Corinne Molitor of Innpact poses for a portrait during an interview with Delano in August. Photo: Jan Hanrion/Maison Moderne
Innpact, the impact investing consultancy, said a subsidiary received authorisation as an alternative investment fund manager, the first such service provider focused on impact finance.
The company said in a press release on 30 September:
“Innpact Fund Management is the first third-party AIFM in Luxembourg entirely dedicated to impact finance. It provides state-of-the art portfolio and risk management services to third-party investment managers and advisors investing in private equity and private debt with the purpose to create intentional, sustainable and measurable social and environmental impact.”
Corinne Molitor, an Innpact partner and one of the management company’s conducting officers, stated in the announcement:
“With Innpact Fund Management, we add a corner stone to our overall service offering, that will provide increased added value for innovative impact advisors and managers, investing in a wide range of geographies.”
Innpact said it received authorisation from Luxembourg’s financial regulator, the CSSF, on 25 September.
Innpact advises investors, companies and NGOs on how to successfully manage impact investments, which place societal objectives on the same footing as financial outcomes.