Global Social Impact Investment

What Global Social Impact Investment does

Global Social Impact Investments (GSI) is a Madrid-based asset management company (S.G.I.I.C., S.A.U.) authorized by the Spanish securities regulator CNMV in 2020 to manage collective investment schemes. The firm operates two closed-end impact investment funds: GSIF África, a €60 million private debt fund launched in 2020 that finances established SMEs in Sub-Saharan Africa (Uganda, Kenya, Ghana), and GSIF España, a €63 million impact private equity fund launched in 2021 that takes minority growth stakes in inclusive Spanish companies. Capital composition is 94% institutional and 65% private, with anchor investors including MAPFRE AM, COFIDES, and the European Investment Fund (via InvestEU).

The firm invests in profitable, growing SMEs with measurable social and environmental impact — portfolio companies include Sqrups (surplus retail), Revoolt (zero-emission last-mile delivery), Jetnet (rural broadband), Éxxita Be Circular (electronics refurbishment), a Ugandan coffee cooperative, and more recently PARIS/64 (handbag brand). GSI applies a proprietary Impact Scoring Tool aligned with IRIS+, IMP, SDG, 2X Challenge, and OPIM standards, and links variable management fees to audited impact outcomes. Products are restricted to professional and qualified investors and are not marketed to retail clients per CNMV regulations.

GSI is part of the Santa Comba family holding ecosystem alongside Open Value Foundation (venture philanthropy), Cobas AM (value investing), and Value School (financial education). Distribution is conducted via direct institutional sales, with GSIF África also distributed in Spain through Inversis Banco and structured as a sub-fund of a Luxembourg SICAV-SIF managed by FundPartner Solutions (Pictet Group). The firm employs 22 people across Madrid and field offices in Africa.

Name

Global Social Impact Investment

Legal name

Global Social Impact Investments, S.G.I.I.C., S.A.U.

Website

https://globalsocialimpact.es

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Global Social Impact Investments is a Madrid-based asset manager (SGIIC) operating two impact funds (€60M Africa debt, €63M Spain equity) for institutional investors. It finances profitable, inclusive SMEs in Spain and Sub-Saharan Africa, combining financial returns with audited social and environmental impact.

Ownership category

akta.pro rank

Product category

Impact Investing Asset Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

ESG Integration / Responsible Investment Funds (Broad ESG) (FSANAJAL)

akta.pro secondary industry

Impact / ESG Multi-Manager Platforms (FSANAGAJ)

Keywords

• Impact investing funds
• Private equity management
• Emerging market debt
• Social impact asset management
• Inclusive growth capital

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Fund Management Fees: GSI earns management fees from managing impact investment funds including GSIF Spain and GSIF Africa. Variable management fees are linked to achievement of impact objectives set on an investment-by-investment basis, audited at divestment.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

GSI is a CNMV-authorized asset manager that raises and professionally manages closed-end impact investment funds for professional and qualified investors. Its two flagship products are GSIF España, a €63M growth-equity fund (vintage 2021) backing Spanish inclusive businesses, and GSIF África, a €60M private-debt fund (vintage 2020) financing SMEs in Sub-Saharan Africa, with variable management fees linked to impact outcomes.

Product overview

Global Social Impact Investments (GSI) is a Spanish asset management company (SGIIC) authorized by CNMV in 2020, offering two main investment funds: GSIF España (a €63M private equity growth fund launched in 2021) and GSIF África (a €60M private debt fund launched in 2020). The company manages a portfolio of impact-driven companies including Sqrups (surplus retail), Revoolt (sustainable logistics), Jetnet (rural telecommunications), and Éxxita Be Circular (electronic waste circularity). GSI operates under the Santa Comba family holding and follows a rigorous impact measurement methodology aligned with IRIS, IMP, SDG, and 2X Challenge standards.

Differentiator

Problem solved

Functional benefit

Brands

• GSIF España: Impact private equity fund targeting growth-stage inclusive companies in Spain, with €63M AUM and focus on job creation, inclusion, and environmental sustainability.
• GSIF África

Products and services

• GSIF España (Global Social Impact Fund II Spain) Closed-end, CNMV-regulated growth-equity fund of €63M (vintage 2021) that invests minority stakes in profitable, growing Spanish companies combining financial returns with social or environmental impact across inclusive employment, digital inclusion and sustainability themes.
• GSIF África (Global Social Impact Fund Africa) €60M private debt fund (vintage 2020) providing flexible credit to established SMEs in Sub-Saharan Africa with limited access to traditional banking, particularly in agriculture and rural-livelihoods value chains.

Quantifiable outcome

• Thousands of people directly impacted across portfolio
• +2 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core and minor.

• FundPartner Solutions (Europe) S.A.coreStrategic or Co-development PartnerPictet Group entity managing GSIF Africa as sub-fund of Alternative Fund SICAV-SIF, supervised by CSSF in Luxembourg. GSI acts as delegated portfolio manager.
• Inversis BancocoreChannel Partner/ Reseller/ DistributorOfficial distributor of GSIF Africa in Spain.
• Open Value FoundationcoreStrategic or Co-development PartnerSister organization within Santa Comba ecosystem focused on venture philanthropy for early-stage companies. Shares knowledge, networks, offices, and daily collaboration culture with GSI. Refers pre-seed/seed stage companies to appropriate vehicle.
• Cobas AMminorStrategic or Co-development PartnerPart of Santa Comba ecosystem, value investing asset manager with long-term vision and shared philosophy.
• Value SchoolminorStrategic or Co-development PartnerFinancial education initiative in Santa Comba ecosystem promoting informed financial decision-making.
• SpainNABminorStrategic or Co-development PartnerGSI adheres to SpainNAB's Code of Good Practice for Impact Investing.
• Operating Principles for Impact Management (OPIM)minorStrategic or Co-development PartnerGSI is a signatory to OPIM, demonstrating commitment to impact management standards.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Mirova Natural Capital: Affiliate of Natixis managing dedicated impact equity and infrastructure funds; broader scale competitor in European impact investing.
• TPG Rise: Large-scale impact investing platform of TPG with multi-strategy funds; comparable dual-objective impact+return model though dramatically larger AUM and global scope.
• KfW Capital / DEG: German development finance institution providing equity and debt to emerging market SMEs; analogous to GSIF África's emerging-markets debt mandate.
• Social Ventures Partners (SVP): Network of impact-focused venture funds with comparable inclusive-business investment thesis though broader geographic footprint.

Direct peers

• Bridges Fund Management: UK-based impact-focused fund manager running impact venture, growth and private debt strategies; directly comparable as a multi-fund impact investment firm.
• Acumen: Global pioneer impact investor supporting businesses serving low-income communities via debt and equity; closest analogous mission and dual-return investment model to GSI.
• responsAbility Investments: Swiss impact asset manager offering private debt and equity strategies in emerging and frontier markets; overlapping product set with GSIF África.
• BlueOrchard Finance: Swiss impact debt and equity manager with emerging-markets focus; comparable to GSI's GSIF África in deploying private debt to underbanked SMEs.
• Triodos Investment Management: European impact investment manager with a long track record across listed and private impact strategies; directly comparable in Europe impact mandate.

Regional players

• Cobas Asset Management: Spanish long-term value investment manager sharing the Santa Comba ecosystem with GSI; comparable European value-driven asset manager.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCzDvtmtCUWdfQMwKKH8CiNw
• LinkedInlinkedin.com/company/globalsocialimpact
• Xx.com/GSIInvestments

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Global Social Impact Investment