Formerly with World Bank and now at Bain since 2011, Chris discusses a (fairly) new type of instrument private equity firms are using these days--an Impact Fund. "We're not pretending our investment of 10-15 million per business will change the obesity epidemic or solve global warming. However, what we can do is help fund scalable models which can be one of the hopefully many things to eventually get to that point," he states. Bain is already invested in game changing brands like by CHLOE and others. This is a must-listen for any entrepreneur with a mission driven management team who wants to get to the next level & what it takes to possibly get through the door.
Chris Cozzone, Bain Capital Double Impact Fund
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