Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Transforming the way development is financed:Palladium buys Enclude from Triodos Bank

Global impact firm Palladium has acquired Enclude from Triodos Bank to further strengthen capabilities in impact investing, inclusive finance and international development

  • Enclude is represented across the UK, US, Europe and emerging markets globally  and has mobilised over USD500 million in capital seeking a positive impact
  • With experts estimating a $5 trillion gap between current funding levels and what it will take to accomplish the UN’s Sustainable Development Goals (SDGs), the acquisition will help address the challenge by unlocking pricate capital.

Global impact firm Palladium has acquired financial advisory firm Enclude to merge with its economic development and impact investing practices.

Palladium has bought Enclude from Triodos Ventures, an independent fund managed by Netherlands-based Triodos Bank which is a pioneer in sustainable values-based banking. The acquisition will deepen Palladium’s technical expertise, while allowing Enclude to scale its efforts and impact. Triodos Ventures will become the first institutional shareholder in majority staff-owned Palladium.

Established in 2012 as the merger of ShoreBank International and Triodos Facet, Enclude provides capital advisory and capacity building services to help drive inclusive, sustainable growth in developing economies, by working with entrepreneurs and impact investors.

The company has three main offices (Netherlands, the US, and the UK) and is represented across the world. Its capital advisory business offers investment banking services for companies that are seeking to make a positive impact and is regulated by the UK’s Financial Conduct Authority (FCA). These services include raising capital and managing responsible exits for investors. So far, Enclude has mobilised over USD500 million in capital for impact investing transactions.

Palladium is a AUD500 million company with 2,500 employees across 90 countries worldwide. The company recently designed the world’s first Development Impact Bond (DIB) in health care to reduce mother and infant deaths in Rajasthan, India. Palladium’s latest impact investment was a cash boost to female-owned Naasakle to support more than 5,000 women shea nut pickers in northern Ghana.

“To meet the UN Sustainable Development Goals, we must tap private capital,” explains Laurie Spengler, CEO of Enclude. “Joining Palladium will allow Enclude’s capabilities to be leveraged for greater reach and results.”

Christopher Hirst, incoming CEO of Palladium, agrees: “Making the world a better place is resource intensive, and we want to transform how development is financed in the future. Our vision is to bring a commercial approach to international development, unlocking vast sums of private capital for multiple projects around the world. These new models ensure accountability and full transparency in the process, and ultimately, improve people’s lives.”

Peter Blom, CEO of Triodos Bank: “Palladium’s acquisition of Enclude presents a great opportunity for the Enclude impact investing advisory services to develop scale and to accelerate their ability to create impact. We are proud to have been part of the early history of Enclude and we are happy to stay connected to future developments through our shareholding in Palladium.”