Investcorp-Tages has held the second close of its Impact Fund with a total allocation of €60 million.
Through the fund Investcorp-Tages will invest in financially sustainable and social impact-generating companies that aim to expand their business into new European markets or new product lines.
The fund’s strategy has been designed to identify investment opportunities where the social and environmental impact is significant and measurable, with a particular focus on small and mid-cap European companies operating in the health, education, and job creation sectors.
To ensure maximum independence in the assessment and measurement of impact, Investcorp-Tages has collaborated with the Human Foundation Think Tank for social innovation chaired by Giovanna Melandri. The Human Foundation has developed a proprietary analysis process that fits into the methodology of the Impact Measurement Project.