International law firm McDermott Will & Emery is pleased to share that our Impact Finance Practice has been recognized as part of NYU School of Law’s Grunin Prize for Law and Social Entrepreneurship Award.
A McDermott team, led by London-based Partner Ranajoy Basu and Counsel Priya Taneja, advised Education Outcomes Fund (EOF) and United Nations Children’s Fund (UNICEF) on setting up a joint structure, which involved aligning the outcomes-based model in relation to EOF’s existing educational programs in various jurisdictions and ensuring the contractual structure conformed to the fund located within UNICEF. The partnership with McDermott has allowed EOF to operate as an independent trust fund hosted by UNICEF, which provides fund management, legal, procurement and administrative services to EOF.
The Grunin Prize aims to reward the innovation, replicability and/or scalability, and potential impact of projects and solutions developed by lawyers to advance the fields of social entrepreneurship and impact investing.
You can learn more about this innovative partnership here.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
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