This prominent position of Impact Investment is anticipated to strengthen, with Sub-Saharan Africa identified as the geographic area into which most surveyed investors intend to increase their allocations.
Structured as a blended finance fund, REFFA’s capital structure consists of a junior, mezzanine and a senior tranche.
Specific internal ESG commitments include nurturing diversity and inclusion for LGBT, women, and those living with disability; monitoring adherence to local Corporate Governance Codes; and minimising impact on the environment.
These humble funds eventually embraced cash, derivatives and, more recently, alternative assets.
Since those dark days, stocks have rocketed and the U.S. economy has boomed, yet these stakes languish in investors’ portfolios like moldy leftovers sitting in the fridge for too long.
Founded in 2006, Sanlam FOUR is part of the Sanlam Group, a global financial services group with a $11bn market value and 100 years of heritage.
This acquisition will enable Akaan Lombard International to accelerate its growth plans for Mexico and Latin America, serving the needs of high net worth individuals, their families and institutions across the region.