Investment

The Fidelity Real Estate Logistics Impact Climate Solutions Fund will invest in Western Europe’s logistics sector with the aim to transform existing ‘brown’ buildings into carbon neutral properties.

The fund, launched in early 2023, has attracted investment from African pension funds and other local institutional investors, along with development finance institutions.

The grants have a focus on amplifying measures that will benefit low-income and disadvantaged communities, while also helping to achieve net-zero objectives. There are calls for a similar approach to be taken in Europe.  

Anchor investor Big Society Capital is joined by Housing Association Places for People, Esmee Fairbairn, several family offices and high-net-worth individuals as financial backers.

Adverse market conditions, concerns about greenwashing and a backlash against sustainability have led to a decline in the appeal of impact investing worldwide, according to a study by American Century Investments.

The new mandate will focus on climate change and UN Sustainable Development Goals 7 and 13, according to IPE Quest.

Without catalytic investors, entrepreneurs and impact fund managers would find it impossible to build the track record needed to scale their models and maximise impact, writes Social Nest Foundation’s Vásquez del Solar.

Impact X Capital Partners has announced a £12m first close for its fund backing underrepresented entrepreneurs. CEO Eric Collins highlights the opportunities that differentiated deal flow can bring in terms of impact and venture scale returns for its investors.

Europe-focused climate venture capital firm secures backing from major institutional investors amid “very difficult” fundraising environment.

Tom Hall, global head of social impact and philanthropy at UBS, tells Impact Investor that collective philanthropy is about more than just pooling financial resources to fund the world’s most urgent challenges.