Lisa A. Hagerman, Ph.D.

Expertise

• Community development
• Emerging domestic markets
• Investment vehicles and community partners in urban investments
• Public pension fund alternative investing

Education

• Ph.D., Economic Geography, 2008, University of Oxford
• M.A., Political Science, 2001, University of North Carolina at Chapel Hill.
• B.A., 1990, Bucknell University

Lisa Hagerman is the director of the More for Mission Campaign Resource Center at the Boston College Institute for Responsible Investment.

She works with the Center for Community Capital on a project funded by the Ewing Marion Kauffman Foundation that seeks to better understand the social metrics landscape of urban investments from the institutional investor's perspective. The work intends to assess and analyze how investors view measuring the social returns on urban investments. Measuring the financial returns is currently standard practice while reporting on the social returns, such as job and wealth creation for low-income individuals, is still developing.

Through qualitative research interviews with foundations, public pension funds, insurance companies and banks, the project aims to identify the level of importance investors place on reporting of the ancillary returns. The larger goal is to assess whether there is interest from investors to advance the industry agenda to create a high-level, flexible set of benchmarks unique to each asset class or certification process for qualified funds that would attract more institutional capital to the underserved markets.

Hagerman's work at the University of Oxford focused on public pension funds and urban revitalization where she is also affiliated as a research associate at the Oxford University Center for the Environment School of Geography. In July 2008 she completed her appointment as a research fellow at the Labor & Worklife Program, Harvard Law School working on the Pension Funds & Urban Revitalization Initiative funded by The Rockefeller and Ford Foundations.

Before starting her research at Oxford, Hagerman worked in regional public-private partnerships as vice president of Economic Innovation International, Boston, a consulting firm that builds privately capitalized community equity funds.

Prior to her consulting work, she was assistant vice president in the government relations group for Wells Fargo Bank, San Francisco, where she coordinated development of bank positions and represented Wells Fargo to elected officials. She also worked for Citibank, New York, for seven years marketing transactional banking products as assistant vice president in the Latin American Marketing division.