AVPN Conference Day 1 - UK and US Perspectives on VP

7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP

1/19

Interactive Panel:

European & US Perspectives

on Venture PhilanthropySpeakers:

Kurt Peleman, CEO of European Venture Philanthropy Association

Lance Fors, President of Social Venture Partners International

Luther Ragin, CEO of Global Impact Investing NetworkDoug Miller, Chairman of Asian Venture Philanthropy Network

Moderated by:

Cliff Prior, CEO of UnLtd UK


2/19

Venture Philanthropy Organisations invest across a spectrum of

Social Purpose Organisations

Charity:

grant-

dependent

Charity:

grants and

trading

revenue

Social

Enterprise:


3/19

Kurt PelemanCEO

European Venture

Philanthropy Network


4/19

4EVPA Strategy

2013-2015: 5 building blocks

Be the natural home as well

as the highest-value catalyst

network of European Ventyre

Philanthropists andSocial

Investors

(who use venture philanthropy tools and

target societal impact)

Connect organizations / individuals

Build a deep understanding of the social

investors space

Inspire guidelines and regulations

Facilitate learning

Promote an appropriate use of venture tools

by an increasing number of practitioners

1

5

4

2

3


5/19

5EVPA Strategy

1. CONNECT ORGANISATIONS / INDIVIDUALS


6/19

6EVPA Strategy

2. BUILD AN UNDERSTANDING


7/19

7EVPA Strategy

3. FACILITATE LEARNING


8/19

8EVPA Strategy

4. PROMOTE AS AN APPROPRIATE TOOL


9/19

9EVPA Strategy

5. INSPIRE GUIDELINES AND REGULATIONS


10/19

Lance Fors

President

Social Venture Partners

International


11/19

Luther Ragin

CEO

Global Impact Investing

Network


12/19 Global Impact Investing Network, 2013

12

IRIS contains 400+ metrics to describe and

measure organizations social, environmental,

and financial performance

Organization

Description

Product Description

Financial

Performance

Operational Impact

Product ImpactHousing &

Community Facilities

Health

Financial Services

Environment

Water

Energy

Education

Agriculture



13

Search costs are high due to diversityand fragmentation of market

The global online directory of impact investment vehicles

250 Funds Listed

1000 Subscribers



14

Most respondents from a 2012 JP Morgan and GIIN Report state that their

portfolios financial and impact performances are in line with expectations;

nearly two-thirds of the sample target market rate financial returns.

Figure 17: Target financial

returns principally sought

by respondents

Number of respondents = 99Respondents chose one answer.

Source: GIIN, J.P. Morgan.

65%

23%

12%

Market rate returns

Below market rate returns:closer to market rate

Below market rate returns:closer to capital preservation

Figure 18: Respondents portfolio performance relative

to their expectationsNumber of respondents differs, see below; Respondents that answered not sure not included

14% 21%

84% 68%

2% 11%

0%

20%

40%

60%

80%

100%

Impact expectations Financial expectations

Outperforming In line Underperforming

(n=91) (n=95)

Source: GIIN, J.P. Morgan.

Satisfaction with Performance


15/19

Doug Miller

Chairman

Asian Venture Philanthropy

Network


16/19

Venture Philanthropy/Social Investment in Asia

Ashoka initiated 32 years ago in India.

Pioneers initiated operations around 2000, more appearing inmid/late 2000s.

Interest is growing at an accelerated rate both in VP and socialinvestment.

Current Challenge: moving interest to engagement.

AVPNs mission is to inform, engage, educate, promote collaboration,

knowledge sharing and investment.


17/19

The VP methodology can be practiced by a wide range of participants

AVPN Members come from 16 countries

65%

12%

23%

VP Funds

FoundationsFamily Offices


18/19

Steps to establish an effective VP industry:

Raise awareness of VP concept.

Attract pioneers.

Facilitate cross border learning within Asia and from US/Europe.

Facilitate collaboration.

Facilitate knowledge sharing and best practice.

Promote sector specific learning.

Promote establishment of new VP/SI practitioners.

Engage governments and multi laterals.

US effort 15 years, Europe 10 years, Asia 2 years


19/19

Interactive Panel:

European & US Perspectives

on Venture PhilanthropySpeakers:

Kurt Peleman, CEO of European Venture Philanthropy Association

Lance Fors, President of Social Venture Partners International

Luther Ragin, CEO of Global Impact Investing Network

Doug Miller, Chairman of Asian Venture Philanthropy Network

Moderated by:

Cliff Prior, CEO of UnLtd UK

AVPN Conference Day 1 - UK and US Perspectives on VP

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