First closing SI³ Fund
Aurion acted as legal counsel of Shaping Impact Group in connection with the structuring and setup of the third impact first fund in the Benelux. SI³ Equal Opportunities Fund intends to generate significant social impact and a fair financial return by investing in innovative social enterprises which contribute to reducing inequities in society. The first closing, raising a capital of more than 10 million Euro, took place in July 2022. Aurion warmly congratulates SI³ Fund. Team members Yvette Verleisdonk, Lisa Bueken and Jurgen Goyvaerts advised on the structure of the fund, the regulatory aspects, drafted and negotiated the various agreements and Aurion acted as the coordinating law firm. Two government linked investment companies invested in SI³ Fund, illustrating the growing maturity of impact investment in the Benelux.