Impact Investing
Impact investing is an area of growing interest for LPs, with increased attention on the evolving market opportunity and how investments can generate positive social and environmental outcomes alongside financial returns.
ILPA aims to foster informed decision-making and support LPs navigating this growing area of private market investment.
Program Overview
Responding to growing sector trends and appetite within the LP community, ILPA works to support LPs in navigating the impact investing landscape by:
- Contributing to standards and best practices that define key terms, improve transparency, and support consistent impact management across private markets
- Collaborating with industry stakeholders to ensure LP perspectives are reflected in the ongoing development of impact investing frameworks and market infrastructure
- Providing thought leadership, research and resources that empower stakeholders throughout their impact investing journey
- Connecting LPs with impact investing ecosystem players
Meet Our Impact Investing Community Partners
BlueMark is a leading provider of impact intelligence and independent verification for the sustainable and impact investing market.
Tideline is a pioneer in the impact investing industry with a stellar track record of establishing and advancing best practices.
ILPA Resources
- Go to The LP Impact Primer: The Opportunity to Invest for Impact in Private MarketsThe LP Impact Primer: The Opportunity to Invest for Impact in Private MarketsThis resource, developed in collaboration with BlueMark & Tideline, serves as an introduction to the impact investment opportunity for both LPs engaged in impact investing and LPs getting started on their impact investing journey.
- Go to The LP Impact Primer: Evaluating Impact FundsThe LP Impact Primer: Evaluating Impact FundsAn actionable toolkit, developed in collaboration with BlueMark, providing LPs with the specific questions and evaluation framework needed to identify high-quality impact investment opportunities.
- Go to Coming Soon – Impact Verification Primer for LPsComing Soon – Impact Verification Primer for LPsA guide to understanding impact verification, including how to identify strengths and weaknesses in impact management and impact performance.
Additional External Resources
An ILPA curated resource bank built from external sources, each selected to support LPs and their approach to impact investing.
- Go to A Field Guide: Impact Due Diligence and Management of Allocators (BlueMark)A Field Guide: Impact Due Diligence and Management of Allocators (BlueMark)BlueMark’s field guide offers practical insights into how institutional investors are building robust impact investing strategies. Drawing on real-world examples, it highlights the motivations, implementation approaches, and lessons learned from leading market participants.
- Go to Truth in Impact: A Tideline Guide to Using the Impact Investing Label (Tideline) Truth in Impact: A Tideline Guide to Using the Impact Investing Label (Tideline)Tideline explores the use of impact labels in this resource. It provides practical guidance for investors seeking to communicate their impact intentions and practices with greater transparency.
- Go to What you need to know about impact investing (The GIIN)What you need to know about impact investing (The GIIN)An introductory guide from the Global Impact Investing Network (GIIN) which outlines the core principles, definitions, and practices of impact investing.
- Go to The principles for integrating impact throughout the investment lifecycle (The Operating Principles for Impact Management)The principles for integrating impact throughout the investment lifecycle (The Operating Principles for Impact Management)This brochure outlines the Operating Principles for Impact Management—a global framework that brings greater transparency, discipline, and integrity to impact investing.
- Go to The Five Dimensions of Impact (Impact Frontiers)The Five Dimensions of Impact (Impact Frontiers)The Five Dimensions of Impact provide a common language for understanding and comparing impact across investments, helping investors assess what outcomes occur, who experiences them, how significant they are, and the investor’s contribution.
- Go to Catalogue of Impact Metrics (IRIS+)Catalogue of Impact Metrics (IRIS+)IRIS+ provides a widely used system of standardized impact metrics, helping investors measure, manage, and compare the social and environmental performance of their investments.
- Go to Impact Allocator Perspectives 2025: Opportunities and Risks in Evolving Private Markets (Impact Capital Managers & Foley Hoag LLC)Impact Allocator Perspectives 2025: Opportunities and Risks in Evolving Private Markets (Impact Capital Managers & Foley Hoag LLC)This research brings together insights from leading asset owners and advisors to reveal allocator priorities, market trends, and strategies for achieving strong returns with measurable impact. For LPs, the results illuminate peer approaches and facilitate more effective capital allocation.
Stay Tuned In on the Impact Investing Conversation
Stay connected with ILPA’s work in the impact investing space including upcoming events, thought leadership, ecosystem engagements and best practices. If you would like to hear more from ILPA on our work in the impact investing space, let us know by filling out our interest form.
