Aavishkaar Capital announced the launch of the ESG First Fund, a US$ 250 Mn fund focused, firstly, on strengthening the Environmental, Social and Governance (ESG) practice of mid-market businesses to help them scale to access new markets where consumer demand for goods and services produced is in an environmentally & socially sustainable manner. The fund is in partnership with KfW.
E Environmental
S Social
G Governance
World over, climate change and social inclusion are changing consumer behavior and driving regulatory change expedited further by the global pandemic.
This creates a significant investment opportunity to back companies having environmental and social considerations at the core of their business strategy to meet the demand of today's global consumer.
Public concern for climate & the environment has risen globally
Demand for sustainable goods & gender equality is increasing
Businesses have been forced to listen
Governments have taken more responsible stand on climate change, environment and sustainability
Climate & the environment mean business
The ESG First Fund will look to provide transformational capital which can invest across the capital structure, helping businesses improve their ESG standards so that they capitalize on the increasing consumer preference for ecologically conscious, gender equal and purpose driven businesses.
Leveraging on the global drive for sustainability and equality, the ESG First Fund is a US$ 250 Mn fund focused on investing in Africa and Asia with the mandate of generating superior ESG outcomes and commercial financial returns alongside positive social impact.
Environmental
Social
Governance
The ESG First Fund will look to provide transformational capital which can invest across the capital structure, helping businesses improve their ESG standards so that they capitalize on the increasing consumer preference for ecologically conscious, gender equal and purpose driven businesses.
We consistently look for investments with the following attributes.
Strong ESG Focus
Proven & resilient Business Model
Significant Competitive Advantage
Experienced Management Teams
Fit with Portfolio Construct
The fund aims to partner with mid-market businesses and enterprises committed to enhanced ESG standards in their business operations.
If you are an entrepreneur who compliments our vision write to us - esgfirst@aavishkaar.in
The Fund is the first global fund with a south-south investment mandate with an investment process centred around ESG from investment to portfolio management to exit. In addition, the fund would focus on gender equality and climate change goals [COP26], with an ambition to grow mid-cap enterprises by deepening and gaining access to evolved export markets.
KfW Development Bank has been helping the German Federal Government to achieve its goals in development policy and international development cooperation for more than 50 years. In this regard, KfW is both an experienced bank and a development institution with financing expertise, with expert knowledge of development policy and many years of national and international experience. On behalf of the German Federal Government, and primarily the Federal Ministry for Economic Cooperation and Development (BMZ), KfW finance and support programmes and projects in developing countries and emerging economies – from their conception and execution to monitoring their success. KfW’s goal is to help their partner countries fight poverty, maintain peace, protect both the environment and the climate and shape globalisation in an appropriate way.