Impact Analysis
Understanding The Broader Impacts of Private Capital
Impact analysis is essential for making informed decisions that consider all stakeholders. It evaluates potential outcomes, helping organizations navigate complex choices effectively and sustainably.
Impact Analysis Services Overview
Bella’s Impact Analysis service equips institutional investors with the tools to measure what matters, providing rigorous, data-driven evaluations of the economic, environmental, and social outcomes of capital deployment. In a landscape where mission alignment and accountability are increasingly critical, we help allocators move beyond high-level ESG language to define meaningful metrics, assess real-world results, and communicate impact with credibility. Whether supporting public mandates, mission-related investing, or portfolio-level ESG integration, our work is rooted in empirical methods and allocator-tested frameworks. We tailor each engagement to the client’s objectives, helping investment teams, boards, and policy stakeholders make informed decisions about how capital shapes outcomes, not just returns. Bella’s approach ensures that every impact thesis is grounded, measurable, and actionable, adding transparency, structure, and strategic value to responsible investing initiatives.
Example Engagements:
Impact Framework Design
Create clear methodologies to define, track, and report impact outcomes.
ESG Integration Assessments
Evaluate ESG alignment at the fund, manager, or portfolio level.
Outcome-Based Reporting
Build reports that link capital deployment to measurable results.
Mission-Driven Portfolio Reviews
Analyze whether investments reflect institutional purpose and goals.
Why Clients Choose Bella
Our impact analysis services offer precise insights that enhance your decision-making processes and drive strategic success.
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Measurable Outcomes
Bella helps clients turn ESG goals and impact objectives into quantifiable metrics, linking capital deployment to real-world outcomes with clarity. Our work enables institutions to demonstrate mission alignment without compromising analytical rigor.
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Credibility & Trust
In an environment wary of greenwashing, Bella applies academic methods and empirical standards that stand up to scrutiny. Clients gain defensible frameworks and reports that build confidence across boards, regulators, and stakeholders.
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Mission Integration
Impact analysis is not an add-on, it is integrated into broader strategy, governance, and performance frameworks. Bella helps institutions align their values with how they allocate, measure, and communicate outcomes.
How We Solve Your Challenges
Quantify Your Impact
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Unclear or undefined impact goals, which can result in an unfocused investment strategy, reduced measurable impact, and wavering support from key stakeholders |
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Works with clients to design, implement, and monitor grounded methodologies based on industry best practices. The frameworks we help clients implement encourage them to define, track, and report on stated impact goals |
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Implementing impact goals that are misaligned with the organizations capabilities, which can lead to suboptimal investment return and impact outcomes through exposure to risks the organization is not organized to manage |
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Completing client impact integration assessments at the deal, fund, and firm levels. We assess whether the stated impact goals are achievable within the client’s current capabilities, geography, and overall market, providing insights and recommendations focused on optimal integration |
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Unlike financial reporting, there is a lack of shared impact reporting standards across jurisdictions, making impact measurement, tracking, and benchmarking difficult |
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Working with clients to identify the most common impact reporting standards and metrics to implement in its impact measurement framework. We monitor the ever-changing impact-reporting landscape, ensuring clients are operating within current best practices, helping them avoid perceptions of greenwashing |
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The inability to link impact outcomes directly to the capital the organization invests, potentially creating the perception it is not reaching impact goals when it actually has catalyzed substantial growth |
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Advises clients on the best practices of measuring and contextualizing impacts generated from investment. We use our expertise to conduct detailed impact measurement assessments that quantify the client’s real impact and contextualize it against peer and industry benchmarks |
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Determining the correct benchmarks to compare an organization’s impact and financial return track record against is fraught with difficulties, creating situations where organizations compare themselves against non-representative benchmarks and are held to artificially-high standards |
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Constructs custom peer and industry benchmarks that accurately match the client’s impact and return mandates. Acting as an objective third-party, we engulf ourselves in the client’s data, working closely with them to understand their impact-investment thesis so that its outcomes are scrutinized relative to apples-to-apples peer and industry benchmarks of other impact-oriented entities |
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Communicating the nuances of impact assessment and its results to stakeholders requires the unique capability of the organization to concisely distill complicated concepts into digestible reports, failure to do so can lead to lack of necessary stakeholder support and alignment |
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Authors reports and presentations with the intention of simplifying the complex frameworks of impact assessment for all stakeholders. We lean on our decades of experience to create targeted, digestible, and concise deliverables that clients can present to stakeholders of all levels |
Past Work
See our Expertise in Action
Structuring & Delivering a Value-Added Services Program
We provided strategic guidance to a client to coordinate the delivery of value-added services in the broader venture ecosystem. By distilling best practices from VCs, angel groups, and other early-stage investors known for the quality of their value-added services, we created a detailed research report and conducted multiple workshops with key stakeholders to develop a series of actionable recommendations for developing best-in-class value-added services programs.
