The private equity fund, which has already been approved by the Spanish Securities and Exchange Commission (CNMV), seeks to continue supporting high-growth SMEs committed to major social and environmental challenges.
Q-Impact created a first fund in January 2020, which is almost fully invested in nine companies. This second edition already has 40% of its volume committed and wants to maintain its focus on education, social inclusion, the elderly, reducing emissions from industry and facilitating circular economy processes to reduce pollutants. In this way, it manages to differentiate itself in order to attract large institutional investors and contribute to the growth of impact funds in Spain, while demonstrating that private investment is a great driver of social improvement without losing profitability.
For the launch of this second fund, Cuatrecasas advised Q-Impact with a teams made up of Funds partner Jorge Canta, together with associate Pilar Pastor and Mariano Núñez.