Funds

Arturo Benito, CEO of Spain’s Impact Bridge Asset Management, talks about the company’s quest to drive social impact by building bridges between multiple stakeholders.

The fund will invest in the “missing middle” between venture and buyout in climate-related sectors including energy transition, buildings and mobility, climate intelligence, production and consumption, and food and agriculture. 

FINN, which operates a car subscription business in the US and Germany, will use the €100m funding round to more than double the share of low-emission vehicles to over 80% of its fleet.

AgilityEco, an energy efficiency services business aimed at reducing fuel poverty and CO2 emissions from UK households, has seen its turnover increase threefold since Bridges investment in 2019.

Impact Europe and GSG were among signatories to an open letter calling on the EU to put impact investing centre stage when reappraising its green investment regulatory framework.

Invest-NL has launched a successor to its Dutch Future Fund I. | Companies with emissions reduction targets are more aligned with the EU taxonomy | Triodos IM on SFDR.

The survey shows a market more oriented towards making social rather than environmental impact and seemingly confident that investing in impact does not necessarily mean big compromises on financial returns. 

Asset owners are wrestling with how to balance pressure to decarbonise their own investment portfolios in the short-term against the benefits of investing in longer-term decarbonisation of polluting industries.

The investment is in line with Goodwell’s aim to support innovative African companies that are contributing to a more inclusive society.

Sharp declines in venture capital flows to impact startups impede progress towards the UN Sustainable Development Goals, and there is little sign of a pick-up in the near-term.