Phenix Capital Group

If you haven’t already heard, InvestorIQ Service is your new digital sales analyst 🤖 We had a great time demoing it last week at Impact Summit Europe, receiving plenty of positive feedback. Fund Managers at the event were genuinely interested in how AI can support their workflows. We showed them how InvestorIQ surfaces leads that match their strategies. The accuracy actually surprised a few people 😲 Some enjoyed about how “smart” it felt, especially in the impact space, which tends to lean more traditional. 📈 Others were happy to discover investors they hadn’t seen before. ⚡ Most of all, people loved how fast and reliable it was — no more trawling through databases. Just high-quality, tailored leads at your fingertips. If you're curious, book your demo with the team here 👉https://hubs.li/Q03gk9m00

⭐We're estimating that €701 billion has been raised by impact funds since 2015—representing a 160% growth. There has been a 28% increase in total target size for impact funds in the past year, now at €377 billion. However, the average target size of impact funds has decreased by 11.8%, now at €345 million. 🌎 Our annual 'Impact Fund Universe Report: An impact investing market map for institutional investors' was released at #ImpactSummitEurope 2025 this week and is now available for download! 🌱The report also contains an industry interview with Gilde Healthcare. We spoke to Partner David de Graaf and Head of Responsible Investment Dr. Stephanie Mooij, about the next phase of building out the impactful Gilde Healthcare platform as they prepare to launch a new lower mid-market private equity fund focused on climate solutions. 💬Our CEO Dirk Meuleman talks about impact investing and its importance in an increasingly uncertain world and our new Investor IQ Service. “I believe it is a game changer for fund managers looking to raise capital for their impact fund. It helps to identify the most likely prospects for a specific fund, based on our unique proprietary datasets that cover more than 1,800 asset owners with active impact programmes,” says Mueleman. Download here ➡️ https://hubs.li/Q03fJPqF0

That's a wrap on #ImpactSummitEurope 2025! Here's how day two finished up: We heard from Phenix's Simon Van Veen, who interviewed Cathelijne Broers, (het Cultuurfonds) and Carlien Blok (Hortus Botanicus). They shared their impact loan fund example, with a focus on sustainability, culture and education. ____________________________________________________________________ Next we explored the nature finance funding gap. Suzanne Rosman (PYM) moderated this session and was joined by Anita de Horde (Finance for Biodiversity Foundation), Aaron Vermeulen (WWF International) and Gemma Roex (Phenix Capital Group) They explored why nature is a crucial pillar in addressing climate change, alongside renewable energy and sustainable food systems.  ____________________________________________________________________ Our last session of the day was an interactive discussion around 'survival of the fittest' Phenix's Prachi Modi joined Elizabeth Clark (University of Cambridge Institute for Sustainability Leadership) for this discussion which explored competitive sustainability—a bold new framework that challenges outdated corporate sustainability models and positions businesses to thrive in a rapidly changing economy. Elizabeth made the point that many businesses can’t future proof themselves in broken markets – markets must be redesigned. "We are competing now in an age of transformation". The audience also interacted with this topic, with one member sharing "in some ways it (competitiveness) makes me anxious. As long as it doesn’t lead to reduction in collaboration, then it’s ok". ____________________________________________________________________ We'll leave you with the last words from our COO Chantal Hermans-Polman during her closing address "Challenge the outdated assumptions. Close the gaps between intention and action. Lead with transparency. Partner boldly and step in where others have stepped back". Thank you to everyone who attended, our partners & sponsors, for an insightful two days of discussion. We look forward to welcoming you all back next year at Impact Summit Europe 2026!

The afternoon sessions at #ImpactSummitEurope have kicked off! Starting out with 'Catalysing impact: the foundational role of mission-driven capital in driving innovation for social change' Moderated by Peter Cafferkey (Impact Europe) experts explored how foundations and mission-driven capital serve as critical drivers of innovation and lasting social change. Speakers:  • Bahaa Eddine Sarroukh, Philips Foundation • Stefan Wilhelm, Bayer Foundation • Matthijs Blokhuis, Noaber  • Cheyenne Kooijman, Draper Richards Kaplan Foundation ____________________________________________________________________ We also had a round-table discussion around aligning family office and wealth manager priorities. Moderated by Kostis A. Tselenis (swiss impact office). They explored the discrepancies that arise between the investment preferences of families and the strategies that wealth managers ultimately implement. Speakers:  • Temple Fennell, Keller Family Office • Christian Polman, Manatu Family Office • Malene Bason, Curo Capital • Kateryna Filippi, Impact Ventures ____________________________________________________________________ Our final breakout session of the conference was 'The circular advantage: turning resource efficiency into financial gains' Expertly moderated by Maria Yakushenko (APG Asset Management), speakers delved into the role of institutional investors in advancing circular economy and why institutional investors should prioritise circular economy in their portfolios. Speakers: • Ratana Tra, CFA, Cambridge Associates • Jesse de Klerk, Stafford Capital Partners • Anthony Corrigan, CFA, Vontobel Asset Management • Sophie Kazmierczak, NEXT Generation Invest AG We'll be back soon to wrap up day two of Impact Summit Europe 2025!

