In April 2023, we launched the Lloyd’s Private Impact Fund (LPIF) which invests capital lodged with Lloyd’s by organisations that support the market’s underwriting. LPIF was the first of a series of funds that is available to Lloyd’s investors on the Lloyd’s Investment Platform Although we’re seeking to generate better returns for our investors, we also want to demonstrate a direct impact on things that we care about.
The LPIF is curated to be conscious of climate change mitigation, the UN sustainability development goals and identifying those businesses operating in the circular economy that stand a strong chance of thriving in the emerging new world order. These types of impact funds make investments with the intention of generating positive, measurable social and environmental impact alongside a financial return. These goals complement our objectives of increasing climate resilience and supporting economies as they transition to net zero.
In order to manage the fund, Lloyd’s has partnered with financial institution Schroders Solutions, which works with specialist fund managers BlueOrchard and Schroders Greencoat, who form a core part of its delivery.