個案資料

This case examines Blue Haven Initiative (BHI), an impact investing fund and family office, and one of its investments, PEGAfrica (PEG). BHI founder Liesel Pritzker Simmons' motivations for using her family wealth to start a family office focused on impact investing, as well as BHI's approach and strategy, including direct and indirect investments, fund manager selection, total returns, sourcing and due diligence of direct investments, and other aspects. The case explores a specific investment decision in depth. In May 2017, Pritzker Simmons and BHI Director of Private Investments Lauren Cochran were considering whether to invest an additional $1 million in PEG's upcoming $5 million Series B round, at a $20 million pre-money valuation. PEG offered pay-as-you-go (PAYG) financing plans that allowed customers to make small payments via mobile money to pay off financing for the solar equipment over time. The case details PEG's business model, growth strategy, financial structure, and the landscape of investment capital in West Africa during the time of the case.

• Innovation
• Capital budgeting
• International finance
• Emerging markets
• Going public
• Capital structure
• Environmental sustainability
• Return on investment
• Organizational values
• Foreign investment
• Portfolio management
• Pricing strategy
• Asset management
• Social entrepreneurship
• Private equity
• Stakeholder relations
• Risk management
• Start-ups
• Technology and analytics
• Family businesses
• Business plans
• Value creation
• Microfinance
• Business growth
• Corporate social responsibility
• Balance sheets
• Fixed income securities
• Exchange rates
• Cash flow