LT Suzanne Biegel-founded 'HfC' Trustees announces 2 New Funds

• Heading for Change Trustees announce 2 New Funds
• KawiSafi Ventures Fund II and Catalyst Fund are 2 of them

In 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 in 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 the 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 around 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 on their early-stage across Africa, addressing climate risks and enhance resilience while targeting sectors such as agritech, climate fintech, water management, and sustainable energy.

Besides, KawiSafi Ventures Fund II is being manages by Acumen, representing am effort of USD 200 M that targets green energy transition as well as decarbonization efforts of Sub-Saharan Africa. It focuses on positively impact 100 million lives while offsetting carbon emissions’ 100 million tonnes via investments in clean energy and climate technologies.