Adjusted summary: Phenix ventures into a fresh line of business, focusing on financial advice and investment.
PCG Impact and Northern Horizon Invest in Sustainable Care Homes
In a significant move towards impact investing, Phenix Capital Group's new advisory business, PCG Impact, has launched with a mission to empower investors to integrate mission-aligned impact investment strategies. One of their recent ventures involves a new care home in the Finnish city of Espoo, which has been acquired by the Aged Care Social Infrastructure Fund [1].
Operating as a standalone entity, PCG Impact will serve as a dedicated point of contact for advisory services, deepening its expertise in impact investments and preparing for future asset management activities. The team has advised on over €1 billion in assets distributed across various asset classes, impact themes, and aligned with the UN Sustainable Development Goals [1].
The new care home in Espoo is expected to be completed in 2026 and will be highly rated for energy efficiency. It will include solar panels and geothermal heating, aiming to achieve net zero carbon operations. Of the 57 modern care beds, 31 will be intensive care beds, while 26 will be communal living units [1].
Meanwhile, Northern Horizon, a leading investor in care and senior housing assets, has made more than 160 investments since 2007. In Finland, they have recently bought two existing care facilities and are planning additional investments that align with their current portfolio and meet high sustainability requirements, including net zero carbon operations by 2030 [2].
In other news, Spain's ImpactBridge has closed its IB Deuda Impacto España fund, obtaining over €147m in commitments. This fund is the largest impact-focused fund in Spain [3].
Elsewhere, GIST Impact is collaborating with the UK's Natural History Museum to integrate a biodiversity index developed by the museum into its nature and biodiversity solutions [4]. The Biodiversity Intactness Index (BII) analyses how biodiversity in terrestrial ecosystems is affected by human activities and is widely recognised as the most scientifically robust measure of ecosystem health [4].
As PCG Impact continues to grow, Phenix Capital Group plans strategic hires to further strengthen its team and meet the growth ambitions of PCG Impact [1]. With a focus on impact investment advisory services, PCG Impact is poised to support investors in delivering measurable social and environmental outcomes alongside financial performance.
References: [1] PCG Impact website [2] Northern Horizon press release [3] ImpactBridge press release [4] GIST Impact press release
- The energy transition in healthcare infrastructure is being propelled by PCG Impact's investment in a sustainable care home in Espoo, Finland, aiming for net zero carbon operations.
- As the UN Sustainable Development Goals align with PCG Impact's diverse impact investment strategies, the team has advised on over €1 billion in assets across various sectors.
- Affordable housing and environmental sustainability are at the forefront of Northern Horizon's investment strategy, with plans to make additional investments in Finland that meet high sustainability requirements.
- Science plays a significant role in GIST Impact's collaborative approach, as they integrate the widely recognized Biodiversity Intactness Index into their nature and biodiversity solutions, working hand-in-hand with the UK's Natural History Museum.
- To achieve its growth ambitions, PCG Impact is actively seeking strategic hires in impact investment advisory services, aiming to deliver both financial performance and measurable social and environmental impact to its investors.
