LGT Venture Philanthropy
Your partner for scaling positive impact
Q4 2015
LGT Venture Philanthropy: Summary
LGT Venture Philanthropy –
Your partner for scaling positive impact
Our mission
Increase the sustainable quality of life of less advantaged people, contribute to
healthy ecosystems and build resilient, inclusive and prosperous communities.
Our approach
 We analyze and support young, strongly growing organizations with high
societal impact based on best-in-class venture capital principles.
 We focus our investments and grants on scalable models and contribute our
know-how to make them financially self-sustaining.
 We offer customized co-investment solutions for a broad range of clients.
Our track record
 51 portfolio organizations supported
 2.8 million less advantaged people reached in 2014
 Impact Ventures UK fund launched (USD 55m)
 112 ICats Fellows matched with our portfolio organizations to bridge their
business know-how needs
 Mission-related investment suite of LGT supported
Our team
30 venture philanthropy and impact investing experts in Latin America, Europe,
Africa, India, Southeast Asia and China work together with an engaged board.
Our investment themes
 Education
 Agriculture
 Health
 Energy
 ICT
How can we be a partner?
 Customize implementation of your impact investment
 Advise in developing your personal impact investing profile
“All human beings should be able to live under
dignified conditions and be given a fair chance
for personal development in their lives.
Wealthy individuals have an economic, political and moral
responsibility to champion the cause of disadvantaged persons. In
developing countries in particular, the scale of poverty is alarming
and the need for help is great. There are limits to the contributions
that governments and development agencies can make.
This means that helping the disadvantaged in developing countries
and assisting social advancement is also a challenge for the
private sector. In this respect, it is vital that the invested financial
resources generate a high and sustainable social return and do not
create any false or unnecessary dependencies nor distort local
markets.”
H.S.H. Prince Max von und zu Liechtenstein
CEO LGT, Member of LGT Venture Philanthropy Foundation Board
2
LGT Venture Philanthropy: Our challenge
Over 2 billion people live on less than 2 USD a day –
they need solutions that are scalable and sustainable
2.2 billion people live on less than USD 2 a day.
8% of the world’s population owns 80% of the world’s total wealth.
The gap is widening. We strive to narrow it.
3
LGT Venture Philanthropy: Our approach
We support organizations and enterprises with scalable
solutions to social and environmental challenges
Applying a venture capital / private equity approach, we provide more than just financing to our portfolio
organizations: management know-how and access to relevant networks can be even more important to achieving
sustainable growth.
“We want to be as efficient
and transparent as possible in
our impact investing and
venture philanthropy efforts.
With this objective in mind we
have applied many proven
principles and processes from
the venture capital and
consulting industry to our
approach.”
H.S.H. Prince Max von und zu
Liechtenstein
Focus on few portfolio
organizations
Optimization
of long-term social &
environmental return
Continuous
controlling of portfolio
organizations
Young, rapidly
growing organizations
Approach
Long-term
engagement
Financing combined with
management know-how
and access to networks
Intense local due
diligence to build
knowledge and
relationship
Tailored financing: equity,
debt
and grants
4
LGT Venture Philanthropy: Our active portfolio
Our active portfolio creates high social and environmental
impact across six world regions and five main thematic areas
all values in million USD
Total capital committed per region
6%
23%
China
SEA
Global
UK
Africa
India
LatAm
20%
22%
29%
Total cumulative capital committed to LGT VP since inception 2007
58.4
Total capital committed IVUK Fund (GBP 35.95m )
54.2
Total capital committed to portfolio organizations since inception 2007
54.4
A - Total capital committed – active portfolio
3%
47%
16%
16%
Others
Agriculture
Energy
ICT
Education
Health
46.8
A.1 - Total capital committed but not yet invested in active portfolio
2.9
A.2 - Total capital invested in active portfolio
43.9
A.2.1 - Total capital invested in organizations in expansion stage
42.8
Grants (incl. iCats program)
7.1
Debt
6.9
Total capital committed per thematic area
11%
7%
112.6
Total capital commited to LGTVP Foundation
Convertible Debt
9.9
Equity
18.9
A.2.2 - Total capital invested in organizations in early stage phase
0.6
A.2.3 - Total capital invested from EDP (Employee Donation Program)
0.4
B - Total capital committed - closed engagements
