Investment intermediaries in economic development: Linking public pension funds to urban revitalization

Gordon Clark (), Lisa A. Hagerman and Tessa Hebb

Community Development Innovation Review, 2007, issue 1, 45-65

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.

Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://www.frbsf.org/wp-content/uploads/sites/3/review_vol3issue1_2007.pdf Full Text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedfcr:y:2007:p:45-65:n:v.3no.1

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Community Development Innovation Review from Federal Reserve Bank of San Francisco Contact information at EDIRC.
Bibliographic data for series maintained by Federal Reserve Bank of San Francisco Research Library ().