ImpactAlpha, May 21 – Dutch impact advisor Wire Group launched its first fund last year, after 10 years helping European family offices develop impact investing strategies and doing individual deals (see, “Wire Group’s new impact fund-of-funds offers global footprint for Dutch family offices“). It has raised €25 million toward a €60 million goal. Fund will be invested in other impact funds.
The company says COVID has spotlighted the need to amplify impact investing. “Ecosystems all over the world are under extreme pressure,” said Wire Group’s Ronald Janse. “Investing in the well-being of people and nature is not a luxury, but a necessity. Being solely financially driven is no longer appropriate to the present time.”