November 24, 2020 - Funding - Financing, Resources

Morrison & Foerster Spearheads Launch of California Rebuilding Fund

California Governor Gavin Newsom today announced the launch of The California Rebuilding Fund (the Fund), a program built to support California’s smallest businesses so they can adapt, reopen, and recover from the effects of COVID-19. The California Rebuilding Fund is a public-private partnership that drives capital from …›

November 18, 2020 - Funding - Financing

Patents to Save the Planet

Suz Mac Cormac, Rufus Pichler, and Otis Littlefield argue that patent licensing is a potentially powerful tool to address climate change in an article authored for Intellectual Property Magazine. “Increasingly, companies with green technology are also focused on monetizing environmental benefits,” the authors wrote. “But monetizing …›

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. …›

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 …›

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, …›

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, …›