Nicola,EnvironmentalImpactBonds.pdf-InternationalLand.PDFVIP

C A S E i 3 W o r k i n g PA P E r # 1 Environmental Impact Bonds David J. Nicola MBA, Class of 2013 Duke University, The Fuqua School of Business CASE i3: The CASE Initiative on Impact Investing ENVIRONMENTAL IMPACT BONDS • 2 Author David J. Nicola MBA, Class of 2013 Duke University, The Fuqua School of Business Contact: david.nicola@ David Nicola is a 2013 MBA who recently graduated with honors from The Fuqua School of Business. Prior to Fuqua, David spent seven years in the financial industry as a portfolio manager at BlueMountain Capital Management and as an investment banking analyst at Citigroup. After stepping away from wall street in 2009, David spent time traveling abroad, pursuing photography, and serving as a Fellow at the Capital Institute in Greenwich, CT. He is an avid conservationist with a Natural Resources degree from Cornell University and extensive volunteer experience with The Nature Conservancy, both as a founding member of TNC’s Young Professionals Group in NYC and as a Young Professionals Board Member from 2005-2011. At Fuqua, David served as student co-chair for the CASE i3 Initiative on Impact Investing, received Fuqua’s 2012 CASE Seed Prize for Social Entrepreneurs, and served as a 2011 Investors’ Circle Venture Fellow. Edited and Advised by Catherine H. Clark Director, CASE i3 Initiative on Impact Investing Duke University, The Fuqua School of Business Contact: cathy@ Cathy Clark is Director of the CASE Initiative on Impact Investing (CASE i3) and a professor at Duke University’s Fuqua School of Business. A former impact investor who has managed both foundation and private investment funds, Cathy helped develop the stand