Munich \u2014 Golding Capi\u00adtal Part\u00adners is pushing ahead with the stra\u00adte\u00adgic expan\u00adsion of its own impact divi\u00adsion and is laun\u00adching its first insti\u00adtu\u00adtio\u00adnal impact fund of funds. With \u201cGolding Impact 2021\u201d, the Munich-based asset mana\u00adger is pursuing a globally orien\u00adted private equity impact invest\u00adment stra\u00adtegy with ambi\u00adtious and concre\u00adtely measura\u00adble envi\u00adron\u00admen\u00adtal and social sustaina\u00adbi\u00adlity goals that are closely linked.<\/p>\n
The new fund focu\u00adses on compa\u00adnies in Europe, North America and emer\u00adging markets with trans\u00adfor\u00adma\u00adtive busi\u00adness models in rene\u00adwa\u00adble energy and resource effi\u00adci\u00aden\u00adcies (35 percent), sustainable agri\u00adcul\u00adtu\u00adral tech\u00adno\u00adlogy (35 percent), and finan\u00adcial services and other sustainable sectors (30 percent). Golding fore\u00adcasts a net IRR of 12 to 14 percent and plans a fund volume of 300 million euros. The Munich-based asset mana\u00adger initi\u00adally clas\u00adsi\u00adfies the new impact fund conser\u00adva\u00adtively under Article 8+ (\u201clight green plus\u201d) in accordance with the Sustainable Finance Disclo\u00adsure Regu\u00adla\u00adtion (SFDR), but aims to clas\u00adsify it as an Article 9 fund (\u201cdark green\u201d) in the long term.<\/p>\n
\u201cImpact inves\u00adt\u00ading is not only the future, but alre\u00adady offers tremen\u00addous oppor\u00adtu\u00adni\u00adties for insti\u00adtu\u00adtio\u00adnal inves\u00adtors. Our invest\u00adment decis\u00adi\u00adons can create real, sustainable change in a global trans\u00adfor\u00adma\u00adtion process while crea\u00adting tremen\u00addous value to gene\u00adrate adequate returns. The biggest chall\u00adenge here is access to the best target fund part\u00adners while main\u00adtai\u00adning diver\u00adsi\u00adfi\u00adca\u00adtion. Based on our long-stan\u00adding impact track record, we believe we can make an important contri\u00adbu\u00adtion to achie\u00adving the United Nati\u00adons deve\u00adlo\u00adp\u00adment goals toge\u00adther with our inves\u00adtors,\u201d comm\u00adents Dr. Andreas Nils\u00adson, Mana\u00adging Direc\u00adtor and Head of Impact at Golding.<\/p>\n
\u201cTo do this, we create a hand\u00adpi\u00adcked fund port\u00adfo\u00adlio for our inves\u00adtors consis\u00adting of invest\u00adments in compa\u00adnies with envi\u00adron\u00admen\u00adtal or social charac\u00adte\u00adristics as well as sustainable growth. These invest\u00adments must meet agreed-upon impact goals from day one. Since we place great empha\u00adsis on ensu\u00adring that report\u00ading for port\u00adfo\u00adlio compa\u00adnies in non-Euro\u00adpean count\u00adries meets 100% SFDR stan\u00addards, we start conser\u00adva\u00adtively under Article 8+ and see oursel\u00adves as \u2018light green plus\u2019. With our target funds, we will actively work on uniform data coll\u00adec\u00adtion and rota\u00adtio\u00adnal report\u00ading to achieve Article 9 status,\u201d adds Mana\u00adging Direc\u00adtor Huber\u00adtus Theile-Ochel.<\/p>\n
Jeremy Golding (pictu\u00adred), foun\u00adder and mana\u00adging direc\u00adtor of Golding Capi\u00adtal<\/strong>, comm\u00adents, \u201cFor us, the first impact fund is the logi\u00adcal evolu\u00adtion and prac\u00adti\u00adcal imple\u00admen\u00adta\u00adtion of our long-stan\u00adding sustaina\u00adbi\u00adlity philo\u00adso\u00adphy. Since 2013, we have been a signa\u00adtory to the UN PRI and will soon also be a signa\u00adtory to the Opera\u00adting Prin\u00adci\u00adples for Impact Manage\u00adment. This is just one step of many that we as a company still have ahead of us on the road to beco\u00adming a sustainable asset mana\u00adger. For exam\u00adple, as a company we are commit\u00adted to the goal of achie\u00adving CO2 neutra\u00adlity by 2025. Accor\u00addin\u00adgly, this will certainly not remain our only impact product.\u201d<\/p>\n Risk mini\u00admiza\u00adtion through broad diver\u00adsi\u00adfi\u00adca\u00adtion and rigo\u00adrous due dili\u00adgence process<\/strong><\/p>\n Golding Impact 2021\u2019s stra\u00adtegy is to build a port\u00adfo\u00adlio that is broadly diver\u00adsi\u00adfied across sectors, regi\u00adons and company stages. Invest\u00adments are plan\u00adned in appro\u00adxi\u00adm\u00adately 15 target funds and selec\u00adted co-invest\u00adments for admix\u00adture. In doing so, Golding follows a rigo\u00adrous due dili\u00adgence process when making invest\u00adment decis\u00adi\u00adons and has deve\u00adlo\u00adped a sophisti\u00adca\u00adted impact manage\u00adment system that expli\u00adcitly defi\u00adnes the measura\u00adble impact objec\u00adti\u00adves of each invest\u00adment, making them verifiable.