Degroof Petercam on Wednesday said it has strengthened its partnership with Swiss-based impact investor Quadia by participating in a capital increase. Financial details were not disclosed.
Following the capital increase, Basel-based Hanaku AG becomes a new strategic shareholder next to Degroof Petercam. Hanaku is a net zero emission focused Swiss holding company specialised in energy transition through infrastructure and finance.
The capital increase enables Quadia to expand its investment team and strengthen its investor relations function as it considers the launch of the successor to the Regenero Impact Fund. Quadia was advised by Niels Schindler of Geneva-based DGE Attorneys at Law for this transaction.
Regenero Impact Fund
Degroof Petercam and Quadia jointly manage the Regenero Impact Fund, which provides growth capital to transformative SMEs offering solutions in the smart energy and responsible consumption sectors. The 52.6 million euro fund was launched in 2019 and is expected to be fully invested by the end of the year.
“Quadia has demonstrated its ability to access an exclusive deal flow of significant investment opportunities, key to succeed in Private Equity and the Impact Investment field,” said Joëlle Christmann, Chair of the Board of Hanaku. “Supporting Quadia in its future development testifies to Hanaku’s commitment to bring to bear its relevant expertise and support the further development of the impact investing sector.”
“We are delighted to deepen our partnership with Quadia,” said Hugo Lasat, chief executive officer at Degroof Petercam in a statement. “This renewed commitment underlines our commitment to offer our clients meaningful impact investment, in cooperation with a partner with a proven track record. This partnership reflects our vision of responsible investing, a key pillar in our strategy.”
Long-term commitment
“We are delighted to be able to count on Degroof Petercam’s long-term commitment and our shared vision to take Quadia to the next level,” Daniel von Moltke and Aymeric Jung, Managing Partners at Quadia. “Their significant and relevant expertise and broad network in Belgium bring great complementary value to our team.”
Founded in 2010 in Geneva, Quadia specialises in direct impact investments. In line with its mission to finance companies that contribute to the transition to a Regenerative Economy, Quadia focuses on SMEs that have positioned their strategic development on products and services that have a positive social or environmental impact, particularly in the areas of food, responsible consumption and renewable energy.
Since its inception, Quadia has invested over 270 million euro in companies, projects and impact investment funds across Europe. Based in Geneva, Quadia employs 12 professionals, with Jung and Von Moltke as managing partners. Von Moltke previously worked as investment manager at Triodos Investment Management.