Legal & General Capital invests in ImpactA Global to address critical infrastructure deficit in emerging markets

Written by Adam Cadle

06/03/2023

Legal & General Capital (Legal & General) has invested in the impact investment advisory firm ImpactA Global (ImpactA).

Through the partnership, Legal & General will support ImpactA in building its business, and will invest in its strategy to deploy capital into sustainable infrastructure projects in emerging markets.

ImpactA seeks to bridge funding gaps in transformational infrastructure projects and unlock critical investment to drive climate transition and reduce inequalities in emerging markets.

Aligned with Legal & General’s strategy to create positive environmental and socio-economic impact, the investment in ImpactA is indicative of the partnerships Legal & General looks for as part of its General Partners (GP) Investing Programme. With ImpactA’s focus on emerging markets and addressing inequalities through its investments, its mission and target sectors are squarely aligned with Legal & General’s own sustainability goals.

Commenting on the decision to invest, Laura Mason, CEO at Legal & General Capital, said: “We are delighted to become a significant minority shareholder in ImpactA, and look forward to working in partnership with the ambitious, impact-driven investment advisory firm. This new partnership forms part of Legal & General Capital’s established mandate to take strategic minority GP stakes in managers of alternative assets, a model which we have successfully employed in other sectors, notably European credit through our investment in Pemberton and European sustainable energy through our partnership with NTR.”

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