M&G and Allianz GI to boost impact investing with new units
London-based M&G has acquired responsAbility and a headcount of 200 while Allianz GI has created a private markets impact unit.
More asset managers - Allianz Global Investors (AllianzGI) and M&G Investments now among them - are strenthening their positions in private markets with a focus on impact investing.
On January 28, London-based investment manager M&G (“M&G”) agreed to acquire a majoritiy stake in responsAbility Investments AG (responsAbility) for an undisclosed sum. ResponsAbility is a leader in impact investing focused on private debt and private equity across emerging markets.
“Fol…
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