All Market Inc. acquires Runa, one of our investees

20 June 2018

Runa, a company we invested in mid-2016, just got taken over by All Market Inc. A further step commented by Michael Kirban, CEO of Vita Coco: “I think Runa is perfectly positioned as an organic, better-for-you energydrink that can really challenge in this space”. 

Find more details on the operation in this press release: [All Market Inc acquires Runa]

Our historical investee Terrafertil goes mainstream

9 February 2018

Nestlé acquired majority interest in Impact Finance historical investee Terrafertil. We congratulate Terrafertil for this operation and we look forward to witnessing the further scaling up of their positive impact. You'll find more details on the operation in this press release: [Nestlé acquires majority interest in Latin American company Terrafertil]

Lombard Odier visiting Impact Finance in South America

30 January 2018

Read the article published on Lombard Odier's website about their trip through Peru and Colombia to meet Impact Finance's partners. It is exceptionally valuable for us to allow both ends of the chain to meet: investors and entrepreneurs. Learn about Seacorp, Norandino, Agrosol, Villa Andina, Biolodos and Terrafertil by "Taking the sustainable road in Latin America"[English].
Special thanks to the Financial Research Department of Lombard Odier for the redaction of the article.

Benjamin Firmenich selected among the 100 Most Influential Swiss French professionals

12 May 2017

Congratulations to our Head of Investor Relations, Benjamin Firmenich, selected by the journal Le Temps among the 100 Most Influential Swiss French professionals! The article describes the increasing attractivity of Impact Finance for talents and investors. The content is based on an interview by Yves Genier. "Benjamin Firmenich - L'investissement juste" [French] extracted from a special edition of the journal Le Temps [French]

An article about our successful Colombian partner Kahai

12 January 2017

Cacay oil can be used both for cooking and as a cosmetic product. Among others properties, it contains 50% more vitamins F and E than argan oil. Our partner Kahai SAS is a cacay nut producer/exporter who contributes to protecting and restoring the environment (over 5000 hectares rehabilitated) as well as empowering local indigenous population. Impact Finance Management is financing this familial business plantation expansion since 2015. check out the article "Un impact aux multiples facettes" [French]. Special thanks to Kostis Tselenis who acted as a co-editor in chief for the whole Sustainable Finance Impact Investing Special Report published by

An interview of Benjamin Firmenich about impact investing in Switzerland

11 December 2016

Excellent presentation of the Swiss impact investing sector, this article summarizes its reasons for existing along with insights from several main actors of this booming investment segment including Benjamin Firmenich, our Head of Investors Relations. Impact investing offers "a business solution to major social and environmental issues while being a good diversification option for the investors".
"Parier sur les PMEs des pays émergents."[French]

An interview of Fabio Malanchini for Bocconi University

18 November 2016

Related by Claudio Todesco in a publication for Bocconi University alumnis, Fabio relates how we invest in the real economy by supporting companies such as Sotrami  “Cosi' Fabio Malanchini ha aiutato i minatori di Nazca” [ITALIAN].

Making scents

22 May 2016

Read the article published in Campden Family Business, an international network of family businesses, "Making Scents, Benjamin Firmenich on engaging the next generation and impact investing"

Switzerland takes a leading role in promoting sustainable finance

8 March 2016

Following the growing global interest in sustainability, and more particularly in relation to financial markets, the Swiss Federal Council has adopted new guidelines for Switzerland's role in leading the efforts in this matter. 

The Federal Council laid the foundation for a consistent policy for Switzerland in how it will deal with the impact of climate change and other environmental aspects on the stability of the financial system. 

Impact Finance selected for IA50

16 October 2015

We are proud to announce that Impact Finance Management has been selected for the ImpactAssets 50 2015 (IA 50), a free, publically available online resource for impact investors and their advisors. The IA 50, now in its fifth year, is the first publically available database of private debt and equity impact investment fund managers.

Check out the performance of Benjamin Firmenich at the TEDx event around the theme FEED YOUR BRAIN

19 May 2015

Benjamin Firmenich, Partner at Impact Finance Management, was invited to speak at a TEDx event in Lausanne. The event took place on the 23rd of April 2015 at the Hotel Management School of Lausanne and was entirely organized by students. To watch Benjamin's speech, follow this link

Benjamin giving his speech

New andean all natural nut oil for skin rejuvenation!

14 April 2015

Originary from the Andean piemont in Colombia, the Cacay nut oil is the sensation to come in the cosmetic industry. It contains vitamin A (retinol - three times the amount found in rose hip oil), vitamin E (50% more than argan oil) and vitamin F (linoleic acid, an omega 6 essential fatty acid).  It also has high levels of omega 3 and 6, all of which nourish, soften and repair damaged skin and hair. (Check out the article on

Measuring, managing and/or monitoring impact

25 March 2015

From the start, Impact Finance has claimed the necessity to manage actively impact and monitor it constantly. Our philosophy was to induce change towards impact and develop Kharmax in order to be able to monitor it along with the companies. The Stanford Social Innovation Review is witnessing this shift from an initial trend in the impact investing industry from a somehow passive impact measurement towards a proactive impact management. The Review shows how it can lead to stronger social outcomes, something that our day to day work demostrates too. Please read this excellent article.

