Degroof Petercam, a Belgian financial institution, has joined forces with Swiss asset manager Quadia to strengthen its impact investing offering.
Under the agreement, Degroof has taken a minority equity stake in Quadia. However, financial terms of the deal or size of the stake were not disclosed.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Degroof CEO Philippe Masset said: “Through this strategic equity participation, our group positions itself as a leading actor in the area of responsible finance, with a complete offering and at the forefront of Socially Responsible Investing, Impact Investing and Philanthropy.”
The two companies plan to roll out a diversified European closed-ended impact investment fund this year.
Quadia co-founder Guillaume Taylor said: “I am convinced that by combining our forces, expertise and network, we will be able to propose an exceptional Impact Investing offering in Europe. In this way, we will jointly contribute to a new economic paradigm which brings social and environmental solutions to today’s challenges.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
