financial inclusion

The new venture capital firm is targeting $125m to invest in promising proptech start-ups.

The Apollo Opportunity Foundation will partner with organisations focused on causes championed by employees of the private markets firm.

Founded by a JPMorgan alum in 2007, Creation Investments Capital Management focuses on financial inclusion in Asia-Pacific and Latin America.

The impact firm, an offshoot of LGT, is investing in Selina, a loan provider that offers a flexible alternative to high street bank loans.

The Task Force on Inequality-related Financial Disclosures is being designed as a tool for ‘systemic risk management’.

‘We are constantly being asked for impact funds in emerging markets, but it’s very difficult to grow that from scratch’, says Will Nicoll, CIO of M&G’s private and alternative assets strategy.

To date the firm has backed companies in emerging and growth economies across Africa and Asia. 

The impact manager waits for regulatory approval and begins to plan Fund IV.

The firm is offering investors access to the single-family rental market and seeks to provide residents with a pathway to homeownership.

Mid-market debt strategies are a good way to access diverse-owned businesses, Brightwood Capital Advisors' Sengal Selassie said last week.