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Legal & General Group PLC on Monday said it invested in the women-led investment advisory firm ImpactA Global Ltd for an undisclosed sum.
The London-based life insurance and financial services provider said the investment will support ImpactA Global in building its business and address infrastructure deficit in emerging markets.
ImpactA seeks to bridge funding gaps in infrastructure projects and unlock investment to drive the climate transition and reduce inequalities in emerging markets, Legal & General explained.
Chief Executive Laura Mason said: ‘We are delighted to become a significant minority shareholder in ImpactA, and look forward to working in partnership with the ambitious, impact-driven investment advisory firm. This new partnership forms part of Legal & General Capital‘