7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
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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
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
2/19
Venture Philanthropy Organisations invest across a spectrum of
Social Purpose Organisations
Charity:
grant-
dependent
Charity:
grants and
trading
revenue
Social
Enterprise:
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
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Kurt PelemanCEO
European Venture
Philanthropy Network
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
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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
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5EVPA Strategy
1. CONNECT ORGANISATIONS / INDIVIDUALS
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6EVPA Strategy
2. BUILD AN UNDERSTANDING
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7EVPA Strategy
3. FACILITATE LEARNING
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8EVPA Strategy
4. PROMOTE AS AN APPROPRIATE TOOL
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
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9EVPA Strategy
5. INSPIRE GUIDELINES AND REGULATIONS
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
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Lance Fors
President
Social Venture Partners
International
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
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Luther Ragin
CEO
Global Impact Investing
Network
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
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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
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
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Search costs are high due to diversityand fragmentation of market
The global online directory of impact investment vehicles
250 Funds Listed
1000 Subscribers
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
14/19 Global Impact Investing Network, 2013
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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
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
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Doug Miller
Chairman
Asian Venture Philanthropy
Network
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
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.
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
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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
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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
7/30/2019 AVPN Conference Day 1 - UK and US Perspectives on VP
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