Impactful Conversations: Carried Interest by Verified Impact Calculations (CIVIC)

An Interview with Henrik Jones at Buckhill Capital

27 May 2020

In this special shelter-in-place edition of “Impactful Conversations” podcast, MoFo fund formation lawyer Sean Byrne interviews Buckhill Capital General Partner Henrik Jones about collaborating with MoFo to create a new investment term, the Carried Interest by Verified Impact Calculations (CIVIC). The CIVIC links a fund’s carried interest to quantifiable impact metrics, and thus has the potential to create billions of dollars of incentives for institutional investment managers to pursue impact goals alongside financial returns. This project is a finalist for NYU’s Grunin Prize for Social Entrepreneurship.

Having worked in the investment business for nearly 40-years, Henrik had most recently been working as a traditional private equity manager until about five years ago, when his daughter asked him, “Why don’t you try to do more than just make money? It’s not much of a legacy.”

“And so she challenged me to do something that would also have a positive impact. And that was really exciting,” Henrik explains.



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