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
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US-based Infrastructure Fund focused on solar power generation and distribution facilities.

Purpose: the focus of Quinbrook is decarbonization and transition to renewable energy sources production and distribution Vintage: 2022.

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German multinational energy company.

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Electrical power products and solutions.

Schneider Electric SE plays a pivotal role in driving digital transformation across industries with its innovative electrical solutions and technologies.

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International non-profit organisation protecting marine wildlife and ocean ecosystems to fight illegal fishing.

Sea Shepherd works to protect marine biodiversity by combating illegal fishing and strengthening the enforcement of environmental laws. It provides vessels, crews and technical expertise to support government authorities in monitoring fishing activities and intervening against illegal practices. Its work, particularly in West Africa, aims to reduce pressure on marine ecosystems, protect vulnerable species and safeguard the livelihoods of coastal communities that depend on sustainable fishing.

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Engineering and manufacturing conglomerate.

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Energy technology company, focusing on decarbonizing energy systems.

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UK-based education consulting firm.

Purpose: Facilitate international students' access to UK higher education system and ensure a critical business line to UK universities.

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Italian digital provider of relational development and personal growth programs.

Purpose: to give people an innovative, practical, and solution-based method based on scientific knowledge to encourage the development of healthy and fulfilling couple and interpersonal relationships.

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Aggregator of accounting firms.

Supporting companies beyond traditional accounting services by expanding consultancy to include sustainability and ESG issues.

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

Vintage: 2017.

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Engineered electronic components.

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Italian electricity grid operator.

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Non-profit organisation dedicated to creating a more democratic, unified, and fair society.

Purpose: to empower citizens and civil society to influence policy, making lobbying more transparent, fair, and inclusive.

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Association promoting social inclusion in Milan through culture and sport.

Tre Torri Nessuno Escluso engages teenagers in eastern Milan through sport, arts and neighbourhood activities to tackle social isolation and strengthen self-confidence and a sense of belonging.

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Swedish Impact investment fund focusing on small-mid buyouts.

Purpose: Trill thoroughly applies an Impact framework based on the IMP to assess, monitor, disclose and improve the Impact and Sustainability profile of its portfolio companies

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A Digital Transformation Guide.

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A co-living company.

Purpose: Tulou tackles the solitude pandemic by gathering people into buildings fit on purpose to build communities.

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Global collective connecting investors and practitioners to advance systems change investing.

TWIST works to transform how capital is invested by encouraging investors to address the root causes of social and environmental challenges. Through its international community, research partnerships and knowledge-sharing initiatives, it helps investors learn from practical experiences and develop approaches to systems change investing. Its goal is to shift investment mindsets and practices towards long-term, systemic transformation.

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The United Nations Refugee Agency - Mission in Jordan.

Purpose: to provide unconditional cash grants for Syrian refugees displaced in Jordan. This grant is allocated to the Philanthropy Discretionary Bucket, which represents 10% of our annual philanthropy budget and covers topics beyond our main impact strategy.

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International Medical University.

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U.S. publicly traded railroad holding company.

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U.S. technology and communications company.

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Italian vocational training provider specialising in technical and digital skills.

Volta Institute provides vocational training in technical and digital fields, combining practical learning with professional certifications and career support. It aims to improve employment and earning prospects for young adults and working learners, including educated workers whose skills are not reflected in their earnings. By bridging the gap between existing skills and employers’ needs, it seeks to open pathways to more skilled employment and lasting career progression.

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Investigative documentary on networks opposing women’s and LGBTQ+ rights in Europe.

Combining investigative journalism with a personal narrative, War on Women explores the rise of transnational networks opposing women’s and LGBTQ+ rights, their political and financial ties, and their connections to broader threats to democratic institutions.