The legal firm Addleshaw Goddard has advised Impact Bridge Asset Management (Impact Bridge) on the launch of its new fund IB Sustainable Agrifood Fund I Innvierte, with a target size of up to 170 million euros.

This new vehicle arises from the need to develop sustainable practices in the agricultural and food sectors, identifying as objectives the social impact in Spain, the environment, and the competitiveness of companies (SMEs, midcaps, and small growing midcaps). Thus, it has been decided to establish short and long-term incentive plans with the senior management of each company and to link a part of the variable remuneration of the executives to the achievement of predetermined impact objectives.

The Funds team that advised Impact Bridge was led by the managing partner of the Funds team, Isabel Rodríguez, with the collaboration of associates Gonzalo Lozano and Nemesio Fernández.

Founded in 2018, Impact Bridge is a Spanish manager of collective investment institutions dedicated exclusively to quality impact investing. Previously, Addleshaw Goddard advised Impact Bridge on the structuring of IB Debt Impact Spain, the largest fund of its kind in Spain.