World Premiere of Dirty Gold War

27 February 2015

For the documentary "Dirty Gold War", the crew visited the operation of Sotrami in Santa Filomena in 2013. An interview of Cédric Lombard, a founding partner of Impact Finance, features also in the documentary. Check out the description wepage of the documentary on the website of the International Film Festival and Forum on Human Rights: Dirty Gold War

Impact Finance showcased in a publication on experienced Impact Investment Asset Managers

14 January 2015

Impact Finance was selected to as one of the top fourteen Impact Assets Managers in the DACH region (Germany, Austria, Switzerland). Read the online publication by Impact in Motion, a Munich-based consultancy specialized in Impact Investing: "Impact Asset Manager in der DACH-Region" [German]

An more on the IiM 15 in initiative in English: Impact in Motion 15 Summary

An article on Impact Finance's first institutional investor

20 October 2014

Lombard Odier has a launched a pioneering vehicle in impact investing that invested in a set of specialised microfinance and impact investing funds among which Impact Finance. Read the article published in l'AGEFI, a Swiss daily financial journal: "Levée de 100 millions" [French]

Impact Finance and the hazelnut value chain in Georgia

16 October 2014

Read the article published in Le Temps, a Swiss daily economic newspaper: "L'entreprise genevoise Impact Finance veut soutenir les PME de l'agro-alimentaire" [French]

10 Innovations in Sustainable Finance in Geneva

15 October 2014

On the occasion of its fifth anniversary, Sustainable Finance Geneva published a book on the work of financial pioneers and present ten emblematic innovations that demonstrate Geneva’s creativity in this field. Looking back to the origins of the sustainable finance movement, often in the words of the pioneers themselves, and examining the developments in the market and its future prospects, the book provides points of reference for Geneva’s potential in sustainable finance. Among the 10 innovations presented, the book presents the microfinance industry with the pioneering role of both BlueOrchard and Symbiotics, both founded by Cédric Lombard and the impact investing field, with Impact Finance Management. 

A tribute to Pancho Otero

20 August 2014

A tribute to Panco Otero who died recently in Democratic Republic of Congo, where he had launched a microfinance institution. He has been a true changemaker in the field of microfinance with the creation of Prodem and BancoSol, who has been the first microfinance bank of Latin America. Pancho Otero has been a strong inspirer for us, at Impact Finance. You can read a very nice article on him on the Center for Social Inclusion's Blog: Genius in Microfinance - Reflection on Pancho Otero.

Finance Watch Symposium on non-financial reporting

30 June 2014

Impact Finance participated to the Symposium organised by Finance Watch on the exploration of a common ground in the financial sector to agree on a set of non-financial indicators. Such indicators would enable the socially responsible financial industry to report on a set of comparable indicators that would complement the purely financial ones and the absence of non-financial indicaors and benchmark. The experience of Impact Finance with Kharmax and of the impact investing industry is far ahead, and the socially responsible investment has still a long way to walk... Report of the meeting is available on Finance Watch Webpage.

Boréal in the press

12 May 2014

An article in the Swiss press on Boréal Coffee Roasters, one of the Swiss investees of Impact Finance.
La photo et le café comme trait d'union entre entrepreneurs [FRENCH]

Quinoa in Ecuador and Bolivia

1 May 2014

Watch Impact Finance's latest video on its investments in quinoa.

An interview of Fabio Malanchini, Finance Partner at Impact Finance Management

18 March 2014

Fabio reflects on the potential of business as a force for good and the complementarity for foundations to invest with a purpose aside giving out grants “INTERVISTA a Fabio Malanchini” [ITALIAN].

Sotrami in the Swiss Press

16 October 2013

Thanks to our loan in November 2011, followed by another one in 2012, SOTRAMI has been able to more than double its gold production and became the biggest "fair" gold producer in the world. With the support of the Swiss Better Gold Association, Sotrami started exporting to Switzerland in collaboration with two large refiners. The final product is intended for the famous jeweler and watchmaker Cartier. Below is a overview of the Swiss press following a press release given by SBGA in Bern on the 15 October 2013

Certification en or pour la Suisse [French] published in l'Express, a Swiss daily newspaper

Berne et une association favorisent le commerce équitable de l’or [French] published in le Temps, a Swiss daily newspaper

Les prémisses d'un tournant sur les matières premières [French] published in l'AGEFI, a Swiss daily newspaper

«Ökogold» vorerst nur für Grossfirmen [German] published in the Tages Anzeiger, a Swiss daily newspaper

Impact Finance Cited as a Pioneer in Sustainable Finance

24 September 2013

Read the article published in Le Temps, a Swiss daily economic newspaper: La disparition de l'investissement responsable sera sa grande victoire [French]

Impact Finance Gets Recognition in its Region

10 July 2013

Every year for the past 9 years, the magazine L’Hebdo chooses 100 personalities of the French-speaking part of Switzerland. It aims to recognize people who by their talents and actions have contributed to the "creativity and dynamism of the region". In its edition of 2013, Cédric Lombard, co-founder and partner of Impact Finance has been selected in the category of the "Leaders", underlying the humanist vocation of Impact Finance in financing projects in consideration to their impact. La finance autrement [French]Link to the whole review.

