Other

KPN

Dutch multinational telecom and IT provider.
Business and organisational models that are sustainable

Brick

Buy-and-build in the German technical-building-services sector focused on energy renovation.
Food & water that are healthy, sustainable and affordable

Healtion

Italy’s largest developer and distributor of high-quality, healthy, organic, and free-from food products.
Private Equities - Directs

SOS Relazioni

Italian digital provider of relational development and personal growth programs.
Private Equities - Funds

Capital Dynamics CEE

Value-Add renewable infrastructure strategy by Capital Dynamics.
Impact

Copenhagen Infrastructure Partners

Fifth fund of the flagship value-add renewable infrastructure strategy by Copenhagen Infrastructure Partners.
Consumption and Production that is circular

Norsk Gjenvinning

Norway’s largest provider of waste management and environmental services.
Historical Assets

Hugo Boss AG

Fashion apparel brand.
Historical Assets

Forint

Professional clothing manufactoring company.
Listed equities

Schneider Electric SA

Electrical power products and solutions.
Listed equities

Intuitive Surgical Inc

Surgical systems and tools.
Sustainable

Air Liquide SA

Global industrial and healthcare gas provider.
Bonds

Iberdrola International

Global energy company.
Bonds

Enel SpA

Multinational power company.
Traditional

STYLE CAPITAL

Italian-based fund focusing on global companies in the Fashion & Lifestyle industry.
Private Equities - Funds

Trill Impact I

Swedish Impact investment fund focusing on small-mid buyouts.
Energy that is responsible and clean

QUINBROOK NET ZERO POWER FUND

US-based Infrastructure Fund focused on solar power generation and distribution facilities.
Education that grows responsible humans

ACHIEVE EDUCATION TECHNOLOGY I

First fund by US-based fund Achieve Partners, specialised in education with a small/mid-buyout strategy.
Multi-Theme

APOLLO IMPACT MISSION I

First Impact fund by the leading US-based PE player Apollo.
Responsible

PRAESIDIUM US MID-MARKET I

First Vintage by Praesidium, Italy-based fund of funds focusing on US mid-market funds.
Food & water that are healthy, sustainable and affordable

HERITAGE GROCERS GROUP

US-based retailer of ethnic food.
Impact

A WILDERNESS WAY

UK-based provider of children's therapeutic and residential care.
Sustainable

WHITE LAB

Italy-based testing, inspection, and certification firm.
Business and organisational models that are sustainable

E80

European leader in automated logistics solutions.
Private Equities - Directs

HIPPOCRATES

Northern-Italy based pharmacy group.
Education that grows responsible humans

MASTERY PREP

US-based provider of education services.
Healthcare that is preventive and healing

OVER GROUP

An elderly care company.

Portfolio Overview

49%
Listed equities
Some examples
25%
Private Equities - Directs
Some examples
16%
Private Equities - Funds
Some examples
6%
Bonds
Some examples
3%
Real Estate
Some examples
22%
Impact
Some examples
53,7%
Sustainable
Some examples
23,2%
Responsible
Some examples
1,1%
Traditional
Some examples
8,6%
Business and organisational models that are sustainable
Some examples
3,6%
Consumption and Production that is circular
Some examples
5,2%
Education that grows responsible humans
Some examples
16,9%
Energy that is responsible and clean
Some examples
6,2%
Food & water that are healthy, sustainable and affordable
Some examples
18,1%
Healthcare that is preventive and healing
Some examples
0,8%
Land & Ocean Regeneration
Some examples
5,5%
Multi-Theme
Some examples
9,8%
Historical Assets
Some examples
25,4%
Other
Some examples

Investment Portfolio Overview

49%

Listed equities

We invest in large-cap companies committed to sustainability.
Some examples

25%

Private Equities - Directs

We co-invest in small to mid-sized private buyouts with clear impact or sustainability outcomes.
Some examples

16%

Private Equities - Funds

We invest in funds with clear sustainability or impact outcomes.
Some examples

6%

Bonds

We invest in green or transition bonds.
Some examples

3%

Real Estate

In the past, we invested in real estate to enhance environmental and energy efficiency.
Some examples

Hover over each section of the chart to see its name and percentage

Hover over each section of the chart to see its name and percentage

22%

Impact

Contributes to solutions, actively seeking measurable positive social or environmental outcomes alongside financial returns.
Some examples

53,7%

Sustainable

Benefit stakeholders, integrating environmental, social, and governance (ESG) factors to enhance long-term value.
Some examples

23,2%

Responsible

Avoids harm by screening out harmful practices or industries (e.g., tobacco, weapons).
Some examples

1,1%

Traditional

Focused solely on financial returns, with no consideration for social or environmental impact.
Residue of the previous investment strategy, before the shift towards Impact.
Some examples

Hover over each section of the chart to see its name and percentage

8,6%

Business and organisational models that are sustainable

Promote businesses with organisational models that can create long-term environmental and social impacts. 
Some examples

3,6%

Consumption and Production that is circular

Promote consumption and production models that minimise waste and maximise resource reuse, recycling, and sustainability. 
Some examples

5,2%

Education that grows responsible humans

Ensure inclusive and equitable quality education to grow responsible humans. 
Some examples

16,9%

Energy that is responsible and clean

Promote production and access to affordable, sustainable and clean energy for all. 
Some examples

6,2%

Food & water that are healthy, sustainable and affordable

Ensure affordable access to clean drinking water, achieve food security, and guarantee sustainable and healthy nutrition. 
Some examples

18,1%

Healthcare that is preventive and healing

Ensure healthy lifestyles, preventive measures and modern, efficient healthcare for everyone.
Some examples

0,8%

Land & Ocean Regeneration

Safeguard, restore, and enhance the biodiversity of terrestrial and aquatic ecosystems and their habitats. 
Some examples

5,5%

Multi-Theme

Assets that address multiple thematic outcomes. 
Some examples

9,8%

Historical Assets

Assets which entered PFC portfolio before our shift towards Impact in 2019.
Some examples

25,4%

Other

Other thematic outcomes beyond our main impact strategy. 
Some examples

And what about Philanthropy?

