Thanks to the support of EIF-EaSI, Inpulse Investment Manager is pleased to announce the launch of a unique initiative for the inclusive finance sector in Europe: Helenos.
Helenos is the first European private equity fund whose mission is to strengthen the capital of small and medium financial intermediaries targeting microentrepreneurs, MSMEs and social enterprises. This initiative is based on the evidence that inclusive finance does, in fact, provide people who are excluded from financial services with an opportunity to launch and develop micro and social enterprises, thereby creating opportunities for them to become the leaders of tomorrow.
Inpulse Investment Manager, an affiliate of Crédit Coopératif – a French leading cooperative bank – relies on more than 10 years' experience of financing microfinance in Europe, through its existing fund CoopEst. Helenos' first launch is now at 10m EUR; our target is to reach 25m EUR.
This innovative opportunity combines an outstanding social impact with an attractive financial return and an acceptable risk profile – particularly due to the EIF-EaSI first loss tranche.