Impact Finance co-founder of the Swiss Better Gold Association

30 June 2013

Created in April 2013, the Swiss Better Gold Association (SBGA) unites actors of the gold value chain.

SBGA supports small and medium size mines and artisanal mines (ASM) linking mines to the market.
Benjamin Firmenich has been elected to the Board of Directors of the Association drawing on his experience at Impact Finance when, in 2011, he assisted in financing Sotrami, a pioneer gold mine in Peru.

Better gold in Peru

30 May 2013

Read the article on one Impact Finance investee published in the Swiss magazine L’Hebdo:
La lente naissance de l'or juste [French]

Sotrami in the news

15 January 2013

Read the article published on, the news website of the Rapaport Group, a group specialized in jewelry industry standards:
Cred Introduces its Fairtrade Silver to the U.K.

Hydrologic certified for Gold Standard

10 October 2012

Read the article published on, a platform for sustainable business in the Asia Pacific:
Carbon finance boosts Cambodian social enterprise bringing clean water to rural households

Impact Finance Management joined ANDE

5 July 2012

In June 2012, Impact Finance Management became a member of The Aspen Network of Development Entrepreneurs (ANDE), a dynamic platform for social enterprise active in the field of development. Check out their June 2012 Newsletter with a note on Impact Finance in the New Members section.

Organic Banana production in Peru

20 June 2012

Watch the latest video of the Impact Finance Fund, shot in April 2012 in Peru.

Impact Finance Fund in a publication for Family Offices in UK

1 May 2012

Cédric Lombard contributes to a special note of Family Office Management Consulting, a UK-based family office specialist.
FOMC Special Investment Theme "Impact Investing"

François Rossier on Microfinance and Development

17 April 2012

The Investment Manager of Impact Finance Management has been interviewed by Entreprise Romande, a Swiss monthly journal.
Microcrédit et Développement [French]

An interview of Fabio Malanchini in Il Mondo

16 March 2012

Fabio is cited in "Il Mondo" an Italian financial newspaper.
Fondi Alternativi: Impact Investing, cosi l'etica sposa il redimento [Italian]

An Article on Impact Finance Management in l'Hebdo

3 February 2012

Published in a special edition of the Swiss weekly journal
Une alternative au microcrédit [French] 

Cédric Lombard describes the new paradigm of Impact Investing

7 November 2011

An essay written by Cédric Lombard in Banque et Finance, a Swiss bi-monthly magazine on Finance
Le nouveau paradigme de l'impact investing [French] 

An article on Impact Investing in Switzerland

29 September 2011

Published in a special edition of l'Hebdo, a Swiss weekly journal
Suisse pionnière pour l'Impact Investing [French] 

Low cost drip-irrigation systems - Central America

17 August 2011

Check out the new video of the Impact Finance Fund on a potential investment

An article on Impact Finance Fund

5 August 2011

Published in l'AGEFI, a Swiss daily financial journal
La microfinance à l'heure de la création de valeur [French] presents the Impact Finance Fund

4 August 2011

Cédric Lombard interviewed by Reynald Loki of
Pass the Gromperekichelcher: Impact Investing, Luxembourg Style

Clean gold in Peru

4 July 2011

Watch the first video of a potential investment of the Impact Finance Fund

The Incandescent Lab: supporting decentralized desalination system in Senegal

28 June 2011

On 28 June 2011, Swiss Fresh Water SA, a Swiss company, produced the first liters of desalinated water in the village of Diamniadio in the delta of the Sine Saloum in Senegal. The role of the Incandescent Lab is to support SFW SA to implement its pilot project, especially in terms of business model adjustments and socio anthropological adaptation to cultural patterns on customs.

Picture: the SFW team and the some members of the Water committee of Diamniadio

Interview of Cédric Lombard in Bilan

30 March 2011

Bilan is a bi-monthly economic and financial Swiss magazine 
La microfinance [French] 

An article on the microfinance crisis in India

30 November 2010

Published in "le Temps", a Swiss daily newspaper.
Les acteurs suisses du microcédit veulent tirer des leçons de la crise en Inde [French] 

An article on Impact Finance

13 September 2010

Published in l'AGEFI, a Swiss daily financial journal
L'affirmation de l'Impact Investing [French]

Cédric Lombard speaks on the radio about Impact Finance

6 July 2010

Broadcasted on the Swiss National Radio Channel in a show called Biosphère
Un incubateur pour des projets à fort impact environnemental, social et écologique [French] 

An article on the creation of Impact Finance

1 July 2010

Read the article published in Le Temps, a Swiss daily economic newspaper: Cédric Lombard lance une nouvelle société [French]