Eiffel Investment Group and Van Lanschot Kempen launch an evergreen impact debt program with a total target of €500 million
November 4th 2025, Amsterdam
Eiffel Investment Group and Van Lanschot Kempen Investment Management (“Van Lanschot Kempen”) are introducing Eiffel Evergreen Impactful Private Assets, a fund designed exclusively for clients of Van Lanschot Kempen Investment Management. The fund has been developed in co-creation with Van Lanschot Kempen to provide its clients with impactful private debt investments in the Benelux and across Europe. It starts with an initial commitment from Pensioenfonds PostNL and Stichting De Samenwerking, Pensioenfonds voor het Slagersbedrijf of €220 million and targets a total size of €500 million.
The umbrella evergreen Separately Managed Account (SMA) consists of two subfunds, each pursuing a distinct impact private credit strategy:
- The first compartment, Eiffel Impact Benelux Private Debt, provides private debt financing to small and mid-cap companies and energy transition assets in the Benelux region, with a strong focus on generating measurable local economic, social and environmental impacts.
- The second, Eiffel Impact Infra Debt, provides short-term secured debt financing for the construction of energy transition assets across Europe.
Both compartments are structured as open-ended Luxembourg SCA SICAV-RAIF vehicles, enabling flexible and long-term capital deployment.
Beyond its financial objectives, the program follows an ambitious sustainability and impact approach.. As an Article 9 fund, it incorporates clear and measurable impact indicators aligned with the goals of the Paris Agreement:
- Eiffel Impact Benelux Private Debt steers on and reports the fund’s carbon footprint and temperature alignment (with a targeted alignment on a 2°C pathway), as well as its contribution to local economic and social impact.
- Eiffel Impact Infra Debt tracks and discloses the green energy capacity it finances, the greenhouse gas emissions it helps avoid, and the number of households powered by clean energy, seeking an alignment with a 1.5°C pathway.
This dual focus on financial performance, sustainability and impact embodies Eiffel Investment Group’s commitment to driving the energy transition and fostering sustainable growth through its investment strategies. The solution has direct positive contribution through the renewable energy capacity installed and through working with local small and mid-cap companies. From a systemic perspective, meeting the target for renewable energy locally contributes to energy independence and reduces pressure on nature caused by energy generation.
Strong demand from Dutch pension fund investors for impactful private credit assets
The first close in September 2025 at €230 million already includes two leading Dutch pension funds, highlighting the increasing demand among institutional investors for strategies that combine financial returns targets with tangible local impact – a unique opportunity to contribute to solutions close to home. The program is open to additional institutional investors.
“These two vehicles demonstrate our commitment to providing investment solutions that combine financial performance with positive environmental and social impact. Through our cooperation with Van Lanschot Kempen, we were able to bring together leading institutional investors, committed to financing the energy transition and supporting local impact” said Fabrice Dumonteil, CEO of Eiffel Investment Group.
“We are seeing increasing demand from institutional clients for strategies that deliver both expected returns and measurable impact, especially locally. Together with Eiffel Investment Group, we are offering solutions that respond to this need and contribute to the sustainable transformation of the economy.” added Wilse Graveland, Head of Fiduciary Management and Institutional Solutions at Van Lanschot Kempen Investment Management.
About Van Lanschot Kempen Investment Management
Van Lanschot Kempen Investment Management is a specialist investment manager with a focused approach and a clear investment philosophy. We believe in long-term stewardship for our clients and other stakeholders. Van Lanschot Kempen Investment Management provides sustainable returns, fiduciary management services, manager selection, portfolio construction and monitoring, alongside a number of actively-managed investment strategies. As of 30 June 2025, Van Lanschot Kempen Investment Management had a total of €121.8 billion in client assets.
Disclaimer
Van Lanschot Kempen Investment Management NV (VLK Investment Management) is licensed as a manager of various UCITS and AIFs and authorised to provide investment services and as such is subject to supervision by the Netherlands Authority for the Financial Markets. This document is for information purposes only and provides insufficient information for an investment decision. This document does not contain investment advice, no investment recommendation, no research, or an invitation to buy or sell any financial instruments, and should not be interpreted as such. The opinions expressed in this document are our opinions and views as of such date only. These may be subject to change at any given time, without prior notice.
General risks to take into account when investing in private debt
Please note that all investments are subject to market fluctuations. The strategy invests in third-party investment funds with the objective to achieve capital growth through a diversified exposure to private (non-listed) investment strategies, such as Private Debt. Investing in this strategy is subject to risks arising from the volatility of securities, currency and interest rate markets that could negatively affect the performance. Under unusual market conditions the specific risks can increase significantly. Potential investors should be aware that the underlying investment funds often pursue a more alternative investment policy than traditional investment funds. The majority of the investments, particularly private (non-listed) investment strategies, may involve assets which are illiquid, are difficult to value and/or are exposed to high market, credit and liquidity risk including the risk of insolvency or ban. In such circumstances, the ability for an investor to redeem its interest in the strategy will be limited due to a lack of available liquid assets. Accordingly, the Fund’s ability to respond to market movements may be impaired and the Fund may experience adverse price movements upon liquidation of its investments.
The value of your investment may fluctuate, past performance is no guarantee for the future. Do not take unnecessary risks.
Before you invest, it is important that you are aware of and are informed about the characteristics and risks of investing. This information can be found in the available documents of the strategy and/or in the agreements that are part of the service you choose or have chosen.
About Eiffel Investment Group
Eiffel Investment Group is a European asset manager with c. €7 billion under management (as of 30/06/2025, including uncalled commitments). Eiffel Investment Group’s investor base consists of large institutional investors (insurance companies, mutual insurers, pension funds, banks, family offices, public investors, etc.) as well as retail investors via intermediated distribution. Backed by the Impala group founded by entrepreneur Jacques Veyrat, Eiffel Investment Group cultivates a strong industrial expertise, in particular in the field of the energy transition.
Eiffel finances companies and their assets through three main strategies: private credit, energy transition infrastructure debt and equity and private equity, and listed credit and equities. Eiffel Investment Group invests for a sustainable world. Its investment strategies aim to generate not only a strong financial performance but also positive social and environmental impacts.
Eiffel Investment Group’s team counts around 110 talented professionals, with offices in France (Paris), the Netherlands (Amsterdam), Italy (Milan), Poland (Warsaw), the United States of America (New York) and the United Arab Emirates (Abu Dhabi).
Prendre contact
Risque de perte en capital. La valeur des investissements et des revenus qui en découlent peut évoluer à la hausse comme à la baisse. Les investisseurs sont susceptibles de ne pas récupérer l’intégralité de leur investissement initial. Les performances passées ne présagent pas des performances futures et ne sont pas constantes dans le temps.