Day two of Impact Summit Europe is off to a great start here in Amsterdam! Following Piet Klop's opening remarks, Phenix's Carol Tarr interviewed Jean-Baptiste de Franssu (The Vatican Bank). They discussed morality & the market, with Jean-Baptiste sharing an inside look at the Vatican Bank's mission to align faith and finance. "The roots of ESG are in the Christian scriptures," he said, drawing on similarities between the origins of ESG and the 10 commandments. ____________________________________________________________________ Next, our first investor panel of the day discussed 'A famine for PE, and feast for PC: scaling returns, exits, & innovations' Moderated by Elizabeth Clark (University of Cambridge Institute for Sustainability Leadership), who said we need to be creative about the opportunities we are seeking, to continue the momentum in the ESG space. Speakers on the panel included Erwin Houbrechts, MBA, CPE (PGB Pensioendiensten), Matt Christensen (Allianz Global Investors) and Dimple Sahni (Anthos Fund & Asset Management) ____________________________________________________________________ Before breaking for lunch two other interesting sessions took place. A faith consistent investment panel brought together fiduciaries from faith-consistent institutions who are entrusted with stewarding the financial resources of organisations serving millions of faithful. Moderated by Carol Tarr, our panelists explored the intersection of faith, fiduciary duty, and impact investing. Speakers: • Glenda Levin (Si3) • Jean-Baptiste de Franssu (the Vatican Bank) • Jesse Borst, CFA • Graham Singh (Relèven) • Can Atacik (Impact Now Capital) ____________________________________________________________________ The second was titled 'Navigating regulation, geopolitics, and data challenges: where is the competitive advantage?' Moderated by Matteo Millone, Ph.D. (APG Asset Management) the panel navigated the regulatory landscape, geopolitical influence, and the role of AI and Big Data in future-proofing investment strategies. Speakers: • Floris Lyppens (ABN AMRO Corporate Investments) • Eszter Vitorino Fuleky (Van Lanschot Kempen) • Jens Skancke Presthus, CAIA (KLP asset management AS) • Pauline Casabianca (Manaos) More updates to come throughout the day! #ImpactSummitEurope

The results are in from THE BIG IMPACT DEBATE! First up was Laure Wessemius-Chibrac (Netherlands Advisory Board on Impact Investing) vs. Hans Stegeman (Triodos Bank) who debated whether or not investors should step in where governments fall short. "Until the government is set up all we can do is triage, and triage is not transformation,"' argued Hans. However it was Laure who successfully won the debate, who shared her perspective that it's their duty to step in and a proactive stance is already being taken. "It's not just about doing things right, it's about doing the right things". ____________________________________________________________________ Next up was Robert A Schultz (Capricorn Investment Group) vs. Cecilia Pessanha (COFRA) who debated whether or not the source of capital is equally as important as the use of capital. "let's look forward, not backwards," argued Robert, who said all money was bad at one time and what matters now is what good the new generation are repurposing it for. However Cecilia commanded the support of the room with her stance "some people like to eat really well and sleep really well. I like to sleep really well". Thank you to Piet Klop for taking the lead and moderating the heated debates! That's it for day one of #ImpactSummitEurope - thank you to everyone who joined today. We'll be back tomorrow with more updates! (DISCLAIMER: These are not personal opinions, participants were tasked with arguing 'for' or 'against')

As we near the end of day one of #ImpactSummitEurope 2025, we'd like to thank everyone who took part in and attended these three afternoon sessions! First, a panel discussed the accelerating the energy transition and financing trends in high-income economies. Merei Wagenaar (UN Global Compact Network Netherlands) moderated the interesting discussion where speakers explored the financial strategies and trends shaping energy investments in high-income regions such as Europe and North America. Speakers:  • Carolina Echecopar, Carbon Equity • Greg Wasserman, Wellington Management • Remco van Montfoort, Invest-NL • Alexander Ruesch, Luxcara ____________________________________________________________________ While this was taking place, a panel in another breakout room tackled the challenges when navigating the LP-GP-Portfolio value chain. Phenix's Chiara Borneman moderated this session, which focused on how capital flows from investors to fund managers and, ultimately, to the companies that drive innovation and growth. Speakers:  • Karin Bouwmeester, PGGM • Willem Visser, T. Rowe Price • Danielle Walsh (Howard) Goldman Sachs Asset Management • Philip Ehrhorn, The Great Bubble Barrier® ____________________________________________________________________ The final panel discussion of the day was 'de-risking emerging market investments through patient capital' Moderated expertly by Liam Kennedy, speakers challenged conventional wisdom, highlighting how outdated assumptions can inflate perceived risks and create missed opportunities. Speakers:  • Matt Robinson, British International Investment • Kristen Petillon, PeaceNexus Foundation • Kanini Mutooni, Draper Richards Kaplan Foundation • Christian Kleboth, EBRD Up next is THE BIG IMPACT DEBATE! Our final and highly anticipated session of the day.

