M&G acquires leading impact investor, responsAbility Investments AG
News release – 27 January 2022
M&G plc (“M&G”), the international savings and investments business, today announces that it has agreed to acquire a majority stake in responsAbility Investments AG (“responsAbility”), a leader in impact investing focused on private debt and private equity across emerging markets.
Headquartered in Zurich, responsAbility has invested more than USD 11 billion in private assets across emerging markets since it was founded in 2003. A pioneer in the impact investing space, responsAbility has more recently focused on companies with business models tied to the UN’s Sustainable Development Goals. responsAbility currently has approximately USD 3.7 billion of assets under management (as at year end 2021).
The acquisition is in line with M&G’s strategy to grow its sustainable investment capabilities and become a leader in impact investing. It also expands M&G’s international presence and private asset origination capabilities.
John Foley, Chief Executive of M&G, comments: “This acquisition strengthens M&G’s position in the rapidly growing market for sustainable investments, especially in the exciting area of emerging markets. It also accelerates the growth of our private assets franchise and augments our European institutional distribution.”