RM Funds, a specialist asset manager focusing on alternative investments, is to launch the new RM Impact Credit Fund (RM ICF).
RM ICF will provide crucial funding support to quality businesses across the UK that make tangible, positive contributions to ESG outcomes that are linked to specific SDGs. These funds will be offered through the provision of non-benchmark sized loans worth up to GBP15 million, focusing specifically on social infrastructure and environmental infrastructure themes.
RM ICF will initially target a fundraise of up to GBP200 millio.
James Robson, RM Funds Chief Investment Officer, says: “Despite being one of the world’s most advanced economies, the UK faces a range of pressing social and environmental challenges, not least arising out of growing social and economic inequality, meaning many people and parts of the UK are at risk of being ‘left behind’. There are many businesses across the UK which are still underserved by traditional lenders, with borrowing requirements that are too complex for traditional bank lending and too small for institutional direct lending. We are delighted to launch the RM Impact Credit Fund to fill this significant funding gap which we refer to as “the missing middle”; providing crucial funding to quality UK businesses, and deliver Triple Bottom Line stable returns for investors, with clear positive outcomes for people and the planet.
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