OP Finnfund Global Impact Fund I raised EUR 76 million in the first round of funding

OP Finnfund Global Impact Fund I raised EUR 76 million in the first round of funding. As the first Finnish impact fund to invest in emerging markets, the fund targets significant sustainability impacts in addition to profits.

The fund made its first close on 17 June 2020. For example, Finland’s Church Pension Fund, Security Trading Oy, Oy Julius Tallberg AB, the Finnish Industrial Union, the Finnish Municipal Foundation, the Finnish Red Cross, OP Life Assurance Company Ltd and Finnfund have signed investment agreements. The target size of OP Finnfund Global Impact Fund I is EUR 100 million.

Read more OP: The first emerging markets impact fund in Finland attracted more interest than anticipated – raised EUR 76 million in capital

Finnfund invests in Amartha, improving access to finance for women in rural Indonesia

Development Finance Institutions Swedfund, Finnfund, and the Belgian Investment Company for Developing Countries (BIO),…

Investment Manager Kuutti Kilpeläinen, Finnfund: “Digital gap is a significant opportunity to create impact”

Impact investor and development financier Finnfund has put digital infrastructure and solutions at the…
Green leaf. Photo credit Shutterstock

Finnfund announces successful completion of multi-tranche green and sustainable bond offering

Finnfund, a Finnish development financier and impact investor, issues nearly EUR 200 million of…

Finnfund and IDB Invest partner with Netwey to expand internet access in Mexico

Finnfund closed a 5 million US dollar equity investment with Netwey, a Mexican Internet…

Mountain Hazelnuts secures landmark international investment, strengthening Bhutan’s sustainable agriculture sector

Mountain Hazelnuts , Bhutan’s first fully foreign direct investment (FDI) and a leading force…
View over Nairobi with Finnfund and ILX logos

Opportunities for impact investing in emerging markets 20 March in Helsinki

Impact investment seminar for institutional investors Time: Thursday 20 March 9-12 (breakfast available from…

Finnfund’s follow-on investment to Fibertime Group advances digital inclusion in South Africa with the help of Nokia technology

Finnfund has made a follow-on investment of 2 million euros to Fibertime Group enabling…

Heikki Cantell appointed as the new chair of the Finnfund Board of Directors

Heikki Cantell, the General Counsel and Secretary General at the Nordic Investment Bank (NIB),…

Finnish investors support the electric vehicle business in India

OP Finnfund Global Impact Fund I, the first Finnish global emerging markets impact fund,…

Finnfund boosts green and women-owned enterprises in Mongolia with an Investment in XacBank

Finnfund invests in XacBank, one of the leading banks in Mongolia, to boost green…