Ethicalfin

Track Record

Over

clients assisted

Over

assignments

Over

investors

Over

years of combined experience

Over

milion € of capital raised

Corporate Finance

Naked Energy

November 2019

Business plan, strategy development and sell side financial advisor for a £5.25m fundraise

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Area:      Corporate Finance
Type:      Strategic advisory, fund raising, business development
Date:      Jun 18
Sector:   Clean Tech / Solar thermal
Size:       £1.1m

Deal: Financial advisor

  • Strategy and business plan review and fine tuning
  • Review of the Virtu economics and key strengths
  • Competitor analysis
  • Analysis of core target markets and report
  • Support in defining the go to market strategy
  • Company valuation report
  • Revision of the marketing material
  • Capital raising with impact investors including Pommes D’Or Family Office

Testimonial

”Capital raising for early stage technology businesses can be extremely challenging, especially when with hardware based business models.  The team at EthicalFin were truly influential in the overall success of our capital raise campaign.  Their experienced and passionate management team dived deep in to the core aspects of the business, crystallising the strategy and supporting how it this was represented to investors.  It was a genuine pleasure working with EthicalFin at this critical phase of our business growth and we are excited to build our relationship with them as we continue to grow”.

Christopher Williams, CEO

Click for the press release

DryGro

November 2019

Financial advisor for £1.4m Series A capital raise.

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Area:      Corporate Finance
Type:      Strategic advisory, fund raising, business development
Date:      Jun 18
Sector:   Clean Tech / Solar thermal
Size:       £1.1m

Deal: Financial advisor

  • Strategy and business plan review and fine tuning
  • Review of the Virtu economics and key strengths
  • Competitor analysis
  • Analysis of core target markets and report
  • Support in defining the go to market strategy
  • Company valuation report
  • Revision of the marketing material
  • Capital raising with impact investors including Pommes D’Or Family Office

Testimonial

”Capital raising for early stage technology businesses can be extremely challenging, especially when with hardware based business models.  The team at EthicalFin were truly influential in the overall success of our capital raise campaign.  Their experienced and passionate management team dived deep in to the core aspects of the business, crystallising the strategy and supporting how it this was represented to investors.  It was a genuine pleasure working with EthicalFin at this critical phase of our business growth and we are excited to build our relationship with them as we continue to grow”.

Christopher Williams, CEO

Click for the press release

Financial advisor for the c. £18.4m funding.

More

Area:      Corporate Finance
Type:      Strategic advisory, fund raising, business development
Date:      Jun 18
Sector:   Clean Tech / Solar thermal
Size:       £1.1m

Deal: Financial advisor

  • Strategy and business plan review and fine tuning
  • Review of the Virtu economics and key strengths
  • Competitor analysis
  • Analysis of core target markets and report
  • Support in defining the go to market strategy
  • Company valuation report
  • Revision of the marketing material
  • Capital raising with impact investors including Pommes D’Or Family Office

Testimonial

”Capital raising for early stage technology businesses can be extremely challenging, especially when with hardware based business models.  The team at EthicalFin were truly influential in the overall success of our capital raise campaign.  Their experienced and passionate management team dived deep in to the core aspects of the business, crystallising the strategy and supporting how it this was represented to investors.  It was a genuine pleasure working with EthicalFin at this critical phase of our business growth and we are excited to build our relationship with them as we continue to grow”.

Christopher Williams, CEO

Click for the press release

Naked Energy

June 2018

Business plan, strategy development and sell side financial advisor for a £1.1m fundraise

More

Area:      Corporate Finance
Type:      Strategic advisory, fund raising, business development
Date:      Jun 18
Sector:   Clean Tech / Solar thermal
Size:       £1.1m

Deal: Financial advisor

  • Strategy and business plan review and fine tuning
  • Review of the Virtu economics and key strengths
  • Competitor analysis
  • Analysis of core target markets and report
  • Support in defining the go to market strategy
  • Company valuation report
  • Revision of the marketing material
  • Capital raising with impact investors including Pommes D’Or Family Office

Testimonial

”Capital raising for early stage technology businesses can be extremely challenging, especially when with hardware based business models.  The team at EthicalFin were truly influential in the overall success of our capital raise campaign.  Their experienced and passionate management team dived deep in to the core aspects of the business, crystallising the strategy and supporting how it this was represented to investors.  It was a genuine pleasure working with EthicalFin at this critical phase of our business growth and we are excited to build our relationship with them as we continue to grow”.

