dedicated to impact finance · 2019-09-06 · we are dedicated to and focused on impact finance. we...

Dedicated to impact finance

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About us

Our services

Our impact

Our clients

Our team

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HANDS-ON FROM DESIGN TO

DEPLOYMENT

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About us

We are dedicated to and focused on impact finance.

We daily interact with public and private impact investors.

We not only provide you with strategic advice - we are hands-on from design to deployment.

We are based in Luxembourg and in Mauritius and active globally.

We have an unrivalled expertise in designing and structuring investment funds

– dedicated to impact investing– simple, layered or blended structures

We develop added-value services alone and in partnership with leading expert firms to provide turn-key investment advisory and management services.

> At the forefront of impact investing

> Our Value Proposition

EXPERTS

IMPACT FINANCE PROJECTS

IMPACT FUNDS STRUCTURED SUCCESSFULLY

TOTAL IMPACT INVESTMENTS DESIGNED & ADVISED

TEAM OF 30+ EXPERTS

Our team includes experts from more than 15 nationalities in impact and blended finance strategies, fund design, structuring and implementation, assessment and due diligence, fund management services, reporting and legal advisory.

10+ YEARS TRACK RECORD

We support sponsors, fund managers and investors around the world in developing their impact finance funds and projects.

OUR PROJECTS

Our projects make a meaningful contribution to the UN Sustainable Development Goals, to climate mitigation and adaptation and target a large variety of investment themes.

> Innpact’s commitments

OUR VISION

is a world where social and environmental initiatives are sustainable

OUR VALUES

SustainabilityCreating equitable development that lasts

PartnershipTogether, we go further

ReliabilityKeeping our promises

InnovationFinding new ways to get things done

RespectTreating people right

OUR MISSION

is to foster sustainable impact finance initiatives by providing innovative advisory, consulting and management services

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I N N P A C T | | A B O U T U S

INVESTMENT SERVICES

Expert advice and guidance for your investment decisions

in impact funds.

Innpact is at the forefront of impact investing. Many of our projects are

first of their kind with different sectors, geographies and instruments, with innovative business models and a

sustainable approach.

> Impact investment expert since 2007

Innpact is a leading global adviser for impact investment structures and funds that facilitate investments to drive social and environmental impact alongside financial returns.

3 core businesses:

STRATEGY & STRUCTURING

Tailor-made advisory services to design, structure and set-up your impact investment fund.

MANAGEMENT SERVICES

State-of-the art board and fund management services to steer and

operate your impact fund.

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I N N P A C T | | A B O U T U S

> Core businesses and services

Strategy & StructuringWe have sound expertise in blended finance and provide hands-on support to help you design and structure the appropriate investment vehicle to deploy your social and environmental impact investing strategy and unlock potential for your fund.

We manage the International Climate Finance Accelerator (ICFA) Luxembourg, an acceleration platform to set up your fund under the best possible conditions.

Management ServicesGood corporate governance is at the heart of impact investing and we make sure your fund’s governance is sound. We provide day-to-day support, expertly helping you steer, manage and operate your impact investment fund.

With our turnkey platform MIFGA - Mauritius Impact Finance Gateway to Africa, a joint initiative with AXIS, we foster the creation and management of impact finance funds in Africa.

Investment ServicesWe know that sustainable finance is the future, especially when designed to make a social and environmental impact. We advise you in your investment journey and guide you in your investment decisions.We research and perform in-depth due diligence on key aspects of impact investment funds so you can be confident that you support the right impact investment.

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Our services

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Strategy & Structuring Services || CASE STUDY

KEY FACTS IMPACT OF THE PROJECT

&Green addresses the problems associated with the current expansion-led agricultural production system used in tropical forest countries, which results in ever increasing rates of deforestation, forest loss and greenhouse gas emissions – significantly contributing to climate change.

Every transaction will be assessed with respect to its potential for generating environmental return; achievements will be monitored through a suitable set of transparent KPIs. The level of environmental return has a direct impact on &Green’s pricing.

