Impact Report: Blue Economy Funds at a Glance
Amsterdam, August 29th2024:
Phenix Capital Group has today released its Impact Report: Infrastructure Funds at a Glance.
The report finds that since 2015, €150 billion has been committed towards infrastructure themes tracked by Phenix Capital’s Impact Funds Database. Infrastructure funds which are currently open for investments are targeting a total of €111 billion. Additionally, the number of infrastructure funds in the Phenix Impact Database has grown by 208% in the last decade.
For many countries, infrastructure, which is typically seen as a hedge against inflation, remains the solution to long term growth, as concluded by the UK’s National Infrastructure Commission’s second National Infrastructure Assessment released in October 2023. Almost 75% of the infrastructure impact funds in the database have a developed market focus.
At the time of last year’s survey there were 322 infrastructure impact funds in the database, making the year-on-year growth almost 11%, but for the full calendar year 2023, the total growth in number of funds was just 2%.
From a Sustainable Development Goals (SDGs) point of view, Innovation & Infrastructure (SDG9) and Sustainable Cities and Communities (SDG11) continue to hold the second and third slots with 75 and 70 funds and a growth rate in number of 21% and 23%, respectively, compared to 2023.
Next to the insights and analytics provided by Phenix Capital's Impact Fund Database, the report also features an interview with Anders Houch, co-founder of Frontier Energy.
“Our investment approach is to develop by ourselves or, if we join existing ventures, to engage heavily in the development. We do this to ensure the projects are bankable and meet our environmental and social requirements, which follows the high standard established by the IFC Performance Standards,” said Houch.
There are currently 357 infrastructure funds from 174 different fund managers tracked on Impact Database. Out of these, 137 funds from 113 organisations are currently open for investments.
Download the full report here.
For media inquiries or further information, please contact:
Laura Smith
Senior Marketing & Communications Manager
laurasmith@phenixcapitalgroup.com
About Phenix Capital Group
Phenix Capital Group has been delivering impact solutions globally since 2012 to enable institutional investors to make financial-first impact investments. The company has been dedicated to building a solid knowledge base of the impact investing industry, educating asset owners and asset manager with their impact investing intelligence.
About Impact Funda Database
Phenix Capital’s Impact Database provides investors with access to and intelligence on the impact fund market opportunities available to them. Three main variables used to construct, monitor and update the dataset: funds considered have an impact proposition; institutional scale; and target market-rate returns. Impact Database now includes detailed overview of more than 2,500+ impact funds.