J&A advised Impact Partners on the first closing of its Impact Growth V fund, dedicated to European social investment, which has already raised over €160M towards a €400M target.
Joffe & Associés advised Impact Partners on the fundraising of its fund, Impact Growth V, dedicated to European social investment. The fund, targeting €400 million, has already secured over €160 million at its first closing.
Managed by Impact Partners, Impact Growth V invests in profitable European companies with a proven social impact, particularly in healthcare access, training, and the circular economy. It has already completed two international investments: Tekman in Spain and Carelink in Denmark.
Distinguished by its originality and clear ambitions, the fund is structured as a Société de Libre Partenariat (SLP) and classified as an Article 9 fund under the SFDR regulation. With a target IRR of 15–19%, Impact Growth V embodies a new generation of funds that reconcile performance and impact, firmly anchored in Europe’s major social challenges.
Joffe & Associés, through its Fund Structuring / Asset Management Department led by partner Olivier Dumas, advised Impact Partners on the legal, regulatory, and tax aspects of fund structuring and its marketing in France and abroad.