We are proud and delighted to present you with the PG Impact Investments’ Annual Impact Report 2019.
2019 was an eventful year for us as we grew our portfolio by over 75%, set up our Latin America coverage team, opened our Asian office in Singapore and launched an Impact & Value Creation function. With the continuous support of our investors, we have now established a platform managing several vehicles in addition to our inaugural fund, PG Impact Investments I L.P.
Through the past year, we have maintained a focus on deployment to extend the breadth and depth of our impact. As of the end of 2019, with 33 investments and total committed capital of USD 196.2 million (cumulative) across PGII’s entire investment platform, we contributed to the improvement of the lives of 3.8 million underserved people. In aggregate, our investees touched over 80 million lives across 27 countries – 39% higher than in 2018 due to the addition of new investments throughout the year and the growth of the existing portfolio.
In the following pages, you will find an overview of our impact investment approach, including our alignment to the newly launched IFC Operating Principles for Impact Management – an emerging standard in the field of impact investing that we believe will foster more transparency and accountability.
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 are 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