9 MARCH2025W MAN LEADERGLOBAL W MAN LEADERGLOBAL NEWS BITESIn a recent announcement, Heading for Change Trustees (HfC) has revealed about two significant additions to its portfolio i.e., KawiSafi Ventures Fund II and Catalyst Fund. Founded in 2023, HfC caters for the Non-profit Organizations industry with specialities in Finance, Philanthropy, Gender Smart, and Climate.The late Suzanne Biegel founded HfC trustees also mentioned that both the funds will focus on climate resilience and green growth within Africa. These investments are specifically a part of the broader strategy of the organisation including 5 new investments across Asia, Africa, and Latin America. All 5 investments are aimed towards climate solutions in emerging markets, having a focus on gender equity.In addition, the strategy of the organisation is to build a private market funds' global demonstration portfolio that spans various climate themes, regions, and opportunities for impact. Amongst all the investments, recent ones are the KawiSafi Ventures Fund II and Catalyst Fund.Moreover, Catalyst Fund is a women-led venture capital fund that is incubated by BFA Global. It focuses on startups that are in their early-stage across Africa, addressing climate risks and enhancing resilience while targeting sectors such as agritech, climate fintech, water management, and sustainable energy.Besides, KawiSafi Ventures Fund II is being managed by Acumen, representing an effort of USD 200 M that targets green energy transition as well as decarbonization efforts in Sub-Saharan Africa. It focuses on positively impacting 100 million lives while offsetting carbon emissions of 100 million tonnes via investments in clean energy and climate technologies. LT SUZANNE BIEGEL-FOUNDED 'HFC' TRUSTEES ANNOUNCES 2 NEW FUNDS
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