The report published by European Venture Philantropy Association (EVPA) highlights the key issues and considerations for measuring and, more importantly, managing impact at each stage of the investment process. It includes investment strategy, deal screening, due diligence and deal structuring, investment management and exit. Each stage is linked to EVPA’s five-stage framework developed in the Practical Guide to Measuring and Managing Impact. It shows how EVPA’s own framework and other relevant IMM initiatives complement each other and can work together.