April 13

Future Returns: Bain Capital Double Impact’s Approach to the Market

By Abby Schultz

Bain Capital Double Impact closed a second impact-investing fund after raising US$800 million last fall, and found the experience to be a bit different than the first time around.

When Double Impact, a unit of the Boston-based private-equity firm Bain Capital, sought investors for its first impact vehicle—which closed at US$390 million in 2017—they wanted to know if the firm would deliver private-equity returns, typically double-digit, while helping society and the environment.

This time, potential investors were more curious about how Double Impact was measuring the effect of its investments, says Greg Shell, a managing director at the firm.

Source: Barron's (link opens in a new window)

ESG, impact investing