The SocialAlpha Fund aims at improving the lives of those at the base of the pyramid in the Global South, particularly in Latin America and Sub-Saharan Africa. The Fund is predicated on a multidimensional definition of poverty, which states that in addition to lack of direct income, poverty is also caused by lack of access to various services and opportunities.
The Fund therefore takes a multi-sectoral approach and invests in impact ventures that address various aspects of sustainable development, including:
- Financial Inclusion,
- Sustainable Agriculture,
- Renewable Energy and Energy Access,
- Employment and Economic Development,
- Access to Education, and
- Affordable Green Housing.
The Fund also particularly emphasizes the promotion of women’s economic and social opportunities, both within the investee companies and through the products and services that they offer.
SDGs and targets
Through the above objectives, the SocialAlpha Fund contributes to the achievement of the following Sustainable Development Goals (SDGs) and targets:
Target 1.2 Reduce poverty in all its dimensions
Target 1.4 Equal access to economic resources and basic services
Target 2.3 Enhance incomes of small-scale producers
Target 2.4 Ensure sustainable food production
Target 4.3 Equal access to affordable and quality education
Target 5.1 End all discrimination against women
Target 5.5 Ensure women’s full participation and equal opportunities for leadership
Target 7.1 Access to affordable, modern energy
Target 7.2 Increase share of renewable energy
Target 7.3 Improved energy efficiency
Target 8.3 Support job creation, entrepreneurship and SMEs
Target 8.4 Decouple economic growth from environmental degradation
Target 8.5 Achieve full employment and decent work for all
Target 9.3 Access of small-scale enterprises to financial services, value chains and markets
Target 11.1 Access to affordable housing and services
Target 11.6 Reduce environmental impact of cities
Click here to find the SocialAlpha Fund’s sustainability-related disclosures made in compliance with EU Regulation 2019/2088 (SFDR).
More on the impact of AlphaMundi Group – the SocialAlpha Fund’s appointed investment advisor – can be found here