At PFC, we see philanthropy and investments as complementary approaches to creating powerful, lasting impact.
Discover our Philanthropy

Legend

All the exits realized in the past years.

Investments made before 2019, when PFC shifted its investment strategy towards impact.

Grants in line with our main impact strategy, making up to 90% of our annual philanthropy budget.

Grants for topics beyond our main impact strategy, making up to 10% of our annual philanthropy budget.

Asset Classes
Thematic Outcomes
Spectrum of Capital
Exits
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Discover more
Giotto Group logo

Italian industrial group for municipal and industrial water treatment.

Giotto Group develops technologies and services that help municipalities and industries improve wastewater treatment, reduce pollutants discharged into the environment and enable water recovery and reuse. By supporting the modernisation, efficiency and ongoing maintenance of treatment facilities, the Group can contribute to better water quality and more sustainable management of water resources.‍

Discover more

Global non-profit organisation working to scale and improve the effectiveness of Impact Investing.

GIIN works to make impact investing more accessible, effective and widely adopted. By developing common standards, conducting research and connecting investors, it helps strengthen the impact investing ecosystem and improve how social and environmental outcomes are measured and managed. Its goal is to mobilise more capital towards solutions that benefit people and the planet.

Discover more

Cleaning and hygiene products for industrial customers.

Discover more

Italy’s largest developer and distributor of high-quality, healthy, organic, and free-from food products.

Purpose: Foster the adoption of healthy food products for everyone.

Discover more

US-based retailer of ethnic food.

Purpose: to propose a healthy, varied, and accessible food choice that aligns with Latin culture in the central states of the USA.

Discover more

Scottish private equity co-investment club.

Access to the Hermes GPE PEC III LP fund, the third private equity co-investment club reserved for institutional investors, through DECALIA Capital Co-Invest I. Vintage: 2017.

Discover more

Northern-Italy based pharmacy group.

Purpose: Institutionalize the pharmaceutical market by creating economies of scale and ensure survival of retail operations across the north Italian market.

Discover more

Leading U.S. producer of humic acid-based agricultural biostimulants.

Horizon is a scaled manufacturer, processor, and supplier of bio-stimulant and humic acid products that help farmers maximise crop yields per acre and improve soil health through sustainable biological solutions.

Discover more

Global energy company.

Iberdrola is known for its leadership in the global power, gas, and renewables markets, specializing in the generation, distribution, and management of clean energy resources

Discover more

Independent international commission advocating for fairer taxation of multinational corporations and high-net-worth individuals.

ICRICT works to reform international tax rules to reduce inequality and promote greater tax justice. Bringing together leading economists and policy experts, it develops research and policy proposals, engages with governments and international institutions, and contributes to public debate. Its goal is to create a fairer and more transparent global tax system, strengthening international cooperation and the resources available for public services.

Discover more

Research programme to enable effective impact valuation at scale.

The programme aims to integrate social and environmental effects into investment decisions by translating research into portfolio models, practical tools and investor training.

Discover more

Multi-faith initiative mobilising religious leaders and communities to protect tropical rainforests and Indigenous Peoples' rights.

The Interfaith Rainforest Initiative works to halt tropical deforestation by engaging religious leaders and faith communities as advocates for environmental protection. Through education, public campaigns and policy advocacy, it raises awareness, challenges harmful narratives and mobilises support for rainforest conservation and Indigenous Peoples' rights. Active in five major rainforest countries, it seeks to influence public attitudes and political decisions to drive lasting environmental change.

Discover more

Surgical systems and tools.

Discover more

Club deal focused on Italian companies both on private and listed markets.

Discover more

Italian design firm focused on furniture and craftsmanship.

Discover more

Marketing technology company.

Discover more

Multinational conglomerate building products and technology solutions.

Purpose: Johnson Controls International extends its commitment to green infrastructure, as it serves customers worldwide with innovative and sustainable solutions.

Discover more

Dutch multinational telecom and IT provider.

Discover more

Italian leader in the Integrated Smart Home Solutions market.

Purpose: Ksenia is a pioneer of environmental sustainability, paying particular attention to the choice of materials and voluntarily publishing a sustainability report yearly.

Discover more

First Impact Fund launched by KYIP Capital.

Purpose: the fund focuses on food and agriculture, healthcare, and related industries, including healthy and sustainable food, medical devices, and mental and physical well-being. Vintage: 2024.

Discover more

Operator in the cosmetic sector for the hospitality businesses.

Discover more

Development of electric engines for vehicles.

Purpose: Accelerate the adoption of hydrogen technology at mobility and infrastructure level.

Discover more

Private equity fund specialising in healthcare innovation.

Lauxera invests in healthtech companies with commercially validated products and services, including medical devices, clinical research technologies and digital health solutions. The Fund supports their growth and international expansion, including into the United States, while pursuing three measurable impact objectives (Triple Aim): improving patient outcomes, increasing productivity among healthcare providers and innovators, and reducing costs for healthcare systems.

Discover more

Dutch foundation supporting independent journalism, press freedom and a healthy information ecosystem across Europe.

Limelight Foundation works to strengthen independent journalism and protect the free flow of reliable information across Europe. Through long-term, flexible grants, it supports news organisations, investigative journalism networks and civil society groups working on press freedom, digital rights and technology accountability. By connecting funders, encouraging collaboration and supporting policy initiatives, it aims to build a more resilient and pluralistic information ecosystem that strengthens democratic participation.