Phenix’s advisory service will hand now be a separate business called PCG Impact. Plus, Gist Impact and Natural History Museum collaborate on biodiversity | Impact Bridge fund close | New Horizon care home portfolio.
Phenix launches PCG Impact
Phenix Capital Group has launched its investment advisory services as a separate business called PCG Impact, effective from 9 July 2025. PCG Impact will handle impact strategy design, impact manager selection and impact portfolio management.
Phenix said PCG Impact’s mission would remain the empowerment of investors to integrate mission-aligned impact investment strategies into their portfolios and deliver measurable social and environmental outcomes alongside financial performance.
By operating as a separate business, the Amsterdam firm says PCG Impact will provide a dedicated point of contact for all its advisory services and enable it to deepen its advisory expertise and prepare for future asset management activities among other benefits. Phenix plans to strengthen its team with strategic appointments to meet the further growth ambitions of PCG Impact.
The company said its investment and impact measurement and management specialists had, to date, advised on over €1bn in assets under management directed toward impact investments across asset classes, impact themes and the UN Sustainable Development Goals.
GIST Impact and Natural History Museum collaborate on biodiversity
GIST Impact, an impact and risk data provider, is collaborating with the UK’s Natural History Museum to integrate a biodiversity index developed by the museum into its nature and biodiversity solutions.
The Biodiversity Intactness Index (BII) analyses how biodiversity in terrestrial ecosystems is affected by human activities, particularly land use change and intensification, and then models future scenarios.
GIST said the BII was “widely recognised as the most scientifically robust measure of ecosystem health”, providing ecosystem health insights for over 98% of global corporates and millions of private businesses”.
Pavan Sukhdev, founder & CEO of GIST Impact, said nature-related risks translate into material financial impacts, because the entire global economy depends on the goods and services provided by nature to some degree.
“The integration of BII enhances our ability to deliver location-specific, scientifically credible nature data and insights at scale, helping investors better understand and manage these risks,” he said.
According to GIST, using BII allows investors and corporates to more effectively screen assets for biodiversity risks across global operations, identify sensitive or high-impact areas for risk mitigation and engagement, model potential nature-positive outcomes from land use changes and strategic decisions, and assess operational risks arising from degraded or declining ecosystems.
Spain’s Impact Bridge announces fund close
Spanish asset manager Impact Bridge said it had closed its IB Deuda Impacto España fund, having obtained over €147m in commitments. The fund, which almost hit its €150m target size, is the largest impact-focused fund in Spain, according to Impact Bridge.
The fund was launched in 2023 to fund projects generating positive social and environmental impact through debt financing, which Impact Bridge described as an effective instrument to transform sectors such as affordable housing, labour inclusion, the energy transition, and sustainable consumption.
The fund attracted over 300 investors, including the European Investment Fund (EIF), MicroBank, the COFIDES-managed Social Impact Fund, and ICO Group’s Axis. Social organisations such as Fundación ONCE and Fundación Anesvad, more than 30 non-profit organisations and eight pension funds were also among investors.
“This milestone consolidates our commitment to authentic, measurable impact investing focused on Spain,” said María Samoilova, the fund’s head and managing partner at Impact Bridge.
Earlier in 2025, Samoilova told Impact Investor how the EIF had been “the cornerstone of this project since its launch”, its presence attracting many other private and institutional investors. The EIF invested a total of €65m in the fund.
Investments from the fund highlighted by Impact Bridge include the Modare textile-reuse network, ILUNION Hotels, which fosters accessible tourism and inclusive employment and tuTECHÔ, which provides affordable-housing for vulnerable groups. Among others are Fundeen, which provides access to renewable-energy financing and Ecoalf, a circular fashion and responsible consumption organisation.
Northern Horizon fund expands care home portfolio
Northern Horizon, a Copenhagen-based social infrastructure asset manager focused on the Nordic region, said its fifth healthcare fund had invested in 66 care homes across Sweden and Finland.
The Aged Care Social Infrastructure Fund was launched in 2024. It bought two existing care facilities in Finland in May and has just acquired a care home under development in the Finnish city of Espoo.
Construction of the latest care home is expected to be completed in 2026. It will have 57 modern care beds for elderly residents in need of round-the-clock care, 31 of which will be intensive care beds, while 26 beds will be communal living units.
The property will be highly rated for energy efficiency and will include solar panels and geothermal heating. The asset manager said additional investments must align with the current portfolio and meet high sustainability requirements, including having net zero carbon operations by 2030.
Jussi Rouhento, Northern Horizon’s head of Finland, said the asset manager had evaluated “a significant pipeline of opportunities”.
On the new facility he said: “Espoo is the second-largest municipality and a growth centre in Finland, and we are seeing a strong and further growing demand for aged care beds and a lack of supply. There is also a need to modernize the current stock in the region, which the Espoo asset’s modern premises will help meet.”
Northern Horizon has made more than 160 investments into care and senior housing assets since 2007.
