Yes, according to an analysis of data from a new impact investing benchmark. Launched by consulting firm Cambridge Associates in collaboration with nonprofit group Global Impact Investing Network, the benchmark aggregates the returns of private equity and venture funds focused on generating positive social and environmental impact.
The funds in the pool target sectors from education to microfinance to economic development. The benchmark, like any dataset, is by no means perfect at its inception—especially because a nascent market presents a smaller sample. But it’s poised to grow as the industry matures.
Here are some takeaways from the research: