Truestone Impact Investment Management has launched a new global impact fund, Citywire reports. The IM Truestone Global Impact fund focuses on investing in social and environmental projects.
The portfolio will invest in companies, private equity vehicles and funds which benefit poor communities and the environment. Alex Weiland, the director of the U.K. ethical fund manager will lead a team managing the fund, which will invest in areas like renewable energy, sustainable forestry, agriculture, and microfinance.
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