Sustainable private lending firm Colesco names responsible investment officer
Sustainable private lending firm Colesco has appointed Karin Pasha-Huizinga as responsible investment officer.
The firm, which is backed by Rabobank Group, said that Pasha-Huizinga will lead the development and implementation of the firm’s responsible investment framework.
“With her passion for sustainability and finance, she will be helping Colesco guide investor capital to facilitate the sustainable growth of mid-market companies,” Colesco said.
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Pasha-Huizinga has almost 20 years of experience in investment and advisory management, with a focus on financial risk management and sustainability.
Before joining Colesco, she was a partner at the Cardano Group, focused on sustainability and institutional investor servicing. She also oversaw the integration of sustainable investing specialist ACTIAM and gave strategic risk advice to Dutch pension funds.
“I have always had a passion for sustainability and a strong drive to work together with likeminded individuals and organisations, towards a more sustainable future,” said Pasha-Huizinga. “Colesco stood out to me as an innovative direct lender, at the forefront of sustainable debt investing. Joining a team dedicated to responsible investing enables me to tangibly support the sustainability performance of mid-market companies.”
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Danny Vroegop, co-founder and chief investment officer at Colesco added: “Positive societal impact is embedded in our DNA and ingrained in everything we do. Therefore, it was imperative for us to have a dedicated and experienced responsible investment officer to drive forward our ambitious ESG commitments. We are delighted Karin has joined the team to keep us at the forefront of market developments. Her extensive experience in this field will be invaluable and will help us to further shape and strengthen best practices across the industry.”
Colesco provides senior secured debt and subordinated debt to European mid-market companies with core earnings ranging between €10m (£8.65m) and €100m that are looking to fund their growth.
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It finances companies that it believes are well-placed for the transition to a more sustainable society.
Last month, Rabobank Group announced that it had become a cornerstone investor in Colesco, marking its move into the private credit market.