Sustainable non-public lending agency Colesco has appointed Karin Pasha-Huizinga as accountable funding officer.
The agency, which is backed by Rabobank Group, mentioned that Pasha-Huizinga will lead the event and implementation of the agency’s accountable funding framework.
“Along with her ardour for sustainability and finance, she will likely be serving to Colesco information investor capital to facilitate the sustainable development of mid-market firms,” Colesco mentioned.
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Pasha-Huizinga has nearly 20 years of expertise in funding and advisory administration, with a give attention to monetary threat administration and sustainability.
Earlier than becoming a member of Colesco, she was a companion on the Cardano Group, targeted on sustainability and institutional investor servicing. She additionally oversaw the mixing of sustainable investing specialist ACTIAM and gave strategic threat recommendation to Dutch pension funds.
“I’ve at all times had a ardour for sustainability and a powerful drive to work along with likeminded people and organisations, in the direction of a extra sustainable future,” mentioned Pasha-Huizinga. “Colesco stood out to me as an progressive direct lender, on the forefront of sustainable debt investing. Becoming a member of a staff devoted to accountable investing permits me to tangibly assist the sustainability efficiency of mid-market firms.”
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Danny Vroegop, co-founder and chief funding officer at Colesco added: “Optimistic societal impression is embedded in our DNA and ingrained in every thing we do. Due to this fact, it was crucial for us to have a devoted and skilled accountable funding officer to drive ahead our bold ESG commitments. We’re delighted Karin has joined the staff to preserve us on the forefront of market developments. Her intensive expertise on this area will likely be invaluable and can assist us to additional form and strengthen greatest practices throughout the trade.”
Colesco offers senior secured debt and subordinated debt to European mid-market firms with core earnings ranging between €10m (£8.65m) and €100m that want to fund their development.
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It funds firms that it believes are well-placed for the transition to a extra sustainable society.
Final month, Rabobank Group introduced that it had grow to be a cornerstone investor in Colesco, marking its transfer into the non-public credit score market.