Social impact funds, the last frontier of responsible investment
With the rise of socially responsible investment, a category of funds that introduces a third vector, social impact, has emerged.
MAPFRE AM and GSI launch a social impact fund with a first objective of 50 million
The vehicle will invest in short- and medium-term debt of companies in sub-Saharan Africa and other emerging countries. Santa Comba (shareholder group of GSI Investments) and MAPFRE will make the initial capital contribution and MAPFRE AM will act as investment advisor.
Funds that want to improve society
Impact investment vehicles, already established in the Anglo-Saxon market, are beginning to develop in Spain
Covid-19 promotes the growth of ESG funds with social and sustainable criteria
The pandemic is driving investment with environmental, social and governance (ESG) criteria, a philosophy that is accelerating following the European governments reconstruction plans and the investment community’s commitment to society.
Impact Investing, a common goal
Three of the founding figures of the impact movement in Spain participated in the first edition of Impact Investment Time: José Luis Ruiz de Munain of SpainNab, María Ángeles León of Global Social Impact Investments and Agustín Vitórica of GAWA Capital.
Alternative and impact financing can also be for SMEs
The second virtual day of Radar Pyme focuses on alternative and impact financing. Jaime García Cantero, content director of Foro Retina, interviews Pedro Goizueta, Head of Investor Relations and Operations of Global Social Impact
From philanthropy to impact investing
María Ángeles León chairs a funds management company that looks beyond pure profit. Global Social Impact Investments manages a fund to finance companies in Africa
Impact Funds: “philanthropy is not enough to get out of poverty”
Interview with María Ángeles León, president of the fund manager ‘Global Social Impact Investments‘, and Arturo García Alonso, its managing director.
Global Social Impact obtains Article 9 classification under the new Sustainable Finance Disclosure Regulation for its first impact fund.
The Global Social Impact Fund aims to tackle the economic and social exclusion of the world’s bottom billion while generating a 5%-8% net return to its investors.
Pedro Goizueta: “We invest directly in companies with high social impact”
Global Social Impact Fund, focused on direct investment in high social impact companies in frontier and emerging regions, has obtained the article 9 classification of the new European Sustainable Finance Disclosure Regulation (SFDR). This categorisation is a further step in the validation of the fund manager’s social impact investment model, says Pedro Goizueta.