Kempen Global Impact Pool passes €100 million mark
Access to impact investing
Kempen launched the Global Impact Pool in 2018 to introduce impact investing to its clients. The pool invests in high impact funds that aim to make a positive contribution around four themes: affordable and good healthcare, reliable financial services, a more sustainable food chain and affordable and clean energy in countries that score poorly on United Nations’ Sustainable Development Goals (SDGs). Impact results are specifically measured using five SDGs1.
The Global Impact Pool allows investors to access and diversify across a number of impact funds that apply a high entry threshold via a single investment. As an added benefit, the investor’s operational challenges and implementation issues, as well as the measurement and management of the intended impact, are contracted out to the pool.
Impact so far
The Global Impact Pool investments extend across more than 45 countries around the globe, from the Netherlands to Kenya, India and the US. In the first year of operations, the pool’s investments led to the generation of 28,000 MWH of green energy and a reduction of over 11,000 tons of CO2 emissions – the equivalent of 2,000 cars running non-stop for an entire year. The pool’s investments also reached 140,000 local entrepreneurs and smallholders in developing countries, where further 700,000 disadvantaged people received access to much improved, reliable health care.1
In January 2020, the Global Impact Pool completed a new investment around the theme of financial inclusion. This venture strives to boost working conditions and economic growth by making financial services and insurance available to an underserved portion of the global population.
“We are extremely proud of reaching the milestone of €100 million in assets under management in such a short space of time,” explains Marjoleine van der Peet, senior portfolio manager of the Kempen Global Impact Pool. “We are witnessing an enormous surge in interest from both institutional and private investors who alongside financial return also wish to see a demonstrable social return. The faith our clients place in us to invest with an impact gives our team a huge energy boost and enables us to look to the future with a great deal of confidence.”
“We are very pleased with the initial results of the impact pool and hope to use the investments made on behalf of our clients to reach even more disadvantaged people and make a positive contribution to the climate as well,” Narina Mnatsakanian, senior portfolio manager of the Kempen Global Impact Pool, confirms. “Reaching €100 million in assets under management is a wonderful first milestone for the pool. Our goal is to reach a maximum size of €400 to €600 million.”
1. The five Sustainable Development Goals that are central to the Global Impact Pool include: ‘Good Health and Wellbeing’ (SDG 3), ‘Clean Water and Sanitation’ (SDG 6), ‘Decent Work and Economic Growth’ (SDG 8), ‘Affordable and Clean Energy’ (SDG 7), and ‘Responsible Consumption and Production’ (SDG 12).
1. Source: Impact Report 2018, see link
Global Impact Pool (the Sub-Fund) is a sub-fund of Kempen Alternative Markets Fund Sicav (the “Fund”), domiciled in Luxembourg. Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as a management company and regulated by The Netherlands Authority for the Financial Markets. The Sub-Fund is registered under the license of the Fund at The Netherlands Authority for the Financial Markets.
The information in this document provides insufficient information for an investment decision. Please read the prospectus. This document of the Fund is available on the website of KCM (www.kempen.com/investmentfunds). The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future.
The Fund is only available for professional investors.
The Shareholder is subject to an initial lock-up period of 3 years for each investment.
About Kempen Capital Management
Kempen Capital Management is a specialist asset manager with a focused approach and a clear investment philosophy. We believe in long-term stewardship for our clients and other stakeholders. Kempen provides sustainable returns, fiduciary management services, manager selection, portfolio construction and monitoring, alongside a number of actively-managed investment strategies. As at 30 June 2019, Kempen Capital Management’s total client assets under were € 72.7 billion.
Kempen Capital Management is part of the specialist, independent wealth manager Van Lanschot Kempen. Kempen Capital Management NV is licensed as a manager of various UCITS and AIFs and authorised to provide investment services and as such is subject to supervision by the Netherlands Authority for the Financial Markets.