The afternoon sessions are underway at #ImpactSummitEurope 2025 Starting off with a practical session 'Impact or optics: diving into where fund managers win (or just dazzle)', Phenix's Mohit Saini moderated a panel of expert asset owners and fund managers including: • Matt Ripley, Impact Frontiers • Hermina Popa, CFA Better Society Capital • Guillaume Chapuis, Lombard Odier Investment Managers • Krispijn Bertoen, MN • Frédéric Nada, Arcmont Asset Management They explored the duality of impactful performance and persuasive storytelling and discussed the key role of impact labelling and verification in impact investing. ____________________________________________________________________ We had some success stories shared on scaling blended finance. Our experts shared insights on how can we create efficient structures that are impactful, expertly moderated by Birgitte Frost Mathiesen (Invest for Impact Denmark). Speakers included :  • Dolores de Rooij, CFA, Invest-NL • Timothée Jaulin, NH-Amundi Asset Management • Joan M. Larrea, Convergence Blended Finance • Ashish Kumar, Pensions for Purpose • Lev Plaves, Kiva ____________________________________________________________________ An active workshop on the role of investors & managers in climate disclosure also took place. Moderated by Mike Welten, CFA (PGGM) the workshop also focused on practical approaches in understanding of when and how institutional investors use engagement or divestment strategies to create real impact. Speakers:  • Marta Jankovic, Stafford Capital Partners • Jonathan Bailey, Neuberger Berman Asset Management LLC • Paula Luff, DSC Meridian Capital • Nicolas Bearelle, Revive ____________________________________________________________________ Another panel sat down to discuss 'Powering the future: the intersection of renewable energy, real estate, and infrastructure' Moderatorated by Simona Benvenuti (NAB), they explored the different ways in which advancements in clean energy, grid modernization, and net-zero strategies are transforming the way we power homes, neighbourhoods, and cities. Speakers: • Sebastian Carneiro, CFA, Solas Capital AG • Olivia Drew, UBS • Giulia Rapisarda, CBRE Investment Management • Hermina Popa, CFA, Better Society Capital We'll be back with more soon!

💡More insights live from #ImpactSummitEurope 2025! 🎙️Evalinde Eelens, MBA, MSc, FRM, CAIA moderated our exclusive executive panel on re-defining risk adjusted return: balancing ethical, ecological, and economic factors. Panelists included: Olaf van den Heuvel (Achmea Investment Management), Guido Boysen (Blink C.V.), Julia Balandina Jaquier (Tara Family Office) and Arjen Pasma, CFA (PGGM). 💬One important questions asked was "'how much financial return are you willing to sacrifice for impact?" "We lower our return expectations in order to make sure we are making a deeper impact," said Julia. "'It always starts with 'what is the impact?'" said Olaf. "It's good to have a top down view of what impact you want to have." __________________________________________ ⭐Next, our Head of Research Niki Natarajan interviewed Trill Impact's Jan Ståhlberg on EU Competitiveness: advancing impact investing for growth. Jan shared some insights from his recent travels overseas, noting his surprise that no one from Europe was actively voicing their criticisms of Trump. He also emphasized the importance of AI and how it is at the forefront of conversations internationally. "I think we need to step up on the tech side if we are going to keep up with the US - they invest way more than what we do in Europe," said Jan. __________________________________________ The first half of day one ended with an keynote address from Peter Arnold (LPB AM) titled 'The fourth industrial revolution: technologies that will influence how we invest' Peter noted that while there is already a plethora of investment initiatives ongoing across the globe that are impactful, "the issue is scale". "there is a plethora of inititiaves of investments going across the globe that are impactful." "the issue is scale" He pointed out four key investment areas we should be putting more efforts into scaling: 🤖AI ⚡Renewable energy 🌱Nature-based solutions 👣Carbon removal technologies More to come!

🌎Impact Summit Europe is underway here in Amsterdam!🌎 Day one began with an Impact Investing Academy on rethinking blended capital structures. Participants explored private capital and how to engage in a blended finance model, particularly in times of crisis. Carol Tarr co-hosted with Impact Europe's Alessia Gianoncelli. Eleni Theodorou Admiraal (We Share Forward Foundation) and Kaylyn F. (EBRD) also shared their insights. __________________________________________ Following a spectacular opening ceremony performance, our CEO Dirk Meuleman shared his opening remarks, and announced the launch of our annual Impact Fund Universe Report. 📈 "This speaks to the growth of impact investing, with €701 billion raised by the impact funds since 2015. And with an average target fund size of 345 million euros we can say that there are plenty of investment opportunities available, across most asset classes and themes for investors big and small," he said. __________________________________________ 🎙️Our first keynote speech of the day was delivered by Russell Shorto on Dutch ingenuity. He shared Amsterdam's ability to adapt both physically and economically over the years. Thank you Russell for your insight into these historical lessons learned, and how they remain relevant more than ever as we navigate an era of climate change and uncertainty. We'll keep sharing more #ImpactSummitEurope updates over the next few days - stay tuned! 👀