Deutsche Bank Impact Investment Fund I closes two impact investments

The two new investments Impact Ventures UK and Social Venture Fund II mark 50 per cent of the total sum of 10 million pounds committed.

Deutsche Bank Impact Investment Fund I (DBIIFI) was launched in 2011 to support the growth of the Social Finance market through a £10m fund to be invested over 3 years. On this road, it can now mark a new milestone: it has closed two new investments, thereby increasing the Bank’s portfolio to five investments.

“Both investments are excellent examples of how this groundbreaking fund, which accepts a reduced return on investment in order to support social enterprise, can make a real impact in society," characterizes Colin Grassie, CEO of Deutsche Bank UK, the process. 

Impact Investment visual

Impact Ventures UK

The first close of LGT Venture Philanthropy and private bank Berenberg’s social impact fund Impact Ventures UK (IVUK) will support enterprises that create strong positive social impact for disadvantaged people and communities in the UK, as well as generating a financial return. Preceding its announcement, the fund raised £20.8m (€24.8m) from investors including DBIIFI.

Social Venture Fund II

The Social Venture Fund (SVF), which has recently announced the successful 16.4 million euro first closing of Social Venture Fund II (SVFII), invests risk capital in social enterprises focusing on alleviation of human suffering, work and education and build-up of lasting means of subsistence.

The successful first fund saw investments into organisations such as Auticon, a software testing firm by people with autism, Germany Rounds Up, which deals with micro donations, and VerbaVoice, which produces live transcriptions for the hearing impaired.

Social Venture Fund also has a Europe-wide investment remit.

“In the past three years we have shown that social entrepreneurs can effectuate measurable and relevant social changes.”

Dr. Thomas Jetter Member of the SVF

You might be interested in

Be! Fund: Promoting social entrepreneurship

Be! Fund: Promoting social entrepreneurship

India

Since 2011, Deutsche Bank has actively partnered with Be! Fund, India’s first non-profit venture fund. Young people receive seed capital and guidance to realize their ideas for solving local social, economic and environmental problems.

Microfinance and social venture funds

Microfinance and social venture funds

Helping people help themselves requires innovative financial instruments that serve both social and economic goals. Early on, Deutsche Bank recognized the opportunties that microloans provide to individuals and society as a whole.

Sustainable products and investment strategies

Sustainable products and investment strategies

We can promote the transition towards a clean global economy and simultaneously offer our clients new business opportunities by means of sustainable financial products and investment strategies.
This website uses technically required cookies, which are necessary for the technical functionality of our website and the detection of errors. For more information about the cookies we use and their purpose, please see here.