#esginvesting

UBS clients raise $650m for biggest ever biotech impact fund

UBS clients raise $650m for biggest ever biotech impact fund

  • Impact investing - a term coined in 2007 - grew out of the desire to extend philanthropic goals into mainstream financial holdings
  • It will invest 80 percent of its capital into privately held start-ups, and the remainder into public companies, developing innovative treatments for serious illnesses
By Reuters ·