Invethos, a sustainable wealth manager, and Symbiotics, the leading market access platform for impact investing, have established a partnership through the enhanced Emerging Impact Bond Fund (EIBF).
Since Symbiotics launched the fund in 2015, EIBF has built a five-year track record investing predominantly in private debt of financial intermediaries in emerging and frontier markets. Thanks to the new partnership with Invethos, who will serve as an investment advisor to Symbiotics, EIBF can now invest up to 15% in impact-related private debt in developed markets. As of 30 September 2020, the fund has USD 35 million in total assets.
The Emerging Impact Bond Fund targets institutional and private investors such as pensions funds and family offices that wish to obtain an attractive financial and social return. It offers weekly subscriptions and redemptions and is structured as a Luxembourg-domiciled SICAV part II. The fund offers share classes in USD as well as CHF, specifically aimed at the Swiss market. EIBF is the result of the merger of Invethos’ Social Impact Fund, formerly domiciled in Liechtenstein and Symbiotics’ Emerging Impact Bond Fund. The new fund offers an innovative and efficient access to impact investing through private debt.
Invethos Co-Founder and Partner Lukas Stücklin stated: “The Fund’s unique ability to invest in emerging markets, and at the same time, to address social challenges in the Global North provides a unique investment opportunity for investors who would like to see the application of impact investing principles addressing issues across the globe as well as in their own communities.”
“The revamped Emerging Impact Bond Fund combines the expertise of two long-standing players in the impact investing market. Symbiotics has more than 15 years of experience in impact debt in emerging and frontier markets, while Invethos brings intimate knowledge of the impact investing landscape in developed markets. This creates a unique set-up to deliver on our investment promise to investors”, said Théodore Economou, Head of Asset Management at Symbiotics.
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About Symbiotics
Symbiotics is the leading market access platform for impact investing, dedicated to financing micro- small and medium enterprises and low- and middle-income households in emerging and frontier markets. Since 2005, Symbiotics has structured and originated some 4,000 deals for over 450 companies in almost 90 emerging and frontier markets representing more than USD 5.5 billion. These investments have been purchased by more than 25 fund mandates and more than 50 third party specialized fund managers, forming a growing ecosystem and marketplace for such transactions.
symbioticsgroup.com
About Invethos
Invethos is an independent wealth manager and an innovator in sustainable and transparent asset management. The company is based in Berne and mainly serves Swiss private and institutional clients, many with a strong focus on impact investments. Since 2009 Invethos has launched various impact investment innovations such as the first Social Impact Bond in Switzerland and an impact real estate investment company.
invethos.ch
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For more information, contact:
Samy Derradji, Corporate Communication Manager, Symbiotics
samy.derradji@symbioticsgroup.com
Lukas Stücklin, Member of the Executive Board, Partner, Invethos AG
lukas.stuecklin@invethos.ch
