24 Oct 2024
IAIM partners with Holtara to further embed sustainable lending best practice
Investec Bank plc (Investec) today announced that its Alternative Investment Management business (IAIM) has entered a strategic partnership with award-winning sustainability services provider Holtara, part of the Apex Group. The partnership will seek to accelerate Investec’s sustainability progress, with a particular focus on enhancing data capture and evaluation.
Investec Alternative Investment Management (IAIM), the asset management business of Investec, leverages the origination and proprietary deal flow capabilities of Investec’s lending franchises to deliver private market investment solutions for investors. The partnership is initially focused on the corporate direct lending activities on this platform.
Investec’s direct lending strategy provides institutional investors and family offices with access to high-growth, lower mid-market corporate lending opportunities. The platform manages more than €3bn of assets across private market credit strategies, supported by an experienced team which has delivered consistent growth and market-leading returns since 2010.
The partnership with Holtara aims to deliver positive outcomes for IAIM investors, borrowers and private equity sponsors through enhanced data analysis and sustainability-linked financing options. It will seek to accelerate Investec’s progress on sustainable lending and investing and is an important component to align Investec’s portfolio with net zero by 2050, by incorporating new data and insights within its direct lending activities.
Clients rightly demand sustainable investment solutions, and we must continually enhance our understanding of the opportunities and risks inherent in our portfolios through a strong understanding of the data.
The partnership is a natural next step in Investec’s commitment to creating enduring worth and long-term value for all stakeholders. Alicia Forry, who leads ESG for alternative investments, will work closely with Holtara to maximise value from the partnership. Alicia was appointed earlier this year to further embed responsible investing frameworks and processes across private market credit strategies.
Callum Bell, Director at IAIM and Head of Direct Lending, said: “Clients rightly demand sustainable investment solutions, and we must continually enhance our understanding of the opportunities and risks inherent in our portfolios, through a strong understanding of the data. We believe partnering with Holtara, a leading market private market specialist, provides us a competitive edge as we leverage their expertise in an area that is continuously expanding and evolving. We look forward to working with them.”
Andrew Pitts-Tucker, Managing Director of Holtara, said: “Holtara is looking forward to working with Investec and expanding its reach across the financial sector. Our mission is to impact business today for a better, more sustainable tomorrow. Working with Investec will significantly enhance our ability to drive positive change for people and the planet.”