This new paper from KP Advisors puts forth a vision of “impact investing for social equity.” Noting that conventional impact investment strategies still tend to prioritize the needs of investors over the needs of communities, the paper draws on interviews with leaders in the field who are using investments to address the root causes of social and economic inequality. The authors call on investors to shift their expectations with regards to levels of risk, return, and time frame, and to better involve local communities in the decision-making process: