Funds

Dutch pension provider APG is investing $750 million in a new fund managed by ILX Management which will invest jointly with development finance institutions to provide loans for SDG-focused companies and projects in emerging markets

InnovationQuarter, the regional economic development agency for the greater Rotterdam-The Hague area in The Netherlands, last week expanded its IQCapital fund with €63.6mn to a total size of €140mn.

One year into the new role of Head of Social Impact Investment of the Church of England Vanessa Morphet discusses her strategy.

Rubio Impact Ventures closed its second fund last week at €110mn, almost 40% over target. It added a new seed facility to invest in earlier-stage companies.

Retail investors who want to invest in microfinance in emerging and developing countries can now do so through the Actam Impact Financial Inclusion Fund.

The clue is in its name: the Brabant Outcomes Fund pays investors a return based on performance. In fundraising for a new €20mn fund, the BOF is trying to find private investors’ sweet spot.

Goodwell Investments, the oldest impact investor in the Netherlands, has started a €50mn fund aimed at fast-growing small and medium-sized companies in Africa.

Many European impact fund managers delayed the launch of new funds as a result of the global pandemic last year, but will go to market this year.