Kempen has launched a multi-asset impact fund, which it said is focused on targeting market-level financial returns and positive societal and environmental impact.
The Global Impact Pool is a sub-fund of the Kempen Alternative Markets Fund Sicav domiciled in Luxembourg.
The Dutch fund house said it would select impact funds that target market-level financial returns, which incorporated environmental, social and governance criteria, and contribute to at least one of the five selected UN Sustainable Development Goals.
The Global Impact Pool will report the outcomes and impact results of the underlying investments on a quarterly and annual basis. Some of the effects to be measured include the number of jobs that will be created, the level of avoided carbon dioxide emissions and the quantity of renewable energy produced.
Marjoleine van der Peet, senior portfolio manager, and Narina Mnatsakanian, director responsible for investment and impact investment, will be responsible for the daily management of the fund.
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