Affirmative Investment Management (AIM) Launches AIM US$ Liquid Impact Fund LLC

May 16, 2018

LONDON, UK – Today, Affirmative Investment Management (AIM) announces the launch of its latest impact fund:  the Delaware based AIM US$ Liquid Impact Fund LLC (US$ LIF).  The market for fixed income impact investments has been growing rapidly. US$ LIF is managed by AIM’s portfolio management team, led by Justin Eeles, Partner.  AIM has a track record of managing impact bond strategies since 2015.

The US$ LIF only invests in high grade issuances that have been evaluated and approved by AIM’s in-house Verification team. In addition to sustainability criteria, the evaluation process focuses on the engagement and transparency of reporting by the issuer and the measurable impact of the underlying proceeds. To align with AIM’s mission to help mobilise capital to address the major challenges the world faces, the fund supports those issuers that have demonstrated a commitment to aiding the transition to low carbon growth and supporting the UN Sustainable Development Goals.

The launch of the US$ LIF is testiment to AIM’s commitment to offer a pure play debt impact product across the entire yield curve.  We hope this will lead to an increased supply at the short end, helping to broaden, deepen and grow the overall impact bond market, something AIM is committed to facilitating.
— Stuart Kinnersley, Managing Partner

AIM has been running the Liquid Impact strategy for almost 3 years. Last July, AIM issued the landmark annual impact report for this strategy. This incorporated the Carbon Yield metric which AIM helped develop with key partners:  Lions Head Global Partners and South Pole Group (now ISS Ethix), and funded by The Rockefeller Foundation.

The Lombard Odier Global Climate Bond Fund, managed by AIM, was awarded ‘Green Bond Fund of the Year’ by Environmental Finance in March 2018. AIM has also recently announced a strategic Alliance Partnership with Colonial First State (CFS) and the launch of the Affirmative Global Bond Fund in Australia on the CFS platform.

 

Contact

Alya Kayal at Alya.kayal@affirmativeim.com

 

About Affirmative Investment Management

Affirmative Investment Management Partners Limited (AIM) is the first dedicated impact bond manager focusing solely on bond and cash investments that generate positive environmental and social externalities. It is an independent partnership established in 2014 with 19 investment professionals and is headquartered in London with representatives in Washington and Sydney.

AIM investments support the 17 UN Sustainable Development Goals (SDGs) and the Paris Agreement on climate change (UN COP 21) and their approach is a fusion of mainstream portfolio management and sustainability principles.

AIM will provide an Annual Impact Report on the US$ LIF’s impact from activities funded, such as water saved, and CO2 emissions avoided. This also allows AIM to ensure the bonds continue to meet the Fund’s sustainability and ESG criteria and align to UN SDGs.