Impact Investing Receives Boost with Funds Focusing on ESG Performance
(3BL Media/Justmeans) – A growing number of investment funds are profitably deploying private capital as a tool for effective change. The value proposition of this strategy is that investors are increasingly interested in looking at investment options that integrate sustainability.
The Oasis Fund, managed by Bamboo Capital Partners, is one such investment fund that recognizes the competitive advantage that this strategy delivers. Now the Oasis Fund has been named a Best for the World Fund by B the Change Media, for raising the bar in impact investing. The fund has demonstrated leadership in the quest to achieve credibility for sustainable investing across asset classes.
B the Change Media evaluated investment funds on the basis of a comprehensive Global Impact Investment Rating System (GIIRS) to honor 50 funds that have completed the rigorous GIIRS Rating. This globally recognized rating system satisfies the market’s need to compare and benchmark a fund’s portfolio impact performance.
The 50 GIIRS-rated Best for the World Funds account for more than $3 billion in capital that will be invested in companies across all areas of social and environmental impact.
The Oasis Fund aims to finance organizations and entrepreneurs who have identified profitable and innovative ways to improve people’s lives and bring affordable services to low-income communities while also generating a commercial return for investors.
To date, the fund has invested in 17 companies in sectors such as energy, healthcare, housing and education. The businesses involved span Asia, Africa and Latin America, collectively serving over 20 million people across 10 countries.
Jean-Philippe de Schrevel, Founder and Managing Partner of Bamboo Capital Partners, said that the GIIRS Ratings are the gold standard for measurement in the industry and this achievement reinforces Bamboo’s position as a leading impact investor.
The honor won by the Oasis Fund illustrates to its stakeholders that they are making a positive impact on thousands of people’s lives and are helping to address some of the world’s most serious challenges.
Source: Bamboo Capital
Image Credit: 3BL Media