Journal Article
Investment intermediaries in economic development: Linking public pension funds to urban revitalization
Abstract: It is difficult for large investors, such as pension funds, to make investments in EDMs because they must make very large investments. The investments in communities of need, however, are usually small. The most successful strategy to overcome these two problems is for investors to work in concert with intermediaries that can aggregate the investments and community partners that understand both the need of communities and know how to tell ?the story? to investors.
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Bibliographic Information
Provider: Federal Reserve Bank of San Francisco
Part of Series: Community Development Innovation Review
Publication Date: 2007
Issue: 1
Pages: 45-65