Swiss impact asset manager responsAbility Investments today announced the launch of a USD 3 m Technical Assistance Facility linked to a responsAbility-managed climate finance fund targeting the financing gap in the effort to provide universal access to clean power in developing countries.
Swiss impact asset manager responsAbility Investments appoints Michael Fiebig, who has been responsible for private equity investments at responsAbility for nine years, to the company’s Executive Management.
Swiss impact asset manager responsAbility Investments is part of ImpactAssets 50 2020 (IA 50), a publicly available, online database for impact investors, family offices, financial advisors and institutional investors that features a diversified listing of private capital fund managers that deliver social and environmental impact as well as financial returns.
Zurich, 2 December 2019 — The responsAbility-managed private equity vehicle focusing on sustainable food and agriculture in emerging economies has completed an investment in Wingreens Farms, the India-based fully backward integrated food company producing fresh dips, sauces, condiments and healthy snacks. With this transaction, the fund is fully invested 28 months after its first closing.
responsAbility Renewable Energy Holding (rAREH), the Nairobi-based energy company focusing on Sub-Saharan Africa, has officially started construction on a run-of-the-river hydropower plant located on the Nyamwamba river in Western Uganda.
Zurich, 21 November 2019 — Swiss impact asset manager responsAbility Investments is closing the responsAbility Fair Agriculture Fund, effective from 21 November 2019. The significantly reduced fund volume made it impossible to successfully pursue the fund’s investment strategy. The closure is taking place in order to protect the interests of the fund’s investors.