TYPE NL Foundation

INCEPTION 2017

INITIATORS IDH, Norvegian Ministry of Climate and Environment

ASSETS Target USD 400 mn

INSTRUMENTS Long term loans and guarantees

THEME Commercial projects in agricultural production value chains

ADVISOR Sail Ventures

BENEFICIARIES Private companies that are directly or indirectly involved in commodity production

WEBSITE www.andgreen.fund

During the set-up and structuring of the fund, Innpact supported the initiators as follows: fund structure, financial model, policies and procedures, legal documentation, implementation process.

Innpact now serves as Fund Management Advisor to &Green, providing both Board support (selection and coordination of service providers, governance support, organisation of Board meetings) and Fund Management support (Treasury and ALM, hedging services, risk compliance and management, monitoring and reporting)

&Green aims to prove that financing inclusive, sustainable and deforestation-free commodity production can be commercially viable and replicable, thus strengthening the case for a rural development paradigm that protects valuable forests and peat lands and supports high-productivity agriculture. The vision of &Green is that tropical forests and peatlands are protected and restored,

smallholder livelihoods are improved, and production is increased. By providing purpose-built capital for the sustainable intensification of agricultural production systems and business models that reduce deforestation, &Green aims to close the market gap between possible long-term solutions and the lack of a short-term business case for forest and peatland protection.

&GREEN FUND

KEY INDICATORS

USD 2 bn OF INVESTMENTS CATALYSED

5 mn HA OF TROPICAL FORESTS PROTECTED, CONSERVED OR RESTORED

500 000 HOUSEHOLDS IMPACTED THROUGH ENHANCED YIELDS AND INCOMES, CREATION OF JOBS AND INCOME GENERATING OPPORTUNITIES

INNPACT CONTRIBUTION

IMPLEMENTATION

Business plan & marketing

Selection of service providers

Legal documentation

Processes, policies & procedures

CLOSING

Investment pipeline

Vehicle set-up

Onboarding of investors

First closing

First Board meeting

> Strategy & Structuring Services

DESIGN

Fund concept

Market analysis

Impact investment strategy

Impact measurement and management

Financial model

Structure and governance

Legal feasibility

Term sheet

Relation with investors

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• We guide you from concept to first closing of your impact investment fund.

• We work with sponsors, investors, fund managers and investment advisors.

• We develop your Theory of Change, the Impact Investment Strategy and the Impact Management and Measurement Framework.

• We tailor your fund to your objectives and needs and develop simple or blended structures with different classes of equity and debt for public and private investors.

Designing and building your impact investment

fund together.

FIRST FUND STRUCTURED

NUMBER OF FUNDS STRUCTURED

INVESTMENT STRATEGIES TARGETING ALL SDGs

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I N N P A C T | | S T R A T E G Y & S T R U C T U R I N G S E R V I C E S

IMPLEMENTATION OF IMPACT MANAGEMENT FRAMEWORK

Data validation, management and portfolio aggregation

(Setting up), implementing and reviewing ESMS

Supporting in impact due diligence of investee companies

Supporting the preparation of the first impact report

ON-GOING IMPACT MANAGEMENT SUPPORT

Acting as impact officer

Periodically reviewing ToC and impact investment strategy against initial targets

Assisting in impact risk assessment

Assisting in impact monitoring and reporting

Performing independent impact fund valuation

Which impact do I want to achieve?

How can I measure the impact of my investments?

How can I manage and report on impact over time?

How can I integrate impact in my investment process?

Impact Measurement & Management Services

• Impact management should be an integral part of any impact fund; it is important that impact is well integrated within the fund structure.

• We offer impact measurement and management services to make sure that impact is considered within each activity of the fund.

DESIGN OF IMPACT MANAGEMENT SYSTEM

Integrating impact investment strategy and ESG into investment process (from screening to exit)

Organising governance and team

Designing Environmental and Social Management System (ESMS)

Developing impact based incentive mechanisms

Designing impact measuring and reporting systems

DESIGN OF IMPACT MANAGEMENT FRAMEWORK

Defining impact objectives and Theory of Change (ToC)

Aligning with SDGs and international targets

Identifying potential gaps/developing impact investment strategy

Selecting impact metrics

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Blended Finance || CASE STUDY


KEY INDICATORS

“The fund’s efforts have always aimed to have a lasting positive impact on the people and structures that form a robust economy, one that offers opportunity and good prospects. That is why EFSE supports entrepreneurs along the entire lifecycle of their business: from startup to development to ongoing financial services. Or, like a walk across a bridge: from beginning, over turbulent waters, to solid ground on the other side.”Christoph Tiskens, EFSE Chairperson

