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Vivergi Social Impact Fund

Spain

Last updated 12 May 2020, by Impactyield.

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Vivergi Social Impact Fund invests in social enterprises that demonstrate a strong impact potential. Vivergi Fund is registered in Spain and is managed by the management company Ambar Capital y Expansión.

Vivergi’s goal is to invest and accompany companies that meet 3 requirements: strong social or environmental impact, financial profitability and scalability. Vivergi divides its activities in 5 areas: food and agriculture, health and wellness, education, environment and social inclusion. The inclusion of marginalized communities represents always a priority in any of these areas.

The fund’s ultimate goal is to foster sustainable inclusive growth, promoting the integration of people, generating sustainable employment for the underprivileged and improving people’s quality of life. Vivergi Fund’s team counts with a wide and consolidated experience in private equity and venture capital, business management, and social investment. This combination allows us to support the companies transversally becoming a strategic partner.



Financial description

In order to optimize our risks, we invest in equity following a staggered approach, releasing commitments in function of pre-agreed economic and social indicators. When we see that the company achieves an optimized model that is ready to scale, we significantly increase our funding to achieve widespread impact. Our wish with Vivergi is to have the capacity to accompany our investments from early stages to later stages in their growth cycle.

9 years

of track record

2015

the year funded

50,000,000 EUR

AUM

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Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.

Asset manager

SDG goals

SDG targets

Equal rights to ownership basic services technology and economic resources

Encourage companies to adopt sustainable practices and sustainability reporting

Sustainable food production and resilient agricultural practices

Universal access to sexual and reproductive care, family planning and education

Free primary and secondary education

Double the improvement in energy efficiency

Expand and upgrade energy services for developing countries

Full employment and decent work with equal pay

Impact Category

Key performance indicators

Fund overview

Asset manager: Ambar Capital y Expansión SGECR

Product track record: Fund has 9 years of track record

Target IRR: 12%

Committed Capital: 0 EUR (Euro)

Target return category: Risk-adjusted market-rate of return

Fund domicile:

Product status:

Style/Stage: ,

Inception year: 2015

Vintage year: n.a.

Target region: , , ,

Target close date: 01/04/2015

Product term: 8

Assets under management: 50,000,000 EUR (Euro)

Investment size: Min: 500,000; Max: 6,000,000; Avg: 2,500,000

Co-investment policy: ,

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 0

Fund investments to date exited or repaid: 0

Management fee: 1.6%

Carried interest: n.a.

Hurdle rate: 8%%

GIIN Investors' Council Investment: No

Limited Partners / Investors: n.a.

Limited Partner / Investor Type: Development Finance Institution (DFI), Family Office

Contact

E-mail: n.a.

Website: http://www.vivergi.com

Phone number: +34 914261900

If you wish to have your details removed from this database please email gdpr@impactyield.com


Lara Viada

Associate

Impact Performance

n.a.

Impact thesis

Vivergi’s mission translates into the following 5 key impact objectives per area:
1. To improve quality and access to education of all the children with a special focus on underprivileged children.
2. To reduce society’s environmental impact by reducing unnecessary consumption and promoting the use of clean energies.
3. To promote the consumption of food-products that have a positive impact in farmer’s quality of life, the environment and consumer’s health.
4. To increase the offer of health solutions that improve the quality of life of underprivileged populations.
5. To increase and improve employment opportunities for underprivileged sectors as well as the offer of products that can improve their quality of life.
Vivergi bases its impact evaluation and measurement on a 4-step process:
1. Define the social problem the company is addressing
2. Analyze the proposed social solution
3. Establish social metrics and goals with the entrepreneur
4. Measure and compare the performance of our portfolio companies between each other

Impact Management

n.a.

Financial benchmark