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Investment Focus

An investment strategy calibrated to generate a substantial impact while enabling the implementation of best-in-class technologies by textile manufacturers.

Investments

The Fund has currently made 4 investments, 2 in India and 2 in Bangladesh. Three more contracted deals are expected before the end of the investment period.

 

Focus Areas

We look specifically for innovations that fall under one or multiple of the following focus areas:

Dyeing & Finishing: New methods, technologies and chemicals for the more sustainable treatment of textiles, towards low water use and zero discharge of hazardous chemicals.

End-of-Use: Techniques including chemical and mechanical methods for circular recycling of finished post-consumer goods.

Fund Structure

Laudes Foundation (previously C&A foundation) is an anchor investor alongside The Mills Fabrica, with an initial ‘close’ in September 2019 of USD 12.4 million junior equity capital. With Rabobank as senior debt investor, the Fund’s size is currently around USD 19m.

The capital structure of the Good Fashion Fund is a so-called blended finance structure comprising 3 different risk/return layers: Junior Equity /first loss, Senior Equity (preferred return of 2%) and a Senior Debt tranche. The fund has a 2/1 equity to debt ratio. The GFF term is 10 years.