€ 7 billionVOLUME OF MICRO AND SMALL ENTERPRISE AND HOUSING LOANS DISBURSED

960,949MICRO AND SMALL ENTERPRISE AND HOUSING LOANS DISBURSED

> 800,000JOBS SECURED OR CREATED THROUGH EFSE INVESTMENT ACTIVITIES

TYPE Luxembourg SA, SICAV-SIF

INCEPTION 5 December 2005

INITIATOR KfW

ASSETS EUR 920 mn

INSTRUMENTS • Short term, medium to long-term senior loans, subordinated or not;

• Co-investments (bond issues, syndicated loans or (sub-)participations);

• Stand-by letters of credit and guarantees;• Equity and quasi-equity investments

BENEFICIARIES Local commercial banks, regulated and non-regulated MFIs, investment funds, selected financial institutions committed to financing the Target Group of the Fund

GEOGRAPHY Southeast Europe, European Eastern Neighbourhood region

THEME Micro / small enterprises and private household financing

FUND MANAGER & ADVISOR

Hauck & Aufhäuser Fund Services S.A. and Finance in Motion

WEBSITE www.efse.lu

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ICONS

NOPOVERTY

AFFORDABLE ANDCLEAN ENERGY

CLIMATEACTION

LIFE BELOWWATER

LIFE ON LAND

PARTNERSHIPSFOR THE GOALS

DECENT WORK ANDECONOMIC GROWTH

INDUSTRY, INNOVATIONAND INFRASTRUCTURE

SUSTAINABLE CITIESAND COMMUNITIES

ZEROHUNGER

GOOD HEALTHAND WELL- BEING EDUCATION

QUALITYEQUALITYGENDER

AND SANITATIONCLEAN WATER

PEACE AND JUSTICESTRONG INSTITUTIONS

RESPONSIBLECONSUMPTIONA N D P R O D U C T I O N

ICONS

Each icon can ONLY be used inversely over a white background.

The icon may not be used inversely over a black nor a coloured background.

Do not alter the colours of the SDG icons.

The EFSE aims to foster economic development and prosperity in the Southeast European region and in the European Eastern Neighbourhood region through the sustainable provision of additional development finance, notably to micro and small enterprises and

private households, via qualified financial institutions. In pursuing its development goal, the fund observes principles of sustainability and additionality, combining development and market orientations.

EUROPEAN FUND FOR SOUTHEAST EUROPE

After having supported the creation of the EFSE in 2005, Innpact is the General Secretary in charge of supporting the Board for a smooth management of the Fund by providing various services from preparation of Board meetings, drafting of minutes, advising on legal and governance matters to negotiating with investors.


Blended Finance

Blended finance is the strategic use of development finance and philanthropic funds to mobilise private capital flows to emerging and frontier markets, resulting in positive results for both investors and communities.

We have unrivalled expertise in designing and structuring 25+ impact investment funds, 18 of which are blended finance vehicles.

// OUR BLENDED FINANCE SERVICES

// TYPICAL DESIGN OF A BLENDED FINANCE FUND

junior shares

mezzanine shares

senior shares

notes

RET

URN

DIS

TRI

BUT

ION

RISK

ABS

ORP

TIO

N

DONORS

DEVELOPMENT FINANCE INSTITUTIONS

PRIVATE SECTOR

STRATEGIC APPROACH

Identify how Blended Finance enables you to deliver on your Theory of Change and impact investment strategy.

Design your Blended Finance approach on the liability side (e.g. first loss, senior tranche) or on the asset side (mix of investment instruments).

GOVERNANCE & LEGAL STRUCTURE

Design your governance structure to accommodate different types of risk investors and protect strategic mission.

Assess and recommend suitable legal form and jurisdiction.

Structure your evergreen or limited duration vehicle.

CAPITAL STRUCTURE & FINANCIAL MODEL

Design your capital structure based on financing needs, actual or potential investors, leverage and viability.

Develop or vet your Financial Model to identify the appropriate blending - develop scenarios and stress test for viability.

