INVESTMENT
2016 - Together with the IDB-MIF, we launched a call for proposals for the creation of an Impact Investment Fund for Argentina, Paraguay and Uruguay, and accompanied the development and implementation of the impact investment strategy for the fund until December 2019.
2020 - We accompanied the development of the first Sustainable Bond in Bolivia together with the UNDP and Banco de Desarrollo Productivo de Bolivia.
OUTCOME BASED CONTRACTS
2017/18 - Together with the Government of the City of Buenos Aires, Argentina, the IDB Lab, Social Finance UK and Fundación Alimentaris we developed, structured and coordinated the offer of the First Social Impact Bond of Argentina on employability of vulnerable young people, and acted as performance manager of the SIB until 2022.
2019 /20: We designed two payment by result schemes, one in conjunction with the UNDP on capacity building for school teachers for the Province of Salta, Argentina; and another in conjunction with Open Society Foundation to work on the issue of community sponsorship of displaced persons and refugees in Argentina.
In 2020, together with the Argentine Food Bank Network and Fundación Alimentaris, we developed a pay-per-result structure aimed at improving the nutritional quality of the food delivered and health of beneficiaries.
MARKET BUIILDING
2016 - We launched and still lead the Impact Investment Working Group for Argentina, Paraguay and Uruguay (www.inversiondeimpacto.net) and we represent Argentina in the Global Steering Group on Impact Investment.
2019 - Launched the Latin American Pay-by- Results Network with counterparts in Mexico, Brazil, Colombia, Chile and the UK.
2020 - We became an advisory member of the LATIMPACTO (Strategic Philanthropy), facilitating networks for the development of this initiative in the Southern Cone.
MARKET INTELLIGENCE
Over the last 6 years we have developed valuable material that points to the development of the impact investment market in Latin America. Among others, these are worth highlighting:
2017 - "Study on the opportunities and challenges for impact investment in Argentina".
2018 - "Building Impact Investment Wholesalers", in conjunction with the Global Steering Group on Impact Investment.
2019 - "Manual on the use of impact metrics and reporting for Sustainable Enterprises", together with the Argentine Ministry of the Environment.
2020 - "Study on opportunities and challenges of impact investment in Argentina, Uruguay, Paraguay and Chile" together with UNDP.
5 YEARS OLD AND GROWING RAPIDLY IN LATIN AMERICA
We are now 5 years old. Recently we launched our new strategy for the next decade focusing on the development of new opportunities and viable investment vehicles in line with Agenda 2030’s decade of Action. We are here to show that it is possible to invest, generate a financial return and a positive impact on society and the environment. We focus on:
1. Developing innovative financing vehicles, instruments and tools for impact investment.
2. Structuring, implementing and managing performance-based, pay-by-results contracts and funds for governments, private actors and multilaterals.
3. Supporting our clients in the development of their sustainable and impact investment strategies and their implementation.
4. Building the market for sustainable and impact investments in Latin America, through market intelligence and training/awareness raising workshops.
See the ReportWho we are
We have the experience developing the solutions, opportunities and vehicles through which investors can align capital with purpose, to catalyse lasting economic and social change.
We know that investment has the power to achieve the change we want to see happen in our lifetime, at the speed and scale needed.
We are driven by the conviction that building a thriving, inclusive, and sustainable economy represents a unique opportunity to shift course for Latin America
WE EXIST TO MAKE THIS HAPPEN
WE ARE ACRUX
Services
We focus on transforming Latin America´s biggest market challenges into unique opportunities, to generate impact at scale. We do this by working in partnership with experts in different areas: legal and tax, finance, gender lens investment, technology, education, environmental sustainability, SME investment and international cooperation.
INVESTMENT
We structure and develop innovative financing vehicles, instruments and tools for impact investment through feasibility studies, design and technical, financial and legal assistance for structuring and implementation, working in partnership with the public and private sector and the civil society.
We advise investors on the diversification of their sustainable and impact investment strategies and their implementation, including impact management, measurement and reporting in line with international standards and best practices.
We assist our clients in the development, structuring and management of:
- Sectoral and mixed impact investment funds (combining different types and sources of capital to cater to the sector or segment chosen for the fund).
- Green, Social and Sustainable Bond frameworks and Sustainability Linked Bonds, according to ICMA principles and SDG Impact Standards.
- Impact Investment Wholesalers.
- Sustainable and impact investment strategies notably for fund managers, institutional investors, and governments
OUTCOME BASED CONTRACTS
We work with governments, development finance institutions, private and institutional investors, social enterprises in the development of pay-by-results contracts (SIB, DIB and pay-for-success contracts), promoting more efficient management of public or private funds and the constant search for innovative solutions to complex social issues. Once launched, we manage their financial performance and impact.
