BlackRock has partnered with PCG Impact, the advisory arm of Amsterdam-based Phenix Capital Group, to expand its impact investing offerings for institutional clients.
The collaboration combines BlackRock’s portfolio construction, implementation, risk management and oversight capabilities with PCG Impact’s research covering over 3,000 impact fund managers globally, as well as its advisory and reporting services.
The offering is aimed at institutional investors, including pension funds, family offices, endowments and foundations. It will be available through outsourced chief investment officer portfolios as well as customised impact mandates.
According to the Global Impact Investing Network, the global impact investing market is valued at around $1.6 trillion.
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Under the collaboration, clients will be able to access a range of impact investment opportunities through a single framework supported by BlackRock’s Aladdin risk management platform.
Sarju Mehta, head of investment solutions, Emea, multi-asset strategies and solutions at BlackRock, said: “A growing number of investors, particularly in Europe, want to pursue impact objectives alongside long-term financial returns. Translating those ambitions into portfolios can be complex, requiring specialist expertise, robust reporting and a portfolio approach that clearly reflects their objectives.”
Dirk Meuleman, CEO of PCG Impact, said: “PCG Impact complements BlackRock’s existing impact capabilities with specialist market intelligence, manager research and reporting capabilities. Combined with BlackRock’s global client reach and investment expertise, this creates a compelling model for institutional investors seeking access to a broader universe of impact opportunities and the expertise needed to assess and monitor them.”