BLENDED FINANCE

STRATEGIC PUBLIC

INVESTMENT

PRIVATE INVESTMENT MOBILISED

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MICROFINANCE & SME FINANCE

RENEWABLE ENERGY ENERGY EFFICIENCY

AGRICULTURE & CONSERVATION

SDGS

20122014

20152017

2018

BIODIVERSITY> Latin America

USD 250mnDOMICILE: Luxembourg

INITIATORS: KFW, CI, Finance in Motion

ADVISOR: Finance in Motion

AGRICULTURE SMEs > Africa

USD 20mnDOMICILE: Mauritius

INITIATORS: KFW, AgDevCo

FUND MANAGER: Root Capital

LAND DEGRADATION NEUTRALITY FUND> Worldwide

Target USD 300 mnDOMICILE: Luxembourg

INITIATORS: Mirova, UNCCD

FUND MANAGER: Mirova

LDN FUND

MIFGA > Worldwide

Target USD 400mnDOMICILE: Mauritius

INITIATORS: Innpact, AXIS

FOREST CONSERVATION > Worldwide

Target USD 400 mnDOMICILE: Netherlands

INITIATOR: IDH

ADVISOR: Sail Ventures

GREEN INFRASTRUCTURE > Southeast Europe


INITIATORS: KFW, EBRD

SME FINANCE > Africa & MENA

USD 100mnDOMICILE: Mauritius

INITIATOR: GroFin

FUND MANAGER: GroFin

RENEWABLE ENERGY> Africa

GBP 148mnDOMICILE: England

INITIATORS: EIB, BEIS

FUND MANAGER: Camco

> Sample of Vehicles advised and structured by Innpact

20052007

20092010

* structures established by Innpact founders prior to 2007

MICROFINANCE> Morocco

EUR 150m*DOMICILE: Morocco

INITIATORS: AFD, CDC, CDG, KFW

2011

MICROFINANCE / SMEs> MENA

USD 288 mnDOMICILE: Luxembourg

INITIATOR: KFW


ENERGY EFFICIENCY > Europe

EUR 150mnDOMICILE: Luxembourg

INITIATORS: EC, EIB, CDP

INVESTMENT MANAGER: Deutsche Bank

MICROFINANCE, SMEs> Sub-saharan Africa


INITIATORS: KFW, BMZ

INVESTMENT MANAGER: Symbiotics

ENERGY EFFICIENCY> Southeast Europe, European Neighbourhood region, MENA

EUR 470 mnDOMICILE: Luxembourg

INITIATORS: KFW, EIB


MICROFINANCE> Worldwide


INITIATORS: KFW, IFC

ADVISORS: BlueOrchard, Incofin, responsAbility, Symbiotics

MICROFINANCE / MSEs> Southeast Europe, European Eastern Neighbourhood Region

EUR 920 mn*DOMICILE: Luxembourg

INITIATOR: KFW


FUND MANAGER: Hauck & Aufhäuser

RENEWABLE ENERGY & ENERGY EFFICIENCY> Worldwide


INITIATORS: KFW, BMUB

INVESTMENT MANAGER: responsAbility

AGRICULTURE > Africa


INITIATORS: KFW, Deutsche Bank

INVESTMENT MANAGER: Deutsche Bank

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I N N P A C T | | V E H I C L E S A D V I S E D A N D S T R U C T U R E D B Y I N N P A C T

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Management Services || CASE STUDY


As a global microfinance debt fund, MEF’s approach to social and environmental performance is built on its vision of stabilising microfinance markets in developing countries by offering a reliable and flexible source of debt to microfinance institutions.

Key indicators are defined and monitored for various areas:• Development indicators• Social performance indicators• Client protection principles• Combined with clear exclusion principles

TYPE Luxembourg SA, SICAV-SIF

INCEPTION 2009

INITIATORS KfW and IFC

ASSETS USD 677 mn

INSTRUMENTS Debt instruments

GEOGRAPHY Global

THEME Microfinance

INVESTMENT ADVISORS

BlueOrchard, Cyrano, responsAbility, Symbiotics

BENEFICIARIES Microfinance institutions in developping countries

WEBSITE www.mef-fund.com

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CLIMATEACTION

LIFE BELOWWATER

LIFE ON LAND





ZEROHUNGER






ICONS




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ICONS

NOPOVERTY


CLIMATEACTION

LIFE BELOWWATER

LIFE ON LAND





ZEROHUNGER






ICONS




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LIFE BELOWWATER

LIFE ON LAND





ZEROHUNGER






ICONS




MEF aims to support economic development and prosperity globally through the provision of additional development finance to micro-enterprises, via qualified financial institutions.

