Mapping the Impact Investing Sector in Brazil
During the past 10 years of impact investing in Brazil, we have observed a signifi cant development in the impact investing space. Five years ago, only a few players identifi ed themselves as impact investors, very few organizations in the social sector were investor-ready, and there were almost no co-investment opportunities. A steep increase in the number of investors and amount of capital, greater coordination among players, and a more professional workforce active in the industry today have facilitated the development of impact investing. This market study of the impact investing sector in Brazil reveals signifi cant market growth. Nineteen of Brazil’s largest impact investors, including fund managers, banks, foundations, family offi ces and others surveyed expect to commit 40% to 50% more capital to impact investments in 2014 compared to 2013.