Investment

The investment is the latest from the Swiss investor’s second Sustainable Food-Asia fund and supports a company that has established itself as a key player in Indonesia’s  aquaculture sector in less than a decade.     

Fund managers Fount have invested in Indian ready-made garment manufacturer Progress Apparels and Bangladeshi cotton yarn and denim fabric producer Sri Kannapiran Mills.

The investment team said the fund would invest in up to 35 companies globally, whose activities help improve well-being and inclusion, and support the move towards a sustainable economy. 

The fund is intended to help narrow Africa’s infrastructure spending gap, building on Africa50’s existing portfolio of major projects across the continent.  

DePoly has raised CHF12.3m in a seed funding round to scale its chemical recycling process. Investors backing the company include Dutch impact investor Infinity Recycling.

Almost 160 private debt impact funds in Phenix Capital’s impact database target SDG 1 by tackling poverty in emerging markets.

There is scope to replicate the concept of the Ecuador debt-for-nature swap, according to Stefan Wandrag, who was the deal-lead for Climate Fund Managers.

Private equity is the most popular way for UK pension funds to make impact investments, but a wider geographical spread and greater attention to additionality would improve effectiveness, according to Pensions for Purpose. 

The acquisition, made jointly with Canada’s Omers Infrastructure, is part of ABP’s tightened policy to invest more ‘with impact’ in the Netherlands.

The IB Deuda Impacto España will invest in 40 high-impact social projects across Spain and aims to raise €150m over hte next year.