In pursuing its development goal, the Fund will observe principles of sustainability and additionality, combining development and market orientations.

MICROFINANCE ENHANCEMENT FACILITY

• Fund structuring & establishment

• Financial modeling

• Leading tender & selection of auditor, custodian bank and administrative agent

• Preparation of legal documentation in coordination with legal counsel

Strategy and structuring services Management services

• Full range of management services for Board of Directors (acting as a General Secretary), investors and Fund since inception

• Coordination of portfolio management of the Fund (with assets managed by 4 renowned microfinance advisors)

• Fund management services to the Board and the Investment Commitee in terms of portfolio & pipeline management, financial projections, Asset & Liability Management, risk management, reporting

KEY INDICATORS

600 000 MICROENTREPRENEURS REACHED BY MEF FUNDING

56% OF LOCAL CURRENCY FUNDING

56% IN RURAL AREAS

85% WOMEN

INNPACT CONTRIBUTION• We offer independent expertise for sponsors

and boards of impact investment structures, fund managers or investment advisors.

• Our in-house legal, risk, reporting and finance teams have built standardised best practices tailored for your type of fund, the underlying asset classes and your impact investment strategy.

• Our services cover the full range of monitoring, risk management, portfolio reporting and analysis across complex impact investment structures.

Sound and sustainable governance

is in our DNA

INDEPENDENT DIRECTORSHIPS

Benefit from our expertise

For your investment funds or your advisory company

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GENERAL SECRETARY SERVICES

Peace of mind

Personal advisor to the Board of Directors and the fund

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BOARD SUPPORTBoard secretaryBoard meetings

GovernanceAdvisory

Administration

FUND SUPPORTFund documentation

General meetingsInvestor relationship

FUND MANAGEMENT SERVICES

Focus on your strengths

Concentrate on pipeline development, investment advice

and fundraising

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FUND MANAGEMENT SUPPORTPortfolio management support

Risk managementALM, cash, FX

Budget monitoringReporting & publications

> Management Services NUMBER OF FUNDS UNDER

MANAGEMENT SUPPORT MANDATES

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I N N P A C T | | M A N A G E M E N T S E R V I C E S

One stop shop• Reduced time to market• Fund Management and administration

teams based in Mauritius• Pre-selected and reputable service

providers• Fund manager complementing the field

expertise of investment advisors

Flexible vehicle• Blended finance structures designed for

onboarding public and private investors

Cost efficient structure• Low setup costs to boost performance

during ramp-up period• Transparent fee structure

Impact finance services• Management Information Systems (MIS)

customized for the impact finance sector• Impact Measurement & Reporting• Certified impact finance structures

// A TOOLBOX FOR IMPACT FUND PROMOTERS

Independent Risk & Portfolio Management

Fund Administration & Investor Relations

Impact Management Tools

Fund distributors and FX Advisors

MIS Reporting System

Specialised service providers across Africa

The Mauritius Impact Finance Gateway to Africa (MIFGA) is a Mauritius-based joint initiative by Innpact and AXIS to support the creation and the management of impact finance vehicles investing in Africa. It offers an efficient and comprehensive turnkey fund management solution to impact investment managers allowing them to focus on their core area of expertise: Deal Management.

Investing with Impact in Africa

STRUCTURING

DesignGovernance

Negotiation with investorsImpact objectives

SET-UP

Legal documentationPolicies and procedures

Pre-selected service providers

BOARD SUPPORT

Board SecretaryGovernance

Board MeetingsFund Administration

Investor Relations

FUND MANAGEMENT SUPPORT

Asset and Liability ManagementCash and FX Management

Impact ManagementRisk Management

// A TURNKEY PLATFORM FOR IMPACT FINANCE FUNDS

PRE-CLOSING SUPPORT

POST CLOSING SUPPORT

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I N N P A C T | | M A N A G E M E N T S E R V I C E S

Investment Services || CASE STUDY

The Green Climate Fund (GCF) is a global fund created to support the efforts of developing countries to respond to the challenge of climate change. Set up in 2010 by the 194 countries who are parties to the UNFCCC, the GCF aims to deliver equal amounts of funding to mitigation

and adaptation. GCF’s activities are aligned with the priorities of developing countries through the principle of country ownership. GCF’s innovation is to use public investment to stimulate private finance, unlocking the power of climate-friendly investment for low emission, climate resilient development.

