A new “Alpha in Impact” study explores how an impact investment approach can generate alpha for investors; highlights growing suite of impact-specific legal tools used during exit. Impact Capital Managers, Morrison Foerster, and Research Fellow Divya Walia have released a new report, “Strengthening Outcomes: Impact and Financial Value at Exit,” that shows almost two-thirds (65%) of impact exits meet or exceed financial performance expectations. The first-of-its-kind study draws on a sample size of 230 exits from ICM members, each of which manages a market-rate impact fund and is therefore uniquely positioned to provide data and insights into the success of impact exits and the key drivers of that success.