What are the differing financial and social impact return expectations of impact investors?

The intent of the investor to generate social and/or environmental impact through investments is an essential component of impact investing. Impact investments generate returns that range from below market (sometimes called concessionary) to risk-adjusted market rate. Impact investments can be made across asset classes, including but not limited to cash equivalents, fixed income, venture capital and private equity. A hallmark of impact investing is the commitment of the investor to measure and report the social and environmental performance and progress of underlying investments.