Impact Investing for the Long Term: Planning for the Persistence of Profit and Purpose

Wharton Lifelong Learning

Impact investing’s dual goals of financial return and social impact has attracted significant attention, and raised important questions. Informed by the data recently collected and assessed by Wharton’s Social Impact Initiative, Professor David Musto helps us consider these emerging issues:

Can investors reconcile impact investing with the duties they owe to their beneficiaries? How do the returns realized to date from such investments compare to competing asset classes? What holds the firms to their social-impact goals after the early investors have moved their capital and control onto their next projects?  How can a public firm adhere to a goal other than shareholder value?

Join us for an interactive discussion of these questions and  what the data suggests about this potent form of investing.

Monday, November 9, 2015
6:00-8:30 p.m.

The Eventi
851 Avenue of the Americas
New York, New York 10001

$25 per attendee. Supporting members qualify for 50% off the ticket price by clicking here.
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David Musto is the Ronald O. Perelman Professor in Finance at the Wharton School, where he has been on the faculty since 1995. He has a B.A. from Yale University and a PH.D from the University of Chicago. Between college and graduate school he worked for Roll and Ross Asset Management in Los Angeles. He is an editor of the Journal of Financial Services Research and an associate editor of the journal of finance. Most of the work, both theoretical and empirical, is in the area of consumer financial services, mutual funds, and consumer credit in particular. He has also published work on corporate and political coting, option pricing, short selling, and cross-border taxation.