M&G today announces the launch of a new strategy for investors to gain exposure to private credit’s best-in-class companies from an environmental, social and governance (ESG) perspective and with an emphasis on sustainability characteristics.
The M&G Sustainable Loan Fund (‘the Fund’), which is managed by Fiona Hagdrup and Thomas Lane, combines M&G’s 22-year loan investing track record and firm-wide Sustainability & Stewardship resources to offer investors exposure to loans of companies demonstrating strong ESG credentials in the $1.5 trillion global loan markets. The Fund has launched with a €175 million investment from the Prudential With-Profits Fund, including the recently launched PruFund Planet, and the Swedish government employees’ pension fund, Kåpan Pensioner, which is making an initial €26 million commitment.
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