Legal tools and innovations

By: Karyn Polak – Impact Entrepreneur correspondent and GAIL North America Regional Member

August 27, 2024

This article by the Impact Entrepreneur reviews the Annual Grunin Conference and its contribution towards the impact investing space. Held at NYU, the conference brings together over 300 global leaders—lawyers, academics, and impact investors—to address the imbalances in the financial system. The article suggests that the conference is driving a fundamental shift in the power dynamics of investing. This year’s event showcased innovative tools like Vested® and Conscious Contracts®, which aim to create more equitable and collaborative relationships between investors and those they support. The Grunin Conference has become a hub for redefining how legal frameworks can foster inclusivity and shared value, offering a fresh perspective on impact investing.

Read more to learn how this pivotal event is shaping a fairer future in finance.

Shifting Power Dynamics in Investing

Since its inception nearly a decade ago, the Grunin Conference has been dedicated to expanding the global community of lawyers working in social entrepreneurship and impact investing. Both the conference and the impact investing field have significantly evolved over this time. This year’s conference featured provocative discussions and introduced innovative tools aimed at shifting power dynamics in the investment space to achieve more equitable, collaborative, and therefore more efficient and shared outcomes for all stakeholders. This includes the individuals, communities, and institutions we aim to positively impact through this work. For the attendees and contributors to the Grunin Conference, it all begins with the lawyers and their primary tool of trade — the documentation.

– Karyn Polak, Impact Entrepreneur