Nesta Investment Management LLP

Direct investor

User Profile

Nesta Investment Management is the investment management arm of Nesta, the UK's innovation foundation. We manage Nesta Impact Investments - a $25m early stage investment fund for social ventures.

IRIS Use

We aim to align our output indicators with IRIS metrics wherever possible. Output indicators form part of our impact performance model.

Other Impact Measurement Tools

We have a custom model for assessing and targeting impact performance in our investments, which is documented in our publication "Standards of Evidence for Impact Investing" (Puttick & Ludlow, Nesta, 2012). In summary we: - invest in ventures with the potential for positive effect on one of our target outcomes; - set ventures goals for increased rigour of evaluation of their effect on the outcomes; - agree definitions of target population, and units of output, and set targets for increased volume of output.