Impactive Capital underwrites 20% IRRs across four pass-fail criteria
Lauren Taylor Wolfe · Sustainable Investing 8: Lauren Taylor Wolfe – Activist Perspective (Capital Allocators, EP.146) · Jul 2, 2020 · at 11:08
Lauren Taylor Wolfe, co-founder of Impactive Capital, outlines the fund's investment framework and return targets.
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“So at Impacted, we have four key criteria that we look at in our investment strategy, They're all pass fail. So every one of the companies in our portfolio must pass this. It's quality, valuation, time, and activism. And so we just spoke a bit about quality. Valuation is we're looking to underwrite high teens, low, 20 IRRs. We generally like a three to one risk reward on entry.”
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