Credit Suisse launches impact investing division



The Swiss bank, an early mover in supporting other impact investment firms, is opening its own impact investing division, called Impact Advisory and Finance.

It will be headed by Marisa Drew, who has served as co-head of Europe, Middle East and Africa investment banking and capital markets for the bank.

Leading the new division, Drew will report directly to CEO Tidjane Thiam.

In 2003, Credit Suisse was a founding partner in responsAbility, a company that has since invested in 550 emerging-market impact ventures.

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