We accompany the development of this financing tool conducting
- Feasibility studies
- Design of metrics and performance indicators
- Structuring of payment-by-results contracts and funds
- Advising governments on the structuring of the financing instruments and budget management
- Performance (impact) and financial management
- Evaluation and reporting of results achieved
MARKET INTELLIGENCE, TRAINING AND IMPACT MARKET BUILDING
We develop and build the market for sustainable and impact investments through:
Developing, participating and fostering networks, promoting best practices and generating knowledge:
We develop key market intelligence needed to grow the impact investment market in Latin America through market research and analysis.
We train key market players, including private and institutional investors, corporations, governments, service providers, academia and multilaterals, both public and in house.
Team
We have a multidisciplinary team with diverse expertise that includes specialists in finance, management, development and impact measurement.
Together we can provide multi-dimensional solutions to our clients and the projects we work on, from governments to private investors and companies, generating value in everything we do.
Acrux has a unique network of pro-bono advisors, experts in areas including: investment and finance, financial innovation, regulatory and legal frameworks, management, entrepreneurship, international development and impact investing, who motivate, challenge and support us to think "outside the box" and find innovative solutions to complex problems.
María Laura is the Director of Acrux Partners and Strategic Business Development Advisor for Pro Mujer International.
SEE MOREMARÍA LAURA TINELLI
Director & Co Founder
María José Castelli, works as Project Manager in Argentina. María José has many years of experience in the labour market both...
SEE MOREMARIA JOSÉ CASTELLI
Project Manager in Argentina/Uruguay
Federica has been working since 2020 as Manager of new projects in Uruguay, and is a recognized leader in team development and...
SEE MOREFEDERICA ABELLA
Project Manager in Uruguay
Flavia works as Impact Director, leading impact evaluation and measurement projects. She has more than 10 years of...
SEE MOREFLAVIA TINELLI
Impact Director
Juan Savino has been an Advisor to Acrux since 2015, and is in charge of Investor Relations for Lexington Partners in...
SEE MOREJUAN SAVINO
Advisor
Martine Delogne is an international consultant who specialises in sustainable and inclusive development and the development...
SEE MOREMARTINE DELOGNE
International Consultant
Constanza Connolly is co-founder of Keidos impacto legal, a consulting firm focused on generating, facilitating and/or scaling...
SEE MORECONSTANZA CONNOLLY
Counselor of Estudio Beccar Varela
Adolfo has been an advisor at Acrux since 2020. His area of expertise is project management, developed from a varied professional...
SEE MOREADOLFO DIAZ VALDEZ
Advisor
Damian Gerbasi served for 2 years as an Investment Associate for Acrux and is now a strategic ally of the organization. His work...
SEE MOREDAMIAN GERBASI
Advisor
Noelia has more than 15 years of experience in public and private organisations and as a consultant for international...
VER MASNoelia Pacharotti
Senior AnalystPublications
2016-2021 FIRST 5 YEARS
Acrux Partners was established in 2015 in the United Kingdom and in 2016 in Argentina, to connect capital and innovation in sustainable finance and impact investing between developed and developing markets, supporting investors, companies and actors to develop viable investment opportunities that seek a positive financial, environmental and social return in Latin America.
Vínculo de Impacto Social de la Ciudad Autónoma de Buenos Aires
El Vínculo de Impacto Social "Proyectá tu Futuro" llega al final de su implementación y se presentan a continuación los resultados obtenidos y los principales aprendizajes y recomendaciones a futuro.
Mapping of investments with a gender perspective in Chile
This work forms part of the work headed by UN Women under the programme “Win-Win: Gender equality means good business”, a strategic partnership between UN Women, the ILO and the European Union, aimed at
Mapping the situation of impactful investments with a gender perspective Uruguay
Agenda 2030 for Sustainable Development is a frame- work of action for the adoption and implementation of policies and practices to surmount the challenges of environmental, economic and social development,
Bonos de impacto social en América Latina
IDB Lab's pioneering work in the region. Lessons learned
The Impact Principle
Widening participation and deepening practice for impact investment at scale
Catalysing an Impact Investment Ecosystem
Working Group Report from The Global Steering Group for Impact Investment
Inversión de Impacto en Argentina
An opportunity for the country's sustainable development
Inversión de Impacto en Chile
Opportunities and challenges in a market with great potential
Inversión de Impacto en Paraguay
Opportunities and challenges of a market with enormous potential.
Building Impact Investment Wholesalers
Key Questions in Design of an Impact Investment Wholesaler. Working Group Report from The Global Steering Group for Impact Investment.