Christopher Williams, CEO

Click for the press release

Amaranto Holding S.p.A. successfully completes the acquisition of Silver Ridge Italy S.r.l.

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Area:      Corporate Finance
Type:      Sell side M&A
Date:      May 18
Sector:   Renewable energy  / solar asset management
Size:       Undisclosed
Deal:      Sell side advisor

  • Strategy and business plan review and fine tuning
  • Review of the Virtu economics and key strengths
  • Competitor analysis
  • Analysis of core target markets and report
  • Support in defining the go to market strategy
  • Company valuation report
  • Revision of the marketing material

Capital raising with impact investors including Pommes D’Or Family Office

 

Testimonial

Aneliya Erdly

”EthicalFin helped us organize and run a competitive bid process for the sale of one of our Italian asset management companies. They proved to be a trustworthy and reliable advisor who delivered timely results and handled all processes with care and dedication”.

Aneliya Erdly, CEO Silver Ridge Power, LLC

 

Click to the press release

Planet Idea

December 2016

Business plan and strategy developement

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Area:      Corporate Finance
Type:      Strategic advisory
Date:      December 16
Sector:   Real estate / smart cities

Size:       N/A
Deal:      Strategic advisor

  • Strategy and business plan review and fine tuning
  • Strategic introductions to potential commercial partners

Institutional roadshow for potential investors

NewCOh

October 2015

Business plan development, equity capital club deal in NewCOh S.r.l., the promoter of cohousing projects in Italy

More

Area:      Corporate Finance
Type:      Fund Raising
Date:      Oct 15
Sector:   Sustainable real estate
Size:       Undisclosed
Deal:      Financial advisor

  Assistance in defining the business model of NewCOh and in the business plan preparation

  Support in identifying potential investors interested in investing in the company

  Introduction of interested investors and support in the preparation of the meetings

  Assistance in the coordination of the capital raising

  Co-investing alongside the investor consistently with EthicalFin’s innovative approach

Testimonial

Nadia Simionato

“EthicalFin is a company that boasts excellent relationship capabilities and that operates well in the nascent world of ethical finance and impact investment. What we appreciated the most is the ability to put in direct contact investors and entrepreneurs in this area, preparing the ground for fruitful exchanges and dialogue. EthicalFin is in fact an accelerator of opportunities while the transaction closing, although fostered and facilitated, remains in the hands of the interested parties.”

Nadia Simionato, General Manager

Copernico

October 2015

Business plan and real estate business development strategy for co-working spaces across Italy

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Area:      Corporate Finance
Type:     Strategic advisory
Date:      October 15
Sector:   Real estate / co-working

Size:       N/A
Deal:      Strategic advisor

  • Strategic advisory and business model fine tuning
  • Business planning at both corporate and real estate asset level
  • Strategic introductions to potential commercial partners

 

Testimonial

Pietro Martani

“EthicalFin has assisted our group at a very significant time, when we have developed and strongly accelerated our flexible workspace business model; the team at EthicalFin have demonstrated high professional integrity, entrepreneurial passion and technical expertise. I have personally appreciated their ability to think out of the box and combine strategic thinking, financial structuring and real estate skills”.

Pietro Martani, CEO

Windows on Europe

April 2015

Business strategy development and assessment of capital raising options for the Copernico brand

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Area:      Corporate Finance
Type:     Strategic advisory
Date:      April 15
Sector:   Real estate / co-working
Size:       N/A
Deal:      Strategic advisor

  • Strategic advisory and business plan fine tuning
  • Institutional roadshow for potential investors

 

Testimonial

“EthicalFin has assisted our group at a very significant time, when we have developed and strongly accelerated our flexible workspace business model; the team at EthicalFin have demonstrated high professional integrity, entrepreneurial passion and technical expertise. I have personally appreciated their ability to think out of the box and combine strategic thinking, financial structuring and real estate skills”.

