RESUME
Patrick Reichert is the Associate Director at IMD's Center for Social Innovation and Visiting Professor in the European Master in Microfinance at the Université Libre de Bruxelles (ULB).
His work sits at the intersection of entrepreneurial finance, impact investing, and business model innovation, with a focus on designing financing mechanisms that mobilize private capital for social and environmental impact in fragile and underserved contexts.
Before joining academia, he worked as a Senior Financial Analyst at Simpa Networks (India), contributing to raising over USD 10 million to scale distributed solar energy access to more than 100,000 low-income households.
He holds a PhD in Management and Economics from the Solvay Brussels School of Economics and Management (ULB) and a Master in Microfinance from the European Microfinance Programme.
His work sits at the intersection of entrepreneurial finance, impact investing, and business model innovation, with a focus on designing financing mechanisms that mobilize private capital for social and environmental impact in fragile and underserved contexts.
Before joining academia, he worked as a Senior Financial Analyst at Simpa Networks (India), contributing to raising over USD 10 million to scale distributed solar energy access to more than 100,000 low-income households.
He holds a PhD in Management and Economics from the Solvay Brussels School of Economics and Management (ULB) and a Master in Microfinance from the European Microfinance Programme.
Research fields
Entrepreneurial Finance | Impact Investing | Blended Finance | Social Entrepreneurship | Microfinance | Humanitarian Finance | Business Ethics
most representative publications
- From fiduciary duty to impact fidelity: Managerial compensation in impact investing. Thirion, I., Reichert, P., Xhauflair, V., & De Jonck, J. Journal of Business Ethics, 179(4), 991–1010. (2022).
- Impact orientation and venture capital financing: The interplay of governmental, social impact and traditional venture capital. Mele, V.L., Quas, A., Reichert, P., & Romito, S. Finance Research Letters, 68, 105987. (2024).
- A meta-analysis examining the nature of trade-offs in microfinance. Reichert, P. Oxford Development Studies, 46(3), 430–452. (2018).
- What is a fair level of profit for social enterprise? Insights from microfinance. Hudon, M., Labie, M., & Reichert, P. Journal of Business Ethics, 162(3), 627–644. (2018).
- Crowding-in or crowding-out? How subsidies signal the path to financial independence of social enterprises. Reichert, P., Hudon, M., Szafarz, A., & Christensen, R.K. Perspectives on Public Management and Governance, 4(3), 291–308. (2019).
- Humanitarian Impact Finance: Instruments & Approaches. Farber, V., Reichert, P., Martin, M., & Coderque Galligo, J.L. IMD Whitepaper: Center for Social Innovation. (2024).
- Applicants’ fairness perceptions of algorithm-driven hiring procedures. Lavanchy, M., Reichert, P., Narayanan, J., & Savani, K. Journal of Business Ethics, 188(1), 125-150. (2023).
- Blood in the water: An abductive approach to startup valuation on ABC's Shark Tank. Lavanchy, M., Reichert, P., & Joshi, A. Journal of Business Venturing Insights, 17, e00305. (2022).
- Risky business: Comparing the opportunity evaluation decisions of social and commercial entrepreneurs. Bird, M. D., Reichert, P., & Farber, V. Economics Letters, 112634. (2025).
- Increasing energy access: the rise of pay-as-you-go solar and innovative financing partnerships. Reichert, P., & Trivella, U. Enterprise Development & Microfinance, 26(3). (2015).
