Loss of Reproductive Rights as a Political Risk Factor
This ImpactAlpha article argues that the U.S. Supreme Court’s overturning of Roe v. Wade has created new political, legal, and reputational risks for companies and investors. The authors explore how the rollback of reproductive rights destabilizes the workforce, disrupts social consensus, and creates polarization that threatens economic prospects. They also examine how Gen Z activism and shifting employee expectations are pushing businesses to take positions on issues they once avoided, making neutrality an untenable strategy.
This ImpactAlpha article argues that the U.S. Supreme Court’s overturning of Roe v. Wade has created new political, legal, and reputational risks for companies and investors. The authors explore how the rollback of reproductive rights destabilizes the workforce, disrupts social consensus, and creates polarization that threatens economic prospects. They also examine how Gen Z activism and shifting employee expectations are pushing businesses to take positions on issues they once avoided, making neutrality an untenable strategy.
Fellow Travelers: Bringing Emerging Markets & Impact Investing Back Together
Impact investing and emerging markets were once tightly linked—but today, the two are drifting apart. This piece unpacks why capital is shifting toward developed markets and away from the small, high-impact businesses that originally defined the field. As institutional investors enter the space, the article calls for renewed focus on blended capital, standardized deal structures, and a return to the roots of inclusive economic growth.
Once deeply intertwined, impact investing and emerging markets are increasingly diverging. This article explores why, despite strong growth in impact investing overall, capital is shifting away from the high-impact, risk-tolerant work once central to the field. Large funds now dominate the space, making smaller deals in emerging markets less viable. As a result, small and growing businesses (SGBs)—critical to inclusive economic growth—are increasingly left out.
The piece argues for a renewed effort to close this gap, calling for standardized investment structures, more efficient blended capital products, and a rebalancing toward debt and growth-stage support. It sets the stage for a broader conversation about how to realign market incentives with impact goals, particularly in underinvested geographies.