Impact Bridge Secures Spain's Largest Impact Debt Fund with Addleshaw Goddard's Guidance
Deal News | Jul 02, 2025 | Iberian Lawyer
Addleshaw Goddard has played a pivotal role in advising Impact Bridge Asset Management on the closing of IB Deuda Impacto España, the largest impact debt fund ever launched in Spain. The fund has secured €147 million in commitments and aims to finance projects focused on social and environmental impacts. Key focus areas include rural development, labor inclusion, climate action, circular economy, sustainable agriculture, and gender equality. Notable investors in the fund comprise the European Investment Fund, Cofides Social Impact Fund, MicroBank, and Axis. Impact Bridge, a firm dedicated to impact investing since its inception in 2018, has been advised by Addleshaw Goddard on previous ventures, including the IB Sustainable Agrifood Fund I Innvierte.
Sectors
- Impact Investing
- Legal Advisory
- Private Debt
Geography
- Spain – Impact Bridge Asset Management is a Spanish entity, and the fund is recognized as the largest impact debt fund launched in Spain.
- Europe – Involvement of the European Investment Fund highlights the broader European significance and interest in the fund.
Industry
- Impact Investing – The article discusses Impact Bridge, an investment manager focused on projects with social and environmental impacts, aligning with the principles of impact investing.
- Legal Advisory – Addleshaw Goddard provided legal advisory services for the structuring and closing of the fund, showcasing the law firm's role in facilitating the investment process.
- Private Debt – IB Deuda Impacto España is a private debt vehicle, focusing on funding initiatives with socio-environmental benefits.
Financials
- €147 million – The total commitments secured for the IB Deuda Impacto España fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Impact Bridge Asset Management | Target Company | Company | Spanish management firm focused on high-quality impact investing, founded in 2018. |
| Addleshaw Goddard | Legal Advisor | Company | Global law firm advising Impact Bridge on fund structuring and closing. |
| European Investment Fund (EIF) | Investor | Company | EU's specialist risk finance provider for small and medium enterprises. |
| Cofides Social Impact Fund (FIS) | Investor | Company | Spanish sovereign wealth fund focused on social impact. |
| MicroBank | Investor | Company | CaixaBank's fully-owned social bank. |
| Axis | Investor | Company | Venture capital arm of the Spanish state-owned ICO. |