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Description
The Global Impact Investing Network defines impact investing as "investments made with the intention to generate positive, measurable social and environmental impact alongside financial return." Impact investing can be made in both developing and established markets. The capital from impact funds has been allocated to address many social concerns like sustainable agriculture, clean energy, affordable housing, microfinance, healthcare, education, and conservation.
Impact investment funds are typically structured as either a limited partnership or a limited liability company. When structuring an impact fund, counsel must consider unique considerations given the impact orientation of these investment funds. Also, fund documents and loan documents deployed by impact fund investments should tie financial returns to measurable impact while also granting fund managers flexibility to adjust their strategies to accommodate changes in market conditions.
Listen as our authoritative panel explores the latest trends and developments in impact investment fund formation and loan and investment documents and provides guidance for structuring and documenting these funds to address these unique impact investment considerations.
Presented By
Ms. Niver represents banks, insurance companies and debt funds in construction and permanent loans, debt restructurings and secondary market transactions, as well as working with market-rate and affordable housing developers and owners on financings, acquisitions and sales, joint venture arrangements, condominium regimes, and leases for all product types, including multifamily, retail, office and hotel, and frequently as part of complex mixed-use development and redevelopment and master planning projects nationwide. In addition to her broad background in CRE finance and development generally, Ms. Niver has had a career-long focus on affordable housing and community development, both as a real estate and commercial finance attorney, and formerly as an urban planner specializing in affordable housing finance and policy. She has extensive experience in community development lending, impact finance syndications and programmatic and policy issues related to affordable housing, and routinely provides legal advice to profit and nonprofit developers, financial institutions, investors, and community development entities engaged in all types of complex real estate development and financing transactions, specifically social impact investing and tax credit finance.
Mr. Schernecke advises direct lenders, mezzanine investment funds, and venture capital investors in a variety of debt and investment transactions with borrowers of all sizes, types, and structures. He also counsels private equity clients and corporate borrowers on domestic and cross-border acquisition financings, out-of-court restructurings and workouts, bankruptcy matters, ESG and impact investment financings, and real estate financings. Mr. Schernecke leads transactions spanning diverse industries, including financial services, real estate, retail, life sciences, health care, technology, food and beverage, hospitality, film and music entertainment, media, and telecommunications.
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This 90-minute webinar is eligible in most states for 1.5 CLE credits.
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Live Online
On Demand
Date + Time
- event
Thursday, October 23, 2025
- schedule
1:00 p.m. ET./10:00 a.m. PT
Outline
I. Overview and history of impact investment funds
II. Types of investors and their motivations and objectives: social good and financial returns
III. Difference between impact investing and socially responsible investing
IV. Fund types
V. Legal structure
VI Key fund documents and terms
VII. Compliance and tax considerations
VIII. Timelines
IX. Downstream impact lending programs
X. Impact of federal and state contraction of ESG standards on impact funds: future opportunities and challenges
XI. Practitioner pointers and key takeaways
Benefits
The panel will address these and other key considerations:
- What is the history and background of impact investment funds?
- What are some unique structuring issues of impact investment funds, and how can these issues be addressed in key documents?
- What are the downstream lending opportunities with impact funds?
- What are the implications of recent federal and state contraction of ESG standards on impact fund investing?
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