GREEN CLIMATE FUND


In the context of sustainable development, the GCF promotes the paradigm shift towards low-emission and climate-resilient development pathways. GCF provides support to developing countries to limit or reduce their greenhouse gas emissions and to adapt to the impacts of climate change, taking into account the needs of those countries particularly vulnerable to the adverse effects of climate change.

INCEPTION 2010

INITIATOR UNFCCC

ASSETS USD 4.6 bn committed

INSTRUMENTS Fund of fund, with underlying investments in the form of grants, loans, equity or guarantees.

THEME Climate mitigation and climate change adaptation with a balance of 50:50

GEOGRAPHY Developing countries: Asia Pacific, Africa, LATAM and Caribbean, Eastern Europe

BENEFICIARIES Investments in developing countries

INVESTMENT MANAGEMENT

GCF invests in a project portfolio that is implemented by its partner organisations, known as Accredited Entities.

WEBSITE www.greenclimate.fund

ASSESSMENT OF THE RISK PROFILE FOR GCF AS A POTENTIAL SEED INVESTOR IN:

• A resilient agriculture fund supporting pioneering and early-growth innovative agribusinesses in Africa

• A fund of funds with the aim of being an anchor investor in renewable energy / energy efficiency across the developing world

• A local sustainable agriculture fund investing in landscape-level adaptation and mitigation activities

• A renewable energy fund contributing to universal access to electricity in Sub-Saharan Africa

THE ASSESSMENT INCLUDED:

• A review of the business case, pipeline deals, financial model, investment team experience, stakeholder involvement, term sheet

• An analysis of performance risk, risk mitigants and conflict of interest

• In partnership with a global legal firm, reviewed the draft legal documents and assessed LP governance and control risks

KEY INDICATORS

272.0 mn ANTICIPATED NUMBER OF PEOPLE WITH INCREASED RESILIENCE

1.4 bn ANTICIPATED TONNES OF CO2 EQUIVALENT AVOIDED


> Investment Services

• We provide independent third-party expertise on investing for impact through investment funds for DFIs, fund of fund managers, investment advisors and other public and private investors.

• We research and perform in-depth due diligence on key aspects of impact investment funds so you can be confident that you support the right impact investment.

• We provide tailored advisory based on our in-house expertise regarding structuring, governance, legal, tax & regulatory and risk across all jurisdictions.

We guide you in your sustainable finance

adventure.

INVESTMENT OPPORTUNITY

Risk mitigation Liabilitystructure

Governance Legal & regulatory

Financial model impact investment due diligence

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I N N P A C T | | I N V E S T M E N T S E R V I C E S

Impact Finance contributes to substainable development by putting impact measurement and management at the core of the investment strategy, by designing a robust investment model and by achieving the required scale to create sustainable change.

> Innpact’s projects actively contribute to the SDGs

QUALITY EDUCATION

NO POVERTY

ZERO HUNGER

DESCRIPTION: Providing customised financial services for the education sector in a demand-oriented, financially sustainable, and socially responsible manner.

REFFA FUND

DESCRIPTION: Fighting malnutrition and hunger by partnering with communities to address immediate food needs and grow sustainable food for the future.

WORLD VISION

DESCRIPTION: Supporting social innovations at all stages across sectors and geographies, with a commitment to improving the lives of those living on less than $5 a day.

GLOBAL INNOVATION FUND

Note: Only one SDG has been selected by project, although many projects target several SDGs

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Our impact

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INDUSTRY, INNOVATION AND INFRASTRUCTURE

REDUCED INEQUALITIES

SUSTAINABLE CITIES AND COMMUNITIES

AFRICA AGRICULTURE AND TRADE INVESTMENT FUNDDESCRIPTION: Improving food security and providing additional employment and income to farmers, entrepreneurs and workers by investing patiently and responsibly in local value chains.

DESCRIPTION: Achieving long-term sustainability in municipal services while developing the municipal credit market in the Western Balkans.

