Big Money Leading the Way on Impact?

Big Money Leading the Way on Impact?

Interestingly enough, from what I can glean from this New York Times article, TPG seems to be more forward thinking about how to bake impact considerations into the legal documents for their $2B impact fund than many of the pure play impact managers. They will, for example, not only measure and report on impact, but will subject the fund’s impact performance to a third-party audit. They are also putting thought into whether manager compensation should be tied to both financial and impact performance.  I hope that this will provide positive pressure and courage for impact managers to do the same.