The PILnet Fellowship Program aims to develop transactional lawyering approaches to strengthen and empower civil society.
PILnet’s fellow’s recently participated in a webinar series, at the invitation of Deborah Burand, on key legal issues that arise when blending and scaling capital for project financing. Blended financing combines capital from investors who are willing to accept different levels of risk and allows for larger scaling of projects. But legal issues emerge when structuring blended finance transactions such as documenting and managing pooled capital structures across investors with different risk appetites, negotiating with International Financial Institutions and Development Financial Institutions, and structuring transactions that involve blended finance. While managing various investors like this can be difficult, blended financing may be an option to address larger social impact investment needs.
The panel included leading legal and investment professionals including representatives from USAID, OPIC, the Acumen Fund and Bowmans.
It was organized by the Bertha Centre for Social Innovation and Entrepreneurship in partnership with the Grunin Center for Law and Social Entrepreneurship at NYU School of Law.