Inversión de Impacto en Argentina 2017
The following report is made as part of the work and actions of the Mesa Ejecutiva de Inversion de Impacto Argentina.
Manual de Métricas e Indicadores de Impacto
Why and how to measure the environmental and social impact of your business?
News
Inversiones que rinden si se logra que más jóvenes estudien y trabajen.
Entidades financieras, empresas y ONG desarrollaron, con el gobierno porteño, una prueba piloto de un bono cuyos retornos están atados a que se cumplan objetivos en el plano social; cómo es la estrategia y qué aprendizajes hubo
PARTNERSHIP ACRUX PARTNERS - PRO MUJER
Pro Mujer a mission-driven social enterprise focused on empowering women in Latin America, announced today that it is partnering with Acrux Partners, to jointly develop the next generation of Gender Lens Investment opportunities and vehicles in Latin America.
The "opportunity" for Uruguay in impact investment and the government's plans for it
A new UNDP report in Uruguay looks at what the country has achieved in recent years in terms of impact investment, as well as the challenges it faces.
Invertir buscando impacto: una solución de largo plazo para el progreso de argentina
Interview with María Laura Tinelli, where she explains the trends in impact investment in the region and the opportunities that Argentina presents.
Conocé la tendencia mundial de inversión que llega a Uruguay
Interview with Federica Abella, who explains the impact investment trend in the region and her role as New Projects Manager for Acrux Partners in Uruguay.
Invertir con una mirada 360, una solución de largo plazo
Si por un minuto nos corremos del ruido, y miramos hacia atrás (nuestra historia), hacia alrededor (que ocurre en el mundo, que experiencias podemos tomar para aprender), y hacia adelante: qué oportunidades
Inversión con impacto social y ambiental, bajo un nuevo impulso por la pandemia
Los capitales para proyectos con propósito llegan en el mundo a US$715.000 millones y crecen al 17% anual; qué planes hay frente al Covid-19, qué pasa en el país y cuál es el riesgo del "lavado de imagen"
Ronald Cohen: "Para dar ayuda social son necesarias inversiones, no donaciones
Sir Ronald Cohen entra en el salón del Sheraton de Retiro y las casi 500 personas presentes toman aliento e inmediatamente comienzan a aplaudir. Aunque en la Argentina su nombre es desconocido, este hombre de pelo blanco y 74 años es
Los inversores evalúan cada vez más el impacto social y ambiental de los proyectos
Para cumplir con los Objetivos de Desarrollo Sostenible (ODS), una serie de 17 ítems (eliminar la pobreza es el principal) planteados por la ONU de aquí a 2030, el rol de las finanzas es central.
Inversión de impacto: el retorno con el que ganan todos
Entre hoy y mañana se realiza la Cumbre Anual de Impacto GSG, una tendencia que crece en el mundo. El encuentro, que reúne a figuras de nivel internacional, es la primera vez que se realiza en América latina.
La nueva agenda es una vuelta a las bases
El pasado 26 de junio se alcanzaron los límites planetarios. Se debería haber dejado de emitir dióxido de carbono o empezar a hacerlo de forma diferente y, según el Banco Mundial, la Argentina deforesta al doble de velocidad que otros países del mundo:
Economía verde. Cuál es la agenda que se viene en el mundo y la Argentina
El pasado 26 de junio se alcanzaron los límites planetarios. Se debería haber dejado de emitir dióxido de carbono o empezar a hacerlo de forma diferente y, según el Banco Mundial, la Argentina deforesta al doble de velocidad que otros países del mundo:
Impact project/investment of the year - Education: Argentina's first social impact bond
An update on the SIB of the Government of the City of Buenos Aires.
Los bonos de impacto social llegan a la Argentina
Por medio de una innovadora herramienta financiera, inversores privados apostarán $ 40 millones para mejorar la inserción laboral de más de 1000 jóvenes vulnerables de la zona sur de CABA; ONGs expertas ejecutarán los programas y el gobierno de la Ciudad solo pagará por los resultados obtenidos.
- G20 DWG / GSG Engagement
At the G20 in Buenos Aires, the GSG hosted delegates of the Development Working Group (DWG) with representatives from 11 countries, the World Bank, OECD and UNDP. The group's efforts are focused on promoting inclusive economic growth, primarily through Inclusive Business. Acrux represented the Argentinean NAB.
Macri´s Argentina wants to muscle in on impact investing
Director of Acrux Partners interviewed by the Financial Times about the current opportunities for the Impact Investing market in Argentina.
SUSTAINABILITY: it's time for articulation
Working together between business, the public sector and civil society organisations is giving rise to a new way to synchronise agendas and meet sustainable development goals.