PietroMartani, CEO

NPL

Major Italian Servicer

Current

Sub Servicer for a €100m secured NPL portfolio

Scapa unpaid receivables

Current

Investor, asset manager and debt collection on a portfolio of €10 million delinquent trade receivables.

Unsecured Bank portfolio

Current

Investor, asset manager and debt collection on a portfolio of €4 million unsecured non performing loans.

Balbec Capital

March 2019

Sale of a portfolio of non-performing loans with a GBV of € 33 million.

Luxembourg SPV

June 2018

Sell side advisory for a €5m portfolio of unsecured loans

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Area:   NPL
Type:   Sell-side advisor
Date:   Jun 18
Sector:   Italian unsecured corporate and residential loans
Size:   €5m GBV

  • Update of the business plan for the portfolio
  • Auction of the portfolio with potential investors
  • Execution of the sale and purchase agreement

Italian NPL SPV

December 2017

Acquisition of a €4m unsecured bank NPLs in JV with another Italian debt collection agency specialised in small loans

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Area:      NPL
Type:      Co-investment
Date:      Dec 17
Sector:   Italian unsecured corporate and retail loans
Size:      €4m GBV 

  • Origination of the opportunity
  • Due diligence, valuation and roll up
  • Pricing and negotiation
  • Execution of the sale and purchase agreement
  • Asset management
  • Debt collection for the largest loans
  • Co-investment

Luxemburg SPV

November 2017

Restructuring of securitisation of €5m unsecured bank NPLs

More

Area:      NPL
Type:      Advisory
Date:      Nov 17
Sector:   Italian unsecured corporate and retail loans
Size:      €5m GBV

  • Servicer substitution
  • Roll up and business plan
  • Asset management and debt collection

Luxemburg SPV

August 2016

Arranger, Placement agent and co-investor in a €2m follow-on securitisation of SCAPA defaulted receivables

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Area:      NPL
Type:      Arranger
Date:      August2016
Sector:   Italian defaulted trade receivables
Size:      €2m GBV

  • Portfolio valuation
  • Support with documentation drafting and signing
  • Execution of the sale and purchase agreement

Luxemburg SPV

August 2015

Arranger, Placement agent and co-investor in the €10m securitisation of SCAPA defaulted receivables

More

Area:      Capital Markets
Type:      Securitisation
Date:      Aug 15
Sector:   Non Performing Loans
Size:       ~ €10m
Deal:       Arranger and Placement Agent

  Identification of the opportunity

  Arrangement of the securitisation transaction

  Assistance in the definition of the recovery strategy

  Identification of the potential investors

Investment Advisory

Investment fund

Current

Fund raising for a regulated closed-ended fund based in Luxembourg that invests in energy efficiency projects in Italy

Contact us






3 + 6 =




UK PE fund

Current

Scouting of Italian photovoltaic plants for consolidation play

Contact us






13 + 5 =




EthicalFin NPL

Current

Italian investment management structure focused on NPLs, portfolios or “single name” with underlying real estate assets, mortgages and unsecured loans

Contact us






5 + 12 =




Winnow Solutions

March 2017

Investment advisory to Pommes D’Or Family Office for Winnow’s round “B” capital raise

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Area:     Investment Advisory
Type:     Round B
Date:     March 2017
Sector:  Impact investment / Food waste
Size:     £5.6m total round B closed

Investment fund focussed on clean energy

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Area:     Investment Advisory
Type:     Fund set up
Date:     2016
Sector:  Impact investment / Renewal Energy brownfield solar parks
Size:      €200m target

UK hedge fund

July 2014

Strategic support with the fund creation, origination of Italian NPLs and collection strategy

UK credit fund

November 2013

Buy-side advisor for the acquisition of €1.7bn Italian unsecured loans

Tata Capital

November 2011

Fund raising for $400m first time private equity fund

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[EthicalFin _i=”0″ _address=”3.52.3.0.0″ /][EthicalFin _i=”1″ _address=”3.52.3.0.1″ /]

Investing in Happiness

Why we should change the name Impact Investing to Conscious Investing

 

Impact investing is a rapidly growing area of finance. This is good news. Anything that helps money flow toward positive social and ecological results is to be strongly encouraged. But behind the good news lies a hidden assumption which needs illuminating, if we are to realise the full potential of impact investing at the scale and speed current global challenges require.