Social Impact Assessment
We assessed the impact on portfolio companies of ownership by a large US PE firm by quantifying changes in employment, wages, workplace safety, and innovation using custom-built measurement frameworks informed by academic best practices. The results of these analyses were presented by the firm to investors in several of its annual group meetings.
Monte Carlo Portfolio Risk Analysis
We quantified the risk of a multi-tranche securitized private equity offering using a custom-built Monte Carlo-style simulation analysis. The results of this independent risk analysis were incorporated into the offering prospectus to help educate potential investors.
Insights on Global PE investing
We produced a comprehensive guide to current thinking and best practices in private equity investing for a large institutional investor. The research touched on various topics such as return premiums, risk assessment, and performance persistence.
PE Masterclass
We organized and conducted a series of masterclasses in private equity for regional investors sponsored by a major global fund manager. We presented findings from new academic research, and provided an in-depth analysis of current industry trends. These lectures were supplemented by interactive class discussions, allowing attendees to derive valuable insights from the program.
Public investment fund Structure for Entrepreneurship
We worked with an industry group to structure a public-private investment fund to encourage the development of an entrepreneurial ecosystem. Based on extensive on-the-ground and secondary research, our recommendations balanced the program’s need for financial sustainability with the goal of activating significant risk capital for early-stage ventures.
Delivering Results Around the Globe
Client Countries
Bella’s global reach spans 30+ countries and 6 continents
Clients Served
Bella has helped new and established groups alike from across the private market spectrum
Combined Client AUM
Bella’s clients range from first-time funds to multi-trillion-dollar financial institutions
Years Active
Bella has built longstanding relationships with private capital leaders over its decade-plus of advising the industry
Our Process Explained
Discovery & Alignment
We begin by listening, understanding your mandate, goals, constraints, and decision environment. This ensures every engagement is framed around what matters most to your institution.
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Diagnostic & Scoping
Through targeted assessments, we identify the key questions, challenges, and opportunities shaping your capital strategy. We define a scope of work tailored to your structure, scale, and context.
Custom Research & Analysis
Our team develops bespoke research, simulations, or strategic frameworks grounded in empirical methods and allocator-tested models, always aligned with your objectives.
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Strategic Advisory & Recommendations
We translate insights into action. Whether the output is a governance redesign, a performance benchmark, or a new capital policy, every recommendation is clear, practical, and defensible.
Stakeholder Engagement & Refinement
We collaborate with your team, boards, or partners to present findings, gather feedback, and refine recommendations, ensuring alignment, buy-in, and clarity across all stakeholders.
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Implementation Support & Ongoing Advisory
We provide continued support as you operationalize changes, helping to troubleshoot, refine, and adapt as new challenges and opportunities emerge.
Answers to Frequently Asked Questions
Common Questions About Impact Analysis
Bella offers custom impact assessments that quantify ESG and non-financial outcomes alongside performance, grounded in empirical data and allocator goals.
Yes, depending on the client’s reporting jurisdiction, and the various standards and regulations it may be subject to, we will work with the client to determine the most applicable framework. For instance, we have partnered with clients to review various standards such as the IFRS Sustainability Disclosure Standards (ISSB), Global Reporting Initiative Standards (GRI), among others.
Absolutely. Bella designs integrated dashboards and reporting tools so ESG insights are part of strategic reviews, not a separate add-on.
Groups like institutional LPs, DFIs, sovereign funds, and mission-aligned foundations all rely on Bella to evaluate how their capital drives change, as well as private capital managers interested in understand the impacts of their ownership on their portfolio companies and employees compared to their peers.
All assessments are built using verified data, stakeholder interviews, and documented methodology—designed to hold up under board, public, or regulatory scrutiny.
Why Choose Us?
Tailored Solutions
Our services are customized to address your specific financial challenges and sector, enabling you to implement effective strategies that lead to success.
Expert Insights
Gain detailed analytics that help you comprehend market trends and consumer behavior. Our insights are reliable, making planning easier and more effective.
How We Help
Customized Private Market Solutions
Who We Help
Expertise Translated into Real Results
Industry Groups
Helping Build Private Market Understanding Through Custom Thought Leadership
Ready to get started?
At Bella Private Markets, we are dedicated to providing world-class insights and analyses to help you navigate the complexities of the private market landscape. Our expert team is here to assist you through our consulting services, impactful research, and tailored training programs to help empower institutional decision-making.