7.7
Breakdow n total capital committed to portfolio organizations by source
54.4
Capital from LGTVP Foundation
40.3
Capital from clients
13.7
Capital from LGT Employees
0.4
% of client commitment of total committed capital
Total capital committed per type of funding
25%
Total number of organizations supported since 2007
51
Total number of active portfolio organizations
31
Total number of organizations in expansion phase
22%
17%
18%
43%
Grant
Debt
Equity
Convertible Debt
21
Total number of organizations in early stage phase
10
Total number of closed engagements
20*
Average investment size
Average investment size in expansion phase
USD 2,200,000
Average investment site in early stage phase
USD 115,000
Watchlist
Total number of deals on watchlist that require close monitoring
% of total portfolio
9
29%
5
LGT Venture Philanthropy: Our active portfolio
With engagements across 6 world regions and 5 thematic areas
we have gained significant experience in global impact investing
Education
Regions with activity and networks
Health
Energy
Agriculture
ICT
LGT Venture Philanthropy: Overview of our active portfolio organizations
Active global portfolio by themes and business model
Education
Health
Energy
For-profit organizations
For-profit organizations
For-profit organizations
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 Husk Power Systems (India)
 M-KOPA Solar (Kenya)
 One Renewable Energy Enterprise
(Philippines)
Bridge International Academies (Africa)
Enseña Chile (Chile)
Lumni (Columbia)
New Heaven Partnership (Thailand)
Rags2Riches (Phillipines)
Tòhe (Vietnam)
Varthana (India)
Big White Wall (UK)
Bive (Colombia)
Dr. Consulta (Brazil)
MyDentist (India)
Unforgettable (UK)
Non-profit organizations
 mothers2mothers (Africa)
Non-profit organizations
 Aangan Trust (India)
 Educate Girls (India)
Additional UK themes
Agriculture
ICT
Housing & Shelter
For-profit organizations
Non-profit organizations
For-profit organizations
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 Institute of Public & Environmental
Affairs (China)
 Homes for Good
ACRE (Kenya)
Driptech (India, China)
Ecolink (Vietnam)
Grassroots Innovation Co. (Thailand)
Hilltribe Organics (Thailand)
Kakoa (Indonesia)
Kennemer Foods Int. (Philippines)
Mukatri (Colombia)
Shangrila Farms (China)
Sugruvi (Philippines)
Employment & Skills
For-profit organizations
 K10
7
LGT Venture Philanthropy: Case studies from our portfolio (1/3)
M-KOPA Solar makes clean
energy affordable to low income households
ENGAGEMENT OF LGT VENTURE PHILANTHROPY (since 2011)
 USD 500’000 debt and USD 37’500 equity investment to fund roll-out of M-KOPA’s
inaugural commercial product targeting low-income households
 USD 1m in debt funding from LGT VP clients towards M-KOPA’s working capital
requirements.
 Follow-up USD 8m investment (Series D) funding from LGT VP to facilitate roll out new
products and finance entry into new markets across the region.
 3 ICats Fellows were matched to work for 11 months, full-time in Nairobi on
Engineering, Sales & Marketing, IT
 Access to LGT VP’s network, the LGT Employee Donation Program and other
alternative funding resources, as well as ongoing mentoring support
PROBLEM
IMPACT
 Over 63% of Sub-Saharan Africa’s population are rural, lower-end consumers with
small inconsistent incomes/revenue streams. These masses can barely afford basic
goods and services but nevertheless spend up to 70% of their income on inefficient,
low-quality goods
M-KOPA aims to reach over 1 million low income households in the upcoming years by
providing affordable, fume-free, uninterrupted electricity through M-KOPA home solar
systems.
 For example, about 110 million households across Africa spend USD 160 or more
annually on kerosene for lighting despite the poor quality of light provided by
kerosene lamps alongside the related health risks of smoke fumes
IMPACT REACH
2012
2013
2014
2015e
# (TSD) of household members with access
to M-KOPA Solar Home System
19.8
271.8
540.4
1120
% of clients living below USD 2 p.d.
n/a
66%
81%
>50%
1
2
3
3
# of active countries
SOLUTIONS
IMPACT DEPTH
 M-KOPA Solar targets low-income consumers, enabling them to purchase productive
assets like solar systems through an affordable and convenient pay-per-use system
that matches their income and expenditure patterns
 Increase in disposable income: Households are saving an avg. 347 KSH p.w. on
kerosene, paying someone to charge their phones and buying radio batteries. In
addition, some households generate income through getting paid by others to charge
their mobile phones
 M-KOPA Solar’s inaugural product, a home solar system, seeks to address the energy
needs of low-income households. The home solar system will enable households to
charge radios, torches and mobile phones without incurring additional costs.