The assumption is hidden in plain sight. To call this impact investing, is to imagine or pretend that other forms of investing do not also have social and ecological impacts beyond the purely financial. Clearly this is nonsense. We must recognise that every form of investment, every choice of where to put our money, and every money flow decision creates an impact. And, de facto, if the impact is not consciously benefiting social or ecological outcomes, it is quite likely damaging them.

Business and finance are not neutral:

To call this new, growing development impact investing, is to unwittingly collude with the powerful but unfounded assumption that business and finance are somehow neutral disciplines. That our conventional assumptions about how we earn and grow money are not part of an entrenched value system. This is basically what has been taught in business schools for generations. We are told that business is business, finance is finance and money is money. Ethics is relegated to a peripheral discussion, often an unsophisticated one, to be had another time.

We must recognise that all business, all finance and all investment has impacts. What is starting to grow now is people’s consciousness about these impacts. Impact investors are therefore actually conscious investors. They are increasingly aware of several important dynamics and relationships that have always been present in the money system but usually disregarded. Here are some of them:

Relationship 1: Relationships between different parts of the system:

The money I invest in a company is a sign of support for the way that company treats its employees, local communities and the natural world. Normal business logic has not tended to see it that way – restricting its vision to a narrower range of relationships. But the wider relationships are present in the system nonetheless – whether we acknowledge them or not.

Conscious investing recognises the importance of a company’s effect on stakeholders far and wide, human and non-human[1]. The investor has become more conscious of the reality of these relationships, their inevitability and their importance.

Relationship 2 – Relationship between different points in time:

The money I invest in a company today is both a backing for and determinant of a particular future that awaits my children and future generations. Again this is not a neutral thing. Investing in certain technologies, industries and activities may express support for a polluted and unstable future or a healthy and life sustaining one.

By consciously investing money in businesses who are working toward the sort of world I actually want to see, I am recognising and respecting the relationships between past, present and future. These relationships have always been there, but now my investment choices are consciously acknowledging their reality.

Relationship 3 – Relationship between my money and my life:

The assumption of business as a value neutral, objective force in the world has relied on a historic separation between business and money on the one hand, and our heart and soul on the other. We all have our own words describing this separation. Whatever the words, conventional business logic has tended to assume and demand a separation between the personal and the professional, the heart and the head, the things I care most deeply about, and the things I am told must be done in the ‘real world’. This separation has been largely unconscious, but of course in reality such aspects of life cannot really be separated. There is always a price to pay if we try to separate them.

Conscious investing is beginning to acknowledge this, and therefore has a role in a gradual healing [2] taking place in the world of business and finance. By consciously investing, I am recognising that money is not just a quantity, a number. The quality of my money – where it has come from, and where it is going, who it has affected and how those things resonate with my innermost values, is also important.

Recognising deeper relationships:

These relationships – between different places, different time periods, and different inner and outer aspects of our lives have always been there. They have always been present in the business and finance system, though very often ignored. The historical industrial and financial logic has created and demanded a sense of split. This has been largely unconscious. Most people in business and finance have just assumed that is the way it is, and must be.

Impact investors – let us now call them conscious investors, as well as those working toward positive social and ecological outcomes in business – let us call them conscious business people, are consciously using their money, time and skills to support the flow of life itself. This is vital, important, necessary work to be celebrated. By recognising that de facto all business has impact, and that we must therefore all become conscious and clear about what those impacts are in reality, we can accelerate and celebrate this vitally important shift.

Follow us

londonLONDON

Portland House Bressenden Place | London - SW1E 5RS - EnglandT: +44 20 7869 8313M: +44 7887 692903E: am@ethicalfin.com

milanMILAN

Representative Office | Via Monte di Pietà 21 - 20121 Milano - ItalyT: +39 347 9861129E: am@ethicalfin.com

romeROME

EthicalFin NPL S.r.l. | Via A. Salandra 18 - 00187 Rome - Italy

T: +39 06 42272015

M: +39 335 1618968

E: af@ethicalfin.com