MUNICIPAL INFRASTRUCTURE DEVELOPMENT FUND

RENEWABLE ENERGY PERFORMANCE PLATFORMDESCRIPTION: Innovative financing platform to mobilise investment in small and medium-scale renewable energy projects (up to 25MW) in sub-Saharan Africa.


EUROPEAN FUND FOR SOUTHEAST EUROPE

GENDER EQUALITY

CLEAN WATER AND SANITATION

AFFORDABLE AND CLEAN ENERGY DECENT WORK AND ECONOMIC GROWTH

DESCRIPTION: Financing energy efficiency and renewable energy projects for SMEs and private households in developing countries.

GLOBAL CLIMATEPARTNERSHIPFUND DESCRIPTION:

Supporting micro and small enterprises as the backbone of the local economies, thereby contributing to income generation and employment creation.

DESCRIPTION: Providing affordable working capital for social enterprises producing and distributing clean water, sanitation solutions and sustainable energy to low-income populations in Asia and Africa.

PIONEER FACILITY

DESCRIPTION: Providing investment finance and business support to growing businesses in Africa and the Middle East.

GROFIN

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I N N P A C T | | O U R I M P A C T

LIFE ON LAND

PARTNERSHIPS FOR THE GOALSBlended finance as a partnership strategy

DESCRIPTION: The GGF is the first specialised fund to advance energy efficiency and renewable energy in Southeast Europe, including Turkey, as well as in the European Eastern Neighbourhood region and in Middle East and North Africa (MENA). GGF is an innovative public-private partnership with a blended capital structure, bringing together public and private investors into the same Fund structure. In addition the activities of GGF are supported by a Technical Assistance Facility, financed through donations and part of the revenues of the Fund.

GREEN FOR GROWTH FUND

DESCRIPTION: First-of-its-kind investment vehicle leveraging public money to raise private capital for sustainable land management and land restoration projects worldwide.

LDN FUND

DESCRIPTION: Aimed at stabilising microfinance markets in developing countries by offering a reliable and flexible source of debt to microfinance institutions, MEF has been structured as a true PPP (public-private partnership) in the form of a blended finance fund. Its various risk/return tranches of shares and notes attract capital from donors such as BMZ and OeEB as well as development finance institutions and private institutional investors. Moreover it is advised by four leading microfinance investment advisors from the private sector, coordinated by Innpact which provides General Secretary and Fund Management Services to MEF’s Board and Investment Committee.

MICROFINANCE ENHANCEMENT FACILITY


RESPONSIBLE CONSUMPTION AND PRODUCTION

CLIMATE ACTION

LIFE BELOW WATER

DESCRIPTION: Combatting climate change and its effects by promoting a paradigm shift towards low-emission and climate-resilient development pathways.

GREEN CLIMATE FUND

DESCRIPTION: Investing across the spectrum of conservation finance, with a focus on getting deals past the “last mile” to commercial investment.

CONSERVATION INTERNATIONAL

DESCRIPTION: Promoting deforestation-free agriculture and commodity production by linking attractively priced risk mitigation capital to strong environmental debt covenants.

ANDGREEN. FUND

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I N N P A C T | | O U R I M P A C T

// INVESTMENT MANAGERS

// DFIS / IFIS / PUBLIC INSTITUTIONS

// NON-PROFIT ORGANISATIONS

Leading investment managers and impact vehicles

Leading impact sponsors and investors

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Our clients

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You can be very proud of what you have

achieved.

Roland SillerKfW

A true tribute to what you have achieved in

ten years’ time.

Marilou Van Golstein Brouwers Triodos Investment Management

The success of companies like Innpact is proof that today it is possible to generate social and

environmental impacts alongside financial returns. Investing in

innovative economic models is logical, even more than ecological.

Bertrand PiccardSolar Impulse Foundation

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Our Team

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I N N P A C T | | O U R C L I E N T

We believe that impact finance is critical to resolving social and environmental

issues in a sustainable and long lasting way. By providing advisory, consulting

and management services to initiatives addressing these issues, we act as

enablers, allowing them to prosper and reach the desired impact.

Patrick Goodman

Our company culture is rooted in respect and transparency. In the end it’s all about the

people we meet and work with and the partnerships we form.

