East Capital has acquired a 10-percent stake in impact investor Alquity, establishing a working partnership which will channel billions of dollars toward impact projects, the Swedish asset manager announces in a press statement. The press statement perhaps lavishly describes Alquity as an impact investing pioneer
"We are proud that Alquity, which is renowned for its high quality ESG and impact work, has chosen to partner with East Capital Group. Our operational excellence, our ESG efforts and especially our achievements in emerging and frontier markets provide an excellent platform for cooperation with Alquity," Albin Rosengren, managing partner of East Capital Group, comments.
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