June 17, 2020
OP Finnfund Global Impact Fund I raised EUR 76 million in the first round of funding. As the first Finnish impact fund to invest in emerging markets, the fund targets significant sustainability impacts in addition to profits.
The fund made its first close on 17 June 2020. For example, Finland’s Church Pension Fund, Security Trading Oy, Oy Julius Tallberg AB, the Finnish Industrial Union, the Finnish Municipal Foundation, the Finnish Red Cross, OP Life Assurance Company Ltd and Finnfund have signed investment agreements. The target size of OP Finnfund Global Impact Fund I is EUR 100 million.