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MAPFRE AM and GSI launch a social impact fund with a first goal of 50 million to finance companies

MAPFRE AM and GSI launch a social impact fund with a first goal of 50 million to finance companies

MAPFRE AM, the manager of the insurance group, and Global Social Impact Investments SGIIC (GSI) are joining forces to provide financing to companies with high social impact on both frontier and emerging markets. They will do so through an open private debt fund, called the Global Social Impact Fund (GSIF), which will initially focus on consolidated business models in sub-Saharan Africa and will potentially expand to Latin America. The vehicle, which aims to reach 50 million euros as a first goal, will be managed by GSI and has Santa Comba and MAPFRE as its main investors. MAPFRE AM will take on the role of investment advisor.

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