Sovereign Investment Vehicles and the Case for Social Returns – Toward a Research Agenda

by Patrick J. Schena, Nicholas Roose, Kanishk Bishoi

While SWFs unequivocally seek financial returns as a result of various mandates, there is considerably less agreement on the extent to which SWFs pursue other non-financial strategic objectives, including those in support of national policy agendas related to, for example, economic or national security.

In this research note the authors propose to move this discourse in a new direction and so posit the question: Are sovereign investment vehicles candidate investors in projects or products with dual return structures that include the expressed goal of generating social returns?

Sovereign Investment Vehicles and the Case for Social Returns – Toward a Research Agenda