Arcmont Asset Management Launches New Impact Lending Strategy with two mandates for EUR 475m
Arcmont Asset Management (“Arcmont”), a leading European private debt asset management firm and a member of Nuveen Private Capital (NPC), has launched a new Impact Lending strategy. 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.
The strategy aims to provide debt financing to companies whose products and services seek to address critical environmental and social challenges across four key themes: climate, health, education and sustainable economic growth.
Building on Arcmont’s strong track record, extensive origination capabilities and deep expertise in responsible investing, the strategy offers investors an opportunity to achieve financial returns alongside positive measurable environmental and social impact. Arcmont believes this is a natural extension of its existing commitments to responsible capital allocation.
Developed in collaboration with Bridgespan Social Impact, a leading impact consultant, the 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.
To ensure 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.
“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,” said Anthony Fobel, CEO Arcmont Asset Management. “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.”
Menno van den Elsaker, Head of Alternative Credits at APG said, “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.”
Wen-Fu Wu, Deputy CIO and Head of Fixed Income, TIAA said, “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.”
