Forbes Investments has won the South African Institutional Investor Impact award from the Southern African Venture Capital and Private Equity Association (SAVCA) in recognition of its commitment to ESG and/or impact investing in South Africa.
SAVCA is a non-profit industry association representing 170 members across Southern Africa, who collectively have more than R185bn in assets under management.
The awards acknowledge excellence, dedication and innovation within the industry through a self-nomination and peer voting process.
The award is evidence of Alexander Forbes Investments being an active investor, leading investment into sustainable and community-focused private market assets for over a decade.
Alexander Forbes Investments demonstrated its ESG focus by engaging with its partner providers to foster ESG practices and transparent disclosures on ESG reporting. Alexander Forbes Investments was an early funder of green, clean energy alternatives in South Africa, promoting the necessary transition from fossil fuel energy sources to more sustainable technologies. Furthermore, Alexander Forbes Investments continues to promote transformation and a more inclusive asset management industry through explicit investments into empowered asset managers with track records of performance across both traditional and private market asset categories.
“Alexander Forbes Investments believes that private market investments have a demonstrable ability to provide both commercially acceptable and socially measurable returns to clients. The SAVCA award reflects our continued efforts at leading in the field of ESG integration, ESG reporting and impact investing among institutional investors. Our innovative approach to private market investment through the Alexander Forbes Investments South African Private Markets Programme affords investors access to a blend of quality, cost-effective private market investments across infrastructure, private equity, unlisted credit and direct property that are structured in a way to provide orderly liquidity and access to a lowly correlated, low volatility return outcome with tangible social benefit to pension fund members,” concludes David Moore, head of alternatives at Alexander Forbes Investments.