Addleshaw Goddard advises Impact Bridge on the closing of the fund IB Debt Impacto España
The law firm Addleshaw Goddard ("AG") has advised Impact Bridge Asset Management (Impact Bridge) in the closing of the IB Deuda Impacto España fund, its first private debt vehicle and the largest fund dedicated to impact investing in Spain. AG previously advised the manager on the structuring and launch of the fund, reaching investment commitments of €147 million.
The vehicle will utilise these resources to finance projects with social and environmental impact in areas such as rural development, labour inclusion, climate and environment, circular economy, sustainable agriculture, and gender equality. Its prominent investors include the European Investment Fund (EIF), Cofides’ Fondo de Impacto Social (FIS), MicroBank—a social bank wholly owned by CaixaBank—and Axis, the venture capital fund of ICO, having already invested in socially committed companies such as Moda Re, Ilunion, and TuTechô.
The Funds team that has advised Impact Bridge has been led by the Managing Partner of the Funds team, Isabel Rodríguez, with the collaboration of Senior Associate Gonzalo Lozano and Associate Lara Taylor.
Founded in 2018, Impact Bridge is a Spanish manager of collective investment schemes dedicated exclusively to quality impact investing. Previously, Addleshaw Goddard advised Impact Bridge on the structuring of IB Sustainable Agrifood Fund I Innvierte.