<\/p>\n The target compa\u00adnies of \u201cGolding Impact 2021\u201d are mainly from the three sectors \u201cGreen Solu\u00adti\u00adons\u201d, \u201cFood and Ag-Tech Solu\u00adti\u00adons\u201d <\/strong>and \u201cFinan\u00adcial Inclu\u00adsion Solu\u00adti\u00adons\u201d<\/strong>.<\/p>\n Green solu\u00adti\u00adons\u201d include tech\u00adno\u00adlo\u00adgies and busi\u00adness models that contri\u00adbute to decar\u00adbo\u00adni\u00adzing econo\u00admic proces\u00adses or adap\u00adting to climate change. In mature target markets, this rela\u00adtes prima\u00adrily to energy effi\u00adci\u00adency, the moder\u00adniza\u00adtion of energy storage and grid infra\u00adstruc\u00adture, and more sustainable trans\u00adpor\u00adta\u00adtion. In emer\u00adging count\u00adries, the main issue is decou\u00adpling econo\u00admic growth and resource consump\u00adtion. In this context, afforda\u00adbility and broad social access to these tech\u00adno\u00adlo\u00adgies play a crucial role in the selec\u00adtion of invest\u00adments, for exam\u00adple through solar hybrid village power systems.<\/p>\n \u201cFood and Ag-Tech Solu\u00adti\u00adons\u201d are inno\u00adva\u00adtive methods aimed at more sustainable agri\u00adcul\u00adture, forestry and food manage\u00adment. This includes, among other things, the long-term safe\u00adguar\u00adding of soil and water quality or the intro\u00adduc\u00adtion of higher-yiel\u00adding and more resistant seeds. Digi\u00adtal approa\u00adches in parti\u00adcu\u00adlar can also contri\u00adbute to more effi\u00adci\u00adent orga\u00adniza\u00adtio\u00adnal struc\u00adtures for farmers, for exam\u00adple through the shared use of capi\u00adtal-inten\u00adsive machi\u00adnery or modern supply chain management.<\/p>\n \u201cFinan\u00adcial Inclu\u00adsion Solu\u00adti\u00adons\u201d comprise modern solu\u00adti\u00adons to signi\u00adfi\u00adcantly simplify access to finan\u00adcial services and make them available to more people in emer\u00adging markets. On the one hand, the lack of access to tradi\u00adtio\u00adnal banking services hampers the over\u00adall econo\u00admic deve\u00adlo\u00adp\u00adment of many emer\u00adging markets, and on the other hand, it often makes it diffi\u00adcult to provide basic finan\u00adcial secu\u00adrity for emer\u00adgen\u00adcies at the indi\u00advi\u00addual level. FinTech compa\u00adnies offer digi\u00adtal alter\u00adna\u00adti\u00adves in areas such as insu\u00adrance, cashl\u00adess tran\u00adsac\u00adtions and lending.<\/p>\n Golding Impact 2021\u201d is struc\u00adtu\u00adred as a Luxem\u00adbourg SCS SICAV-FIAR and is aimed at insti\u00adtu\u00adtio\u00adnal inves\u00adtors with a mini\u00admum subscrip\u00adtion amount of five million euros.<\/p>\n About Golding Capi\u00adtal Part\u00adners GmbH<\/strong><\/p>\n Golding Capi\u00adtal Part\u00adners GmbH is one of the leading inde\u00adpen\u00addent asset mana\u00adgers in Europe for alter\u00adna\u00adtive invest\u00adments with a focus on the asset clas\u00adses infra\u00adstruc\u00adture, private debt, private equity and impact. With a team of more than 130 employees in Munich, London, Luxem\u00adbourg, New York, Tokyo and Zurich, Golding Capi\u00adtal Part\u00adners supports insti\u00adtu\u00adtio\u00adnal and profes\u00adsio\u00adnal inves\u00adtors in buil\u00adding their invest\u00adment stra\u00adtegy and mana\u00adges assets of appro\u00adxi\u00adm\u00adately \u20ac11 billion. The more than 200 inves\u00adtors include pension funds, insu\u00adrance compa\u00adnies, foun\u00adda\u00adti\u00adons, family offices, church insti\u00adtu\u00adti\u00adons as well as banks, savings banks and coope\u00adra\u00adtive banks. Golding has been a signa\u00adtory to the United Nati\u00adons-initia\u00adted Prin\u00adci\u00adples for Respon\u00adsi\u00adble Invest\u00adment (UN PRI) since 2013 and a member of the Task Force on Climate-rela\u00adted Finance Disclo\u00adsures (TCFD) since 2021.<\/p>\n","protected":false},"excerpt":{"rendered":" Munich \u2014 Golding Capi\u00adtal Part\u00adners is pushing ahead with the stra\u00adte\u00adgic expan\u00adsion of its own impact divi\u00adsion and is laun\u00adching its first insti\u00adtu\u00adtio\u00adnal impact fund of funds. With \u201cGolding Impact 2021\u201d, the Munich-based asset mana\u00adger is pursuing a globally orien\u00adted private equity impact invest\u00adment stra\u00adtegy with ambi\u00adtious and concre\u00adtely measura\u00adble envi\u00adron\u00admen\u00adtal and social sustaina\u00adbi\u00adlity goals [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":38113,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1371,1382],"tags":[],"class_list":["post-40273","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-deals-en","category-fund-of-funds"],"yoast_head":"\n