Orrick Focuses on Impact Finance & Investment: A Growing Field for the Private Equity Market

July.13.2017

A leading advisor to the Impact Finance and Investment market, Orrick has expanded its practice with the creation of a full-time position focused on helping clients to create and sustain intentional and measurable social and environmental impact alongside financial returns. The firm is making this move in response to the growth of the global Impact Finance and Investment market, particularly with heightened interest among private equity funds in impact investing opportunities.

The field of impact investing is vast and growing. According to the Global Impact Investing Network’s 2017 Annual Impact Investor Survey, over $22 billion was invested in nearly 8,000 impact transactions in 2016. There was a reported 15% increase in the amount of investments from 2015 to 2016, and the market is expected to grow another 17% through the end of 2017.

Perry Teicher, who initially joined Orrick as the Impact Finance Fellow, will now serve this market full-time as the firm’s Impact Finance Attorney, based in Orrick’s New York Corporate practice. Working in concert with Orrick’s private investment fund practice and technology companies group, Perry and the firm’s global team advise private investment funds, companies, and entrepreneurs on achieving their impact investing goals.

Ed Batts, head of Orrick’s global M&A and Private Equity Practice Group, noted: “Impact investing is increasingly important to our private equity fund clients, as limited partners such as public investment funds and university endowments place a stronger emphasis on PE allocations to this asset class. With Perry’s appointment, we look forward to continuing to bring significant resources to bear in this area and helping our clients make connections with impact investment opportunities.”