RM Funds targets UN sustainability goals with new Impact Credit fund launch

£200m fundraising target set

Lauren Mason
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Improving child care and education are among the objectives the new fund hopes to achieve
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Improving child care and education are among the objectives the new fund hopes to achieve

Specialist alternatives fund manager RM Funds has today (22 February) launched its Impact Credit fund, which will aim to fund businesses making a "clear contribution" towards achieving the UN's Sustainable Development Goals.

The vehicle, which is targeting a fundraise of up to £200m, will provide non-benchmark-sized loans of up to £15m to companies focusing on social and environmental infrastructure. The impact objectives it will focus on are improving the supply of quality affordable housing and accommodation; childcare and education services; health and social care; the availability of energy, recycling, waste and sustainable water solutions; and the sustainability of buildings and transport. Alongside the use of the SDGs, the fund will make "a proactive, meaningful contribution" to improving core borro...

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