The Milken Institute’s Center for Emerging Domestic Markets has been a leader in researching and writing about the issue of expanding investment in traditionally undervalued and undercapitalized entrepreneurs, enterprises and communities, including women and ethnic business owners, urban...

The data on emerging domestic markets are fragmented, non-standardized, and not widely accessible. One way to remedy this information gap would be to create a “data consortium” that leverages existing resources and uses them to build an integrated database. Increasing the amount and quality...

The potential of private equity investment in emerging domestic markets to deliver strong financial returns while also giving rise to public benefits has drawn the attention of both venture and economic development capital, as well as policymakers and researchers. Ratcliffe examines this...

The CDFI Fund has used the CIIS database to collect organization, financial, and impact data annually from award recipients. This article discusses all aspects of CIIS with a particular focus on the transaction level data as a unique and long-awaited data set for the investors and researchers...

The Small Business Portfolio Evaluator™ analytical model helps issuers and underwriters to assess the gross default and prepayment risk of small business loan portfolios using a Monte Carlo simulation. This new tool provides an important first step to securitizing existing community...

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...