Investment

The Belgian impact fund manager has secured backing from Degroof Petercam Asset Management and Korys to accelerate its growth and impact in emerging countries.

New investors ETF Partners and Astelia led this latest funding round, with backing from Rockstart and other existing investors.

The Green Earth Impact Fund is seeking to attract up to $250m of investment in fund aiming to close the public-private financing gap for sustainable investments. 

Managers of the Federated Hermes Impact Opportunities Fund have invested in STMicroelectronics, a specialist in more energy efficient silicon carbide power electronics for EVs.

The annual PYM Impact Days gathering for wealth owners is taking place in Driebergen this weekend, under the title ‘Imagining the New Economy’.

The fund is the first to be launched on Lloyd’s new investment platform, created as a vehicle to pool the collective resources of the insurance market’s investors.

The European Investment Fund is helping to facilitate investments in Portuguese firms targeting the energy transition, climate resilience, sustainable use of the marine environment and the circular economy.   

A ‘blended government’ approach based on public-private partnerships can help overcome the shortcomings of the ‘vending-machine government’ model, according to the authors of ‘Bridgebuilders’, reviewed by Christopher Walker.

The fund has increased its investment in PEF Technologies, a tech firm developing a more sustainable, less energy-demanding alternative to traditional pasteurisation.

An impact fund launched in early 2022 to target Dutch circular economy projects that require patient capital has attracted new participants, including two insurers.