Pymwymic is delighted to announce ASR Levensverzekering N.V. (“a.s.r.”) as second institutional investor in the Pymwymic Healthy Ecosystems Impact Fund. With a commitment of €5m, a.s.r. strongly catalyses Pymwymic’s ambition to support innovative and disruptive companies which restore or conserve our ecosystems.
Scaling Impact Investing
For almost twenty-five years, Pymwymic, the Put Your Money Where Your Meaning Is Community, has supported private wealth holders to invest in companies creating solutions for global problems. Where private capital is considered to be a market mover, institutional capital is market scaler. We are therefore proud to announce that our second institutional investor, a.s.r. has committed €5m to the Pymwymic Healthy Ecosystems Impact Fund.
About the Fund
The Pymwymic Healthy Ecosystems Impact Fund was launched one1 year ago and is targeted to close within two years at €30m. By now, having over €15m committed capital as well as two institutional investors onboard, Pymwymic is ready to further accelerate its impact. Driven by a solid pipeline, two investments have been done so far in both B-Corp Certified2 companies Fairphone and InspiraFarms.
The Pymwymic Healthy Ecosystems Impact Fund invests in innovative impact companies that seek to conserve and restore our ecosystems while providing an attractive financial return. Preserving the Earth’s ecosystems is fundamental for food security, climate change mitigation, poverty reduction and social stability, as well as overall sustainable development. To learn more the Pymwymic Healthy Ecosystems Impact Fund, see here.
Jack Julicher, a.s.r.’s director Group Asset Management says: ‘a.s.r. is convinced that in the long run sustainable investments will realize a better return on investment. Therefore, we seek for impact investments that contribute to a fairer, greener and more social future. Pymwymic’s Healthy Ecosystem Impact Fund matches our high ambitions with its combination of financial and sustainable impact objectives.’
About a.s.r. asset management
a.s.r. asset management has well over €55 billion under management. We are a Dutch asset manager with a matter-of-fact approach and a focus on sustainable investing. Clients of a.s.r. asset management include pension funds, insurers, donor advised funds, charities, educational institutions and government institutions. We collaborate with these institutions on a daily basis to secure sound returns. Returns that contribute to their goals. For more information, go to www.asrvermogensbeheer.nl.
1The Pymwymic Cooperative being a cornerstone investor.
2Certified B Corporations meet the highest standards of verified social and environmental performance, public transparency and legal accountability to balance profit and purpose. More about Business as a Force for Good, see here.
Photo by Tanya Nevidoma on Unsplash.