Goodwell Investments selected as Emeritus Impact Manager for the Impact Assets 50 2023
Goodwell Investments has been included on the ImpactAssets 50 list for the sixth consecutive year. This recognition is a reflection of the firm’s efforts in generating both social impact with its strong global footprint along with financial returns.
The IA 50 is the first publicly available database of private debt and equity impact investing fund managers; it is intended to illustrate the breadth of impact investment fund managers operating today. IA 50 offers an easy way to identify experienced impact investment firms and explore the landscape of potential investment options. Applications are reviewed by a Review Committee of veteran Impact Investors.
Goodwell Investments is pleased to be recognised as an Emeritus Manager for IA 50 2023. The inclusion of Goodwell Investments demonstrates the firm’s long history of SME impact investing and its dedication to supporting inclusive growth in emerging economies.
“We are honored to be recognised as an Emeritus Manager for ImpactAssets 50 2023,” commented Els Boerhof, Managing Partner at Goodwell Investments. “Being selected for the IA 50 demonstrates that successful financial performance and positive social impact go hand in hand. We continue to work towards driving sustainable change through the power of impact investing.”
The IA 50 breaks out managers in three categories, including the core IA 50 list, IA 50 Emerging Impact Managers list and IA 50 Emeritus Impact Managers list. Across all three categories, a record 163 impact fund managers were included totaling USD 122.48 billion in assets, invested across a range of asset classes and impact themes.
Goodwell’s latest IA 50 recognition is based on a range of criteria, including a history of impact investing spanning over 17 years, and a wide geographic network with partners and investees in India, Kenya, Nigeria, and South Africa. In the years ahead, Goodwell Investments aims to expand on these achievements, and is currently raising EUR 150 million for the uMunthu II fund, dedicated to supporting early-stage entrepreneurs and SMEs in un(der)served communities. The fund will invest in solutions that are working to build financial inclusion, food security, and reducing inequalities.
“This year’s IA 50 showcase is a watershed, as the industry continues to allocate more investable assets into social and environmental solutions with both time-tested strategies and creative, new approaches,” said Jed Emerson, ImpactAssets Senior Fellow, IA 50 Review Committee Chair and Chief Impact Officer at AlTi Global. “Established funds continue to impress, while new funds are bringing fresh approaches and insights that move the needle in critical areas through impact investing.”
About Goodwell Investments
Goodwell Investments is a pioneering impact investment firm focused on inclusive growth in sectors providing basic goods and services and income generation opportunities to underserved communities in Africa and India. Since 2006, Goodwell has raised five private equity funds managing over €330m in capital. The firm provides early-stage equity to high growth high impact businesses in Africa and India. Goodwell is a truly global, locally present firm with teams or partners in India, Nigeria, South Africa, Kenya and The Netherlands. With a track record of over fifteen years, Goodwell demonstrates the ability to simultaneously deliver significant social impact and strong financial returns.
About ImpactAssests 50
The IA 50 is the first publicly available database that provides a gateway into the world of impact investing for investors and their financial advisors, offering an easy way to identify experienced impact investment firms and explore the landscape of potential investment options. The IA 50 is intended to illustrate the breadth of impact investment fund managers operating today, though it is not a comprehensive list. Firms have been selected to demonstrate a wide range of impact investing activities across geographies, sectors and asset classes.
The IA 50 is not an index or investable platform and does not constitute an offering or recommend specific products. It is not a replacement for due diligence. In order to be considered for the IA 50 2021, fund managers needed to have at least $25 million in assets under management, more than three years of experience as a firm with impact investing, documented social and/or environmental impact and be available for US investment. Additional details on the selection process are available here.