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NESsT launches first Central and Eastern Europe fund

NESsT, a global impact investor and venture philanthropist, has launched the NESsT Violet Fund – its first fund focussed on investments in Central and Eastern Europe. The fund is launching in partnership with Dreilinden gGmbH, a Germany-based non-profit dedicated to advancing societal acceptance of gender and sexual diversity. 

NESsT, a global impact investor and venture philanthropist, has launched the NESsT Violet Fund – its first fund focussed on investments in Central and Eastern Europe. The fund is launching in partnership with Dreilinden gGmbH, a Germany-based non-profit dedicated to advancing societal acceptance of gender and sexual diversity. 

NESsT says the fund will aim to facilitate better access to the labour markets and improve career progression in the workplace for marginalised communities, including LGBTQIA, ethnic minorities, at-risk youth, and people with disabilities.
   
NESsT says it has also ‘refined’ the investment thesis of the NESsT Lirio fund, which launched in 2018, to focus specifically on financing SMEs, improving livelihoods, and promoting sustainable land management in the Andes-Amazon basin. 
 
The fund’s portfolio companies currently support the livelihoods of over 2,400 smallholder farmers and vulnerable workers, 45% of whom are women, in rural Peru and Colombia.
 

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