to opportunities, they are well placed to deploy impact capital on the continent. Bridgespan Africa’s new research surfaces ways that “first-mover” investors can back African fund managers with confidence while also achieving financial goals.

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Capricorn Investment Group

Capricorn’s Sustainable Investors Fund makes early-stage investments in innovative asset-management firms to help propel their work on environmental and social issues.

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Opportunities for Impact Investing to Champion Reproductive Care After Dobbs

Since the Dobbs ruling, private investors and philanthropic organizations have stepped up their pursuit of mission-driven impact investments in reproductive care enterprises, especially those serving systemically underserved individuals and communities. This research identifies opportunities for timely impact investments in the reproductive field as a complement to existing philanthropic funding.

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Impact Investing: Sector Themes

This series of short articles, drawn from our due diligence work for over 1,200 potential impact investments, explores best practices, themes, and trends we’ve observed across several sectors.

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Why the World Needs Both ESG and Impact Investing

While both impact investing and ESG investing can deliver compelling financial returns, there are some key differences between the two. Understanding these can help impact investors make better investment decisions and avoid “impact washing.”

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Back to the Frontier: Investing that Puts Impact First

Impact investing has boomed over the past decade, driven by the ethos that financial performance goes hand-in-hand with social and environmental impact. But more wealth holders now see the value of putting impact before investment, and prioritizing people and planet.

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Venture Capital’s Next Unicorn? Impact

As more venture capitalists fund entrepreneurs who strive to make a difference for people and the planet, they’re finding impact measurement to be a thorny problem. A simple framework can help them become better impact investors.

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Giving Credit Where Due: A Case for Debt Financing in Indian Impact Enterprises

Debt financing has grown in India, but at only 25 percent of total investing, Indian impact enterprises struggle to find the working capital they need to grow and fulfill their potential. To better understand the challenges impact enterprises face in borrowing money, the India Impact Investors Council and The Bridgespan Group joined in this research project to chart the debt landscape, identify barriers to debt financing, and propose ways to make debt more accessible.

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Beyond the Grant: Foundations as Impact Investors

Philanthropy can bring its whole self to work with an impact investing mindset that expands horizons beyond grantmaking alone. Imagine what more foundations could achieve—from community development, to racial equity, to climate change mitigation—by supplying loans, loan guarantees, and equity investments for social good.

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Bridgespan Social Impact is a wholly owned subsidiary of The Bridgespan Group