Francois de Borchgrave, managing partner at Belgium-based investment firm KOIS, is one of those pushing the boundaries of impact bonds. Then, he began experimenting with social impact bonds to see how these would develop as a segment. “The concept of impact bonds only started about nine years ago. Earlier this year, the firm launched a development impact bond, targeting Syrian women refugees in Lebanon and Jordan. “In a social impact bond, the party paying for the outcomes is usually the local government.

Source: The Edge Markets May 27, 2019 07:07 UTC