We are pleased to present you with PG Impact Investments’ Annual Impact Report 2018.

2018 has been a remarkable year for us: following strong client demand for our inaugural fund, PG Impact Investments I, L.P., we completed its final close with commitments totalling USD 210 million, significantly exceeding our initial target of USD 150 million. We are pleased to see the growing interest from private and institutional investors in impact investing, especially in emerging markets where innovative and inclusion-driven entrepreneurial solutions can make a real and lasting positive change in people’s lives and their communities. We hope that with our institutional approach to impact investing, we will be a catalyst for unlocking additional capital needed to further our mission to improve the lives of people who live at the base of the pyramid or are underserved.

We continued to maintain a good investment pace having executed seven new transactions – with newly committed capital of USD 37.6 million, we have extended our impact footprint to new geographies. By the end of the year, with 20 investments and total committed capital of USD 98.8 million, we directly contributed to the improvement of the lives of 2.2 million underserved people. In total, our portfolio companies and assets improved more than 57.7 million lives across 25 countries – significantly higher than in 2017 due to both the growth of existing investments and the new transactions through the year.

In the following pages, you will find an overview of our impact investment approach and a detailed report on the impact created by our investments to date.

We want to take this opportunity to thank all of our investors, business partners and supporters for their trust and valuable contribution. We are very glad that you share our belief that private investment, innovation and entrepreneurial talent can provide solutions to the pressing social and environmental challenges facing our society – jointly we have been able to make a real difference in people’s lives. We continue to be excited about the opportunities ahead of us and are grateful for your continued support.

 

Urs Wietlisbach                                      Urs Baumann
Co –Founder & Chairman                  Co –Founder & CEO
PG Impact Investments AG               PG Impact Investments AG

PGII 2018 Annual Impact Report