Arendt & Medernach acted as counsel to Impact Expansion on the final closing of Impact Expansion Fund I which raised €150M

Arendt & Medernach acted as counsel to Impact Expansion on the final closing of Impact Expansion Fund I, at its hard cap of €150M, well above its €120m target size.

Qualifying as Article 9 under the SFDR regulation and targeting the environment, education and healthcare sectors, the fund received the support of several large institutional investors as well as major European entrepreneurial family offices and aims to support profitable SMEs looking for €5 to €30 million of minority or majority capital to accelerate their development and increase their impact.

Impact Expansion Fund I which invests in Benelux, France, and more broadly Western Europe, targets participations in a dozen companies, and is receiving the support of operating partners specialised in specific sectors or areas of expertise.