Arcmont Asset Management, a leading European private debt asset management firm and a member of Nuveen Private Capital (NPC), announced it has launched a new Impact Lending strategy. And it has secured two mandates totaling €475 million from APG (one of the world’s largest pension asset managers) and TIAA (one of the world’s largest institutional investors and a leading provider of retirement and financial services).
This strategy seeks to provide debt financing to companies whose products and services address critical environmental and social challenges across four key themes: climate, health, education, and sustainable economic growth.
Building on Arcmont’s track record, extensive origination capabilities, and deep expertise in responsible investing, the strategy allows investors to achieve financial returns alongside positive, measurable environmental and social impact. Arcmont believes this is a natural extension of its commitment to responsible capital allocation.
Created in collaboration with Bridgespan Social Impact, a leading impact consultant, this strategy is anchored in industry frameworks, with impact considerations integrated throughout the investment lifecycle and a rigorous impact due diligence process. Arcmont’s impact management process is aligned with the Operating Principles for Impact Management and has been independently verified by BlueMark, a leading provider of impact verification services.
For ensuring transparency, accountability and integrity in impact measurement, Arcmont will report on outcome impact KPIs for investments, underscoring its commitment to rigorous impact measurement and providing investors with clear insights into the social and environmental outcomes achieved.
KEY QUOTES:
“Arcmont is a leading responsible investor in the European Private Debt market and one of the first Private Debt firms of its size to launch an Impact Lending strategy. We are proud to take this step forward with APG and TIAA’s support and we believe that this strategy will provide our investors with a meaningful way to contribute to a sustainable future.”
– Anthony Fobel, CEO Arcmont Asset Management
“At APG, we want to be at the forefront of impact investing. Through this partnership with Arcmont, we can deliver attractive investment returns for our clients ABP, bpfBOUW and PPF APG, while contributing to their ambitious impact objectives. We are excited to further our partnership with Arcmont through our commitment to the Impact Lending strategy.”
– Menno van den Elsaker, Head of Alternative Credits at APG
“The approach of this new strategy aligns nicely with our aim of being responsible stewards of our participants’ capital by seeking diversified, long-term performance while driving positive change.”
– Wen-Fu Wu, Deputy CIO and Head of Fixed Income, TIAA
