Tages has always seen social responsibility as central to the firm, both in the way we run our business and treat our employees, and the way we assess the underlying managers in which we invest. We are now launching a fund of private impact funds to apply this ethos directly.
We firmly believe that ‘impact investing’ does not need to mean investing less efficiently or effectively, but aim to invest in opportunities where social and environmental impact go hand-in-hand with market-rate returns. The new fund will allocate to private equity impact funds and make co-investments with local private equity managers operating in European countries. We have developed our approach and initial target portfolio in conjunction with our clients and plan to launch later this year.