Funding/Financing | MoFo Impact

Topic Archives: Funding/Financing

August 11, 2020 – Funding/Financing, Measuring, Reporting

ESG Goes Mainstream: How “Return First” PE Funds Can Factor ESG Considerations into Their Investment and Portfolio Management Strategies

Considering environmental, social, and governance (ESG) factors when making an investment is no longer solely the province of “impact-first” investors—those who prioritize social or environmental impact above return on capital—but has become, to one degree or another, the norm among private equity (PE) funds. As the calls from both investors and consumers for companies to ...›

July 10, 2020 – Corporate Form, Funding/Financing

DELAWARE LEGISLATURE PASSES AMENDMENT ON PUBLIC BENEFIT CORPORATIONS

In August 2013, the Delaware legislature added a new subchapter to the Delaware General Corporation Law (DGCL), allowing corporations to be formed as, or convert to, a public benefit corporation (PBC).[1] A PBC is defined as a for-profit corporation “that is intended to produce a public benefit or public benefits and to operate in a ...›

June 25, 2020 – Funding/Financing, Measuring, Reporting

Impactful Conversations: An Interview with Rodney Foxworth at Common Future

In this episode of Impactful Conversations, Michael Santos, a social-enterprise- and impact-investing associate in Morrison & Foerster’s San Francisco office, interviews Rodney Foxworth, the CEO of Common Future. Based in Oakland, California, Common Future tackles wealth inequality nation-wide by focusing on the needs of communities that have been the most negatively impacted by injustice, extraction, and exploitation. ...›

June 10, 2020 – Corporate Form, Funding/Financing

Impactful Conversations: An Interview with Ken Doctor at Lookout Local

In this episode of Impactful Conversations as a part of MoFo Perspectives, Jesse Finfrock, a San Francisco-based associate in Morrison & Foerster’s Social Enterprise and Impact Investing Group, meets with Ken Doctor, the founder of Lookout Local, to discuss how he has incorporated Lookout Local’s mission into its corporate form in electing to become a ...›

May 29, 2020 – Funding/Financing, Measuring, Reporting

Maintaining Impact Through M&A

As the COVID-19 crisis continues to make capital markets, including venture capital, an uncertain source of financing, founders and boards of impact businesses may increasingly look to M&A and other strategic alternatives to assure their survival. Mergers, business and asset sales, large-scale technology licensing, as well as other strategies should all be on the table. ...›

May 29, 2020 – Funding/Financing, Measuring

Impactful Conversations: An Interview with Henrik Jones at Buckhill Capital

In this special shelter-in-place edition of “Impactful Conversations” podcast, MoFo fund formation lawyer Sean Byrne interviews Buckhill Capital General Partner Henrik Jones about collaborating with MoFo to create a new investment term, the Carried Interest by Verified Impact Calculations (CIVIC). The CIVIC links a fund’s carried interest to quantifiable impact metrics, and thus has the potential to create billions of dollars of ...›

May 11, 2020 – Funding/Financing, Resources

Restorative Investing: How the Impact Investing Model Could Be Used to Support Vulnerable Communities in the Time of COVID-19

For the second time in a little over a decade, the United States is facing an economic crisis on a near-unprecedented scale, while simultaneously battling the worst pandemic in over a century. To date, over 80,000 people have died in the United States from COVID-19, and more than 33 million Americans have filed for unemployment benefits ...›

April 28, 2020 – Corporate Form, Funding/Financing, Resources

Lawyers Helping Small Businesses Navigating CARES Act Funding Requirements

Suz Mac Cormac and Kaela Colwell spoke to the Daily Journal for an article featuring the Bay Area Small/Social Enterprise Task Force (BASE Force), which is a group led by Morrison & Foerster with other legal, financial, and nonprofit professionals who are guiding small businesses through emergency resources. The task force is focused on collecting local, state, ...›

November 12, 2019 – Funding/Financing, Resources

Suz Mac Cormac Recognized as a Woman Leader in Tech Law

The Recorder has named Susan “Suz” Mac Cormac to its list of Women Leaders in Tech Law. The award celebrates lawyers who tackle the tech industry’s biggest courtroom clashes, help build its most innovative companies, and negotiate deals that move markets. As highlighted by The Recorder, Suz continues to represent investors in complex cross-border transactions. ...›

October 1, 2019 – Funding/Financing, Measuring, Reporting

Impact Links: Climate Week 2019 Announcements; UN Global Compact and Accenture Releases CEO Study on Sustainability; Caltech $750 Million Donation to Environmental Research; Invesco Study on Socially Responsible Investing; LeapFrog Reveals Independent Audit Results; Alternative Proteins Seek to Disrupt Seafood Industry; AI and Weather Data Are Helping Brands Battle Food Waste; The Future of Sustainable Fashion

Significant commitments, partnerships, and new research projects worth trillions were announced during Climate Week 2019. The United Nations Global Compact and Accenture released findings from their CEO study on sustainability, which draws on insights from more than 1,000 CEOs. Caltech announced a $750 million donation aimed at scaling research on environmental sustainability and climate research. ...›