Context v. Concession: Why do markets misread context-fit structures as concessionary?

Magda Guillen Swanson LaFamilia Foundation

Track

Shaping Capital Systems

Format

The Collaborative Forum ((Up to 3 Facilitators/Speakers))

Speakers

  • NameMike Silvestri
  • TitleVice President, Impact Investments
  • OrganizationSocial Finance
  • NameLili Gangas
  • TitleChief Technology Community Officer
  • OrganizationKapor Center
  • NameMagda Guillen Swanson
  • TitleGP, FamiliaFund
  • OrganizationLaFamilia Foundation | FamiliaFund

Description

In impact investing, flexible terms are often treated as synonymous with concessionary capital. But that assumption may distort the market. This session explores whether certain forms of flexibility like repayment timing, upside participation, downside protection, governance, or capital recycling, are not signs of weaker discipline but better design. Panelists will examine how investors distinguish between genuine concession and structures that more accurately reflect enterprise realities, community needs, or mission goals.

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