Sigridur Torfadottir

Impact finance is not a future type of finance but the future of finance. At Innpact, we ensure that impact remains at the core of each impact

finance strategy.

Arnaud Gillin

At Innpact we work at the forefront of impact investing. Many of the projects we support are first

of their kind with different sectors, geographies and instruments. We are constantly exposed to innovative business models with a sustainable

approach. This is a great opportunity for my personal development.

Adriana Balducci

Paola D’Angelo

Our team of investment funds and governance experts works in close partnership with the management

bodies of the investment funds that are our clients so that they can

focus on their impact objectives and strategic development.

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I N N P A C T | | O U R T E A M

Sustainability is at the heart of our mission: foster sustainable impact finance initiatives. We ensure that

our core mission and the best sustainability practices are applied

throughout all processes. In addition, we spread these practices and support sustainable initiatives.

Rebecca Maroko

IN LUXEMBOURG AND ABROAD

We support the industry by sharing our expertise and ideas to contribute to the development of the impact finance sector.

SOCIAL CONTRACT

We foster a meaningful link between our company, our employees and society. Our support is provided by way of pro bono consulting and financial support to projects where we can make a positive impact.

CO² NEUTRAL

We are determined to neutralise our carbon footprint, by using energy from 100% renewable sources and controlling our supply chain. We compensate all CO² emission we are responsible for by way of donations to climate protection projects.

We use finance as a force for good. This is reflected in our activity, as well as in the way

we do business.

Corinne Molitor

B Corp is to business what fair trade is to coffee.The B Corp label certifies companies that harness the power of business to solve environmental and social issues and that follow a comprehensive set of performance and legal requirements.Innpact received its certification in 2015, being the first B Corp in Luxembourg. In the following years, we were certified as Best for the World Overall B Corp for creating extraordinary positive impact as a business.

B Corp certified

Our engagement

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I N N P A C T | | O U R T E A M

Legal Disclaimer & CopyrightThe information contained in this brochure (the "Brochure") is provided by Innpact S. à r.l. ("Innpact") for general guidance and is intended to offer the reader general information of interest. The information provided is not intended to replace or serve as substitute for any legal, professional or commercial advice, consultation or service. The application of laws and regulations may vary depending on specific facts or circumstances. Therefore, the information is provided 'as is' without warranties of any kind, express or implied, including accuracy, timeliness and completeness.In no event shall Innpact or any of their respective partners, principals, agents or employees, be liable for any direct, indirect, incidental, special, exemplary, punitive, consequential or other damages (including but not limited to, liability for loss of use, data or profits), without regard to the form of any action, including but not limited to, contract, negligence or other tortious actions, arising out of or in connection with the Brochure, any content in the Brochure, or any copying, display or other use.As content in the Brochure (including any concepts, ideas, methods, procedures, processes, know-how, techniques, publications, models, products templates, designs, art work, graphics and information in or described in the Brochure) may be copyrighted, proprietary and subject to intellectual property or other rights (which rights are owned by Innpact or by its respective affiliates) any unauthorized use of any materials in the Brochure may violate copyright, trademark and other laws or applicable intellectual property or other rights. The use of the content is personal and non-commercial. All copyright, trademark and similar notices are retained.Materials in the Brochure may not be modified, reproduced, publicly displayed, performed, distributed or used for any public or commercial purposes without explicit written permission from the appropriate content or material provider. Innpact bears no risk, responsibility or liability in the event that a reader does not obtain such explicit written permission as advised by Innpact.Innpact name and logo are registered trademarks and other product and service names mentioned in the Brochure may be the registered trademarks or trademarks of its respective affiliates. Use of these marks requires express prior permission from, and a license agreement with, Innpact or its respective affiliates. Unauthorized use of these and any other of Innpact’s portfolio of trademarks will be prohibited to the fullest extent of the law. To request this written approval, contact Innpact via contact details mentioned in this Brochure.

[email protected]

www.innpact.com @innpactsarl5 , R U E J E A N B E R T E L S L - 1 2 3 0 L U X E M B O U R G2 6 , B A N K S T R E E T C Y B E R C I T Y , E B E N E 7 2 2 0 1 , M A U R I T I U ST E L : + 3 5 2 2 7 0 2 9 3 1

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