NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Thursday, May 17, 2018

By Abby Schultz

The KL Felicitas Foundation, founded by impact investing pioneers Charly and Lisa Kleissner, has opened the books on its investments to show that a strategy aimed at doing good can live up to its social and environmental objectives as well as deliver returns.

In a report published in late April titled “In Pursuit of Deep Impact and Market-Rate Returns: KL Felicitas Foundation’s Journey,” the Kleissners attempt to lay bare their thinking as well as their investments. The idea is to remove any mystery over how impact investing is done and, to show how it makes a difference.