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The objective of this dissertation was to develop and evaluate risk mitigation techniques for
Social Impact Bonds in order to attract more institutional investors and thereby, scale the social
impact of this financial instrument. This dissertation reviews the literature on the topic of Social
Impact Bonds. It analysis this new financial instrument from the perspective of risk mitigation
by developing techniques that allow a more holistic approach to allocate risk to various
stakeholders of Social Impact Bonds. Comparable financial instruments such as Public-
Private-Partnerships were therefore analyst with regards to their risk mitigation techniques.
Finally, interviews with practitioners were performed and further experts were surveyed. The
dissertation concludes that risk mitigation techniques that evaluate and support the service
provider and techniques that focus on the cooperation and contract between governments and
investors have the highest ability to reduce risk to investors.