The GIIRS Ratings feature, located on the side bar of B Analytics, allows fund managers to generate reports for GIIRS rated companies, funds, funds in formation, and fund manager assessments. 

GIIRS Impact Ratings are the gold standard for impact measurement in impact investing. They are rigorous, comprehensive, and comparable ratings of a fund in formation's social and environmental impact. 

Funds that have not deployed 25% of their committed capital receive a GIIRS Fund-in-Formation Rating. These ratings will reflect the fund manager's assessment score, but no aggregate fund rating. 

If the Fund has made investments, each portfolio company will receive an individual company rating. Companies receive a medal rating –platinum being the highest– for their portfolio's Impact business Model score. The IBM Rating recognizes 25+ different business models that are specifically designed to solve social or environmental problem. For example: socially or environmentally focused products or services; underserved beneficiaries; and other innovative ownership and operation models. Companies receive a star rating –five stars being the highest– for their portfolio's Operations Rating score. It evaluates the impact of the portfolio in how it operates, sometimes referred to "ESG" (or Environmental, Social and Governance) practices. 

To generate a rating for a Fund in Formation, go to the Fund in Formation Ratings tab on the top left of the dashboard. Then, click on the GIIRS FiF Overview sub tab. 

**Please note that the other sub tabs (Fund Manager Assessment, Portfolio Performance Breakdown, and Fund Details) will not have content until you generate a rating for a Fund in Formation at a specific year, unless there is only one Fund in Formation for just one year in your portfolio.

The default view will give you a list of all the Funds in Formation in your portfolio.  

If your portfolio consists of multiple Funds in Formation, you can select the fund you want to get a rating for from the overview. Alternatively, you can also filter your content based on the Fund in Formation's Market and Rating Year. 

Once you have found the Fund in Formation you want a rating for, just click on Generate Rating. 

After you generate a rating, the content of the Fund Manager Assessment, Portfolio Performance Breakdown, and Fund Details sub-tabs will update. Click on each of them to visualize different sections of a full report of the Fund in Formation. 

You can download the Fund in Formation Report for offsite viewing. To learn more about this function, click here. 

We hope this short tutorial was an useful guide for the GIIRS Fund in Formation Ratings feature. If you have any further questions, feel free to submit it through the platform and one of our team members will get in contact for assistance.