Private equity firms are expanding their focus beyond traditional financing by strongly backing investments that generate positive social and environmental impact. In this context, Gala Capital, the Spanish investment manager, has launched a new fund called Cuanimen Social Impact Fund, aiming to raise €20 million to invest in Spanish companies with sustainable business models.
The fund will make investments ranging from €500,000 to €3 million, targeting solutions to specific social challenges, according to Rodrigo Aguirre de Cárcer, Gala Capital’s Director of Social Impact. They already have a promising pipeline and are increasingly identifying companies that generate positive impact.
To evaluate opportunities, the fund uses sector-specific metrics while maintaining a broad approach. Its focus areas include education (with an emphasis on new methodologies to reduce school dropout rates), social inclusion, environment (from carbon footprint reduction to sustainable mobility), food and agriculture, as well as health and wellbeing.
Regarding its investors, the fund combines capital from national and European public institutions, private entities such as insurance companies and pension funds, along with individual investors.
