Impact Investment Funds: Legal Structure, Key Documents, Compliance and Tax Considerations; Downstream Lending Programs
A live 90-minute premium CLE video webinar with interactive Q&A
This CLE webinar will discuss the recent growth of impact investment funds in both the nonprofit and for-profit sectors. The panel will provide an overview of impact investment fund formation with a focus on their legal structure, key documents, compliance and tax considerations, and downstream impact lending programs.
Outline
- Overview and history of impact investment funds
- Types of investors and their motivations and objectives: social good and financial returns
- Difference between impact investing and socially responsible investing
- Fund types
- Legal structure
- Key fund documents and terms
- Compliance and tax considerations
- Timelines
- Downstream impact lending programs
- Impact of federal and state contraction of ESG standards on impact funds: future opportunities and challenges
- Practitioner pointers and key takeaways
Benefits
The panel will address these and other key considerations:
- What is the history and background of impact investment funds?
- What are some unique structuring issues of impact investment funds, and how can these issues be addressed in key documents?
- What are the downstream lending opportunities with impact funds?
- What are the implications of recent federal and state contraction of ESG standards on impact fund investing?
Faculty
Kristin E. Niver
Counsel
Robinson & Cole
Ms. Niver represents banks, insurance companies and debt funds in construction and permanent loans, debt restructurings... | Read More
Ms. Niver represents banks, insurance companies and debt funds in construction and permanent loans, debt restructurings and secondary market transactions, as well as working with market-rate and affordable housing developers and owners on financings, acquisitions and sales, joint venture arrangements, condominium regimes, and leases for all product types, including multifamily, retail, office and hotel, and frequently as part of complex mixed-use development and redevelopment and master planning projects nationwide. In addition to her broad background in CRE finance and development generally, Ms. Niver has had a career-long focus on affordable housing and community development, both as a real estate and commercial finance attorney, and formerly as an urban planner specializing in affordable housing finance and policy. She has extensive experience in community development lending, impact finance syndications and programmatic and policy issues related to affordable housing, and routinely provides legal advice to profit and nonprofit developers, financial institutions, investors, and community development entities engaged in all types of complex real estate development and financing transactions, specifically social impact investing and tax credit finance.
Close
Matthew Edward Schernecke
Partner
Hogan Lovells
Mr. Schernecke advises direct lenders, mezzanine investment funds, and venture capital investors in a variety of debt... | Read More
Mr. Schernecke advises direct lenders, mezzanine investment funds, and venture capital investors in a variety of debt and investment transactions with borrowers of all sizes, types, and structures. He also counsels private equity clients and corporate borrowers on domestic and cross-border acquisition financings, out-of-court restructurings and workouts, bankruptcy matters, ESG and impact investment financings, and real estate financings. Mr. Schernecke leads transactions spanning diverse industries, including financial services, real estate, retail, life sciences, health care, technology, food and beverage, hospitality, film and music entertainment, media, and telecommunications.
CloseEarly Discount (through 09/26/25)
