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

Probios

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

Go Vertical

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

Capital Dinamics ECE

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

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

54%
Listed equities
Some examples
17%
Private Equities - Directs
Some examples
15%
Private Equities - Funds
Some examples
11%
Bonds
Some examples
3%
Real Estate
Some examples
7,5%
Impact
Some examples
67%
Sustainable
Some examples
24,7%
Responsible
Some examples
0,8%
Traditional
Some examples
4,7%
Business and organisational models that are sustainable
Some examples
2,8%
Consumption and Production that is circular
Some examples
2,6%
Education that grows responsible humans
Some examples
15,3%
Energy that is responsible and clean
Some examples
5,7%
Food & water that are healthy, sustainable and affordable
Some examples
10,4%
Healthcare that is preventive and healing
Some examples
0,03%
Land & Ocean Regeneration
Some examples
2%
Multi-Theme
Some examples
31,9%
Historical Assets
Some examples
24,7%
Other
Some examples

Portfolio Overview

54%

Listed equities

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

17%

Private Equities - Directs

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

3%

Real Estate

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

11%

Bonds

We invest in green or transition bonds.
Some examples

15%

Private Equities - Funds

We invest in funds with clear sustainability or impact outcomes.
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

7,5%

Impact

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

67%

Sustainable

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

24,7%

Responsible

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

0,8%

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

2,8%

Consumption and Production that is circular

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

4,7%

Business and organisational models that are sustainable

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

5,7%

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

0,03%

Land & Ocean Regeneration

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

31,9%

Historical Assets

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

2%

Multi-Theme

Assets that address multiple thematic outcomes. 
Some examples

24,7%

Other

Other thematic outcomes beyond our main impact strategy. 
Some examples

10,4%

Healthcare that is preventive and healing

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

15,3%

Energy that is responsible and clean

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

2,6%

Education that grows responsible humans

Ensure inclusive and equitable quality education to grow responsible humans. 
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 entire 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 cybersecurity provider

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Italian design firm focused on furniture and craftsmanship

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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

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Advisory firm specialised in Impact Investing and innovative financing for development

Purpose: to mobilise private sector finances to support enterprises and initiatives that contribute to a world that is both sustainable and equitable. 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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Surgical systems and tools

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Marketing technology company

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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.

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Dutch multinational telecom and IT provider

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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.

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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.

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Operator in the cosmetic sector for the hospitality businesses

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Development of electric engines for vehicles

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

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Pharmaceutical and biotech solutions

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Largest Italian retailer of pet products and services

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Non-profit promoting an informed dialogue on the therapeutic use of psychedelic substances

Purpose: to develop medical, legal, and cultural frameworks to enable people to benefit from the prudent use of psychedelics through evidence-based approaches. 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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US-based provider of education services

Purpose: Help underserved students succeed in testing, allowing them to apply for scholarships and access university-level education in the US.

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A modern hospital serving rural areas of Tanzania.

Purpose: to increase access to quality health care for rural communities in Tanzania. 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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Non-profit offering free psychological support to women facing domestic violence and mental health challenges

Purpose: to provide safe, anonymous, and accessible psychological support—especially to women and adolescents affected by gender-based violence—through innovative digital tools. 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 human rights organisation providing legal help to journalists.

Purpose: To provide legal defence to journalists, citizen journalists and independent media around the world who are under threat for their reporting.

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Global coalition of real economy leaders creating pressure on governments to stick with the climate commitments

Purpose: to encourage governments to enhance their upcoming national climate plans to align with the Paris Agreement’s goal of keeping global warming to 1.5°C. This is a crucial opportunity to ensure the long-term success of our economies, society, and the environment.

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First Impact Fund launched by Miura, Spain’s second-largest Private Equity Asset Manager

Purpose: Miura invests in three themes: promoting healthy living, fostering thriving communities, and protecting the planet through sustainable solutions. Vintage: 2023.

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International financial services company

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First Italian pure nutra-ceuticals CDMO

Purpose: Manufacture and develop innovative products in nutraceuticals, food supplements, medical devices, probiotics and cosmetics, enabling preventative health and wellness solutions.

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Norway’s largest provider of waste management and environmental services

Purpose: Support the agglomeration of local waste management firms in the Nordics.