The Gutmann OeEB Impact Fund aims to improve the living conditions of people in developing and emerging countries, while generating attractive returns.
| Project name | Gutmann OeEB Impact Fund |
| Region | Supra-regional |
| Sector | Financial sector / Microfinance / SME |
| Service | Equity Participations |
| OeEB Project volume | EUR 3 million |
| Total volume | EUR 72 million |
| Fund domicile | Luxembourg |
| International climate finance according to UNFCCC | No |
| Additionality | Financial and value additionality |
| Project partner(s) | Bank Gutmann |
The financing gap to achieve the UN Sustainable Development Goals is estimated to be one trillion dollars a year – capital that cannot be raised by the public sector alone. Private investors who invest their money meaningfully and profitably at the same time are needed to bridge this gap.
The Gutmann OeEB Impact Fund is the first joint project between OeEB and a private bank and opens new possibilities for private investors. The overarching goal, in addition to the financial return, is the improvement of living conditions for people in developing and emerging countries.
The first closing of the Gutmann OeEB Impact Fund was completed in December 2019. The final closing of the Gutmann OeEB Impact Fund took place at the end of March 2022. A total of EUR 72 million was mobilised by 48 private and institutional investors. OeEB provided EUR 3 million and, acting as a Subadvisor to Bank Gutmann, is responsible for identifying and reviewing investment opportunities as well as for managing the investments made. A total of ten investments in impact-driven private equity funds with a focus on SMEs and financial inclusion in more than 20 countries have been successfully made over a period of five years since the end of 2019.
This project has enabled the bank to increase its visibility, strengthen the topic of impact investing in Austria and generate additional source of income for OeEB.