Bamboo and Palladium team up for blended finance

Impact investment platform Bamboo Capital Partners and Palladium, a global impact advisory and management firm, have signed a long-term strategic partnership to mobilise $1 billion in impact capital by 2023 to contribute toward the UN’s Sustainable Development Goals (SDGs) by 2030. An initial investment by Palladium in Bamboo will provide Bamboo with additional growth capital to accelerate development of SDG500, a $500 million blended finance impact investment vehicle, and create new products in the future.

Bamboo will become the asset management arm of Palladium, expanding the company’s offerings. Palladium will be able to deploy more capital at a faster rate in a wider range of businesses. Palladium will also continue to drive the achievement of the SDGs with Palladium Impact Capital (formerly Enclude), its capital advisory business, which will operate independently from Bamboo.