Founded in 2009, GAWA Capital is the leading impact investing advisory firm in Spain. We seek to improve the lives of low-income communities by promoting investment in social enterprises, whilst also providing a financial return to investors.
Since its inception, GAWA has pioneered the introduction of the impact investing asset class in Spain, having launched three funds, in addition to advising a third-party fund - Magallanes Impacto FIL. Each of these funds invest equity and debt in emerging countries, in companies focused on providing market-based solutions to key societal issues such as poverty. To date, GAWA has advised over EUR 173 million, with investments in 15 countries and a positive track record of 6.34% annual IRR to investors in our first fund.
Why we do what we do
We believe that real, transformative change can only be driven by financially sustainable business models that provide tailor-made solutions to critical issues such as poverty or climate change. More and more of these social enterprises are appearing around the globe, yet lack access to the funding which will enable them to reach their full potential. Impact investors aim to close this funding gap, attracting private investment to these companies by offering investors tangible social impact alongside a financial return. Learn more about Impact Investing.
How we do what we do
GAWA focuses on emerging countries, carefully selecting companies that provide opportunities for low-income communities to boost their livelihoods. We seek companies that have a true social mission and a sustainable business model, balancing social impact with a market-rate of return for investors.
Social impact is key to our philosophy, and thus inherent throughout our investment process. We seek to maximise the social imprint of our investees, carrying out an exhaustive Social Due Diligence prior to investment and actively improving investee social performance post-investment with Technical Assistance. Social covenants are present in all contracts and GAWA's performance fees are linked to the social impact of each investee, which is measured and managed throughout the life of the investment.