King & Wood Mallesons ("KWM") has advised Impact Bridge on the structuring and launch of its new investment vehicle, the IB Deuda Impacto España fund, constituted through financing provided by the European Investment Fund and MicroBank, CaixaBank's social bank. This is the largest fund of its kind in Spain, with a target size of €150 million, and is a pioneering initiative to focus on debt financing with a positive social impact.

The team of lawyers of KWM that has participated in this project has been led by the partner and director of the funds department Isabel Rodríguez, along with the collaboration of the associate Gonzalo Lozano.

IB Debt Impact Spain consists in a flexible debt fund that aims to finance 40 high-impact social projects in Spain within the field of rural development, labour inclusion, climate, environment, circular economy, sustainable agriculture and gender equality.

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