Households also have options to increase additional bulbs in the provided systems
 Ownership of assets: Low-income clients can afford to buy a solar home systems from
savings generated through replacing expensive sources of energy like kerosene
 Increasing safety: Clients feel safer due to better lighting at night, not using kerosene,
having a charged mobile phone and a detachable torch to light way
 Reducing environmental pollution: The burning of kerosene is a major pollutant that
contributes to global warming through the omission of CO2
8
LGT Venture Philanthropy: Case studies from our portfolio (1/3)
How LGT Venture Philanthropy contributes to M-KOPA‘s growth
Impact (# units sold)
Due Diligence
250K
Implementation
Early phase
Expansion
200K
150K
100K
50K
M-KOPA’s
application to
LGT VP
Tailored
financing*
On-site
support
2012
2011
LGT VP’s equity and
debt investment
Permanent on-site support
from IM LGT VP Africa
Transparency
Highlights
Client debt co-investments
ICats No. 1 & 2: Mairead, Legal & Strategy,
Anna-Marie, Product Development
Preliminary Review
& Investment Memo
2013
Quarterly Report
Q3/12
Commercial launch
of first solar home
system M-KOPA I
2014
One debt
tranche
fully repaid
LGT VP’s
debt
investment
Time
2015
LGT VP is lead investor
for equity and debt
investment series
ICat No. 3: Rasto, Lead
Systems Engineer
Half-year Report
Q2/2013
Annual Report
2013
100K solar
units sold
Launch M-KOPA
III with Safaricom
250K solar
units sold
* all numbers in USD
Impact targets
• 1 million units sold by 2018
• 1’450 agent distributors
• 5 program countries
9
LGT Venture Philanthropy: Case studies from our portfolio (2/3)
Educate Girls increases
school attendance and learning outcomes of children
ENGAGEMENT OF LGT VENTURE PHILANTHROPY (since 2010)
 Grant of USD 500’000 for expansion to one additional district of Jalore
 Client grants of USD 1.3m for recruitments, operational costs and to expand
into additional 3 districts
 7 ICats Fellows matched to work for 11 months, full-time in Mumbai on
marketing/communication, partner mgmt. and growth strategy
 Access to LGT VP’s network, the LGT Employee Donation Program and other
alternative funding resources, as well as ongoing mentoring support
IMPACT
PROBLEM
 India has the world’s largest illiterate population - women and girls in rural
areas are especially affected
 Poverty is one cause, but more importantly, cultural and social barriers, bad
quality of education and inadequate infrastructure (such as lack of toilets)
keep many parents from sending their children - especially girls - to school
SOLUTION
 Educate Girls (EG) works towards increasing the enrollment of girls in schools
by identifying out-of-school girls through a door-to-door survey or secondary
research. EG then mobilizes communities and makes them aware of the
necessity of sending girls to school
 EG partners with other organizations to create better pedagogy and creative
learning methodologies to improve education quality and learning outcomes
 EG trains public school teachers and appoints para-teachers to enhance
quality of teaching and improve retention in schools
 EG also trains local community members who liaise with the government to
seek funds and implement projects to improve school infrastructure
By 2018, 4 million out-of-school children, especially girls, will have an
opportunity to a better life through EG's initiatives of empowering girls in
villages, educating communities on importance of girls education and improving
infrastructure and teaching quality in public schools.
IMPACT REACH
2010/11
2013/14
2014/15
2015/16e
# of children reached
250’450
567’812
1’111’068
941’125
# of girls newly enrolled
14’093
22’915
55’596
58’550
# of schools
2342
6130
8807
7695
# of districts
1
3
6
7
IMPACT DEPTH
 Quality education: Improved access to quality education strengthens
cognitive capacity and the ability to think independently, form own opinions
and make the right decisions for girl’s future lives
 Health improvements: Families with educated girls experience improved
health and lower child mortality as shown by research of UN/World Bank
 Inclusion, equality and tolerance: Families with educated girls benefit from an
increased social cohesion, higher gender equality and religious tolerance
 Poverty reduction: Educated girls and boys are likely to get better jobs and
therefore help their families break out of the cycle of extreme poverty
10
LGT Venture Philanthropy: Case studies from our portfolio (2/3)
How LGT Venture Philanthropy contributes to Educate Girls’ growth (actual)
Impact (#out-of-school girls enrolled)
1M
Due Diligence
Early phase
Implementation
Expansion
750K
500K
250K
Educate Girl’s
application to
LGT VP
2012
2011
Tailored
financing
On-site
support
Transparency
Highlights
Client grants from 2012
until 2014
LGT VP grant in three
tranches in 2011/12
ICat No. 1: Nadine, PR
& Communications
2013
Permanent on-site support
by IM LGT VP India
ICats No. 2 & 3: Louise &
Alexander,
Communications
2014
2015
Leveraged additional
funding from external
sources
ICats No. 5 & 6: David
ICat No. 4: Kyla,
& Camille, Program
Marketing &
expansion, Fund raising
Communications
Preliminary Review &
Investment Memo
Safeena Husain, Founder and Executive Director
of EG, wins the Stars Impact Award 2014 and the
Skoll Award for Social Entrepreneurship 2015
EG expands to
5000 schools in 3
districts
Qatar Foundation as new
lead investor – introduced
by LGT VP India
EG expands to
8252 schools in 6
districts
Impact targets
• Expand operations to 8 districts by 2016/17
• Reach 11K schools by 2016/17
• Reach 4m children by 2018
11
Time
LGT Venture Philanthropy: Case studies from our portfolio (3/3)
Dr.consulta provides high quality, low-cost
primary and minor secondary healthcare to low-income population
ENGAGEMENT OF LGT VENTURE PHILANTHROPY (since 2014)
 LGT VP invested USD 7.8m in dr.consulta to grow from 1 to 15 clinics by 2016
 The investment has been split in three tranches and adheres to fixed
milestones: two convertible notes of USD 2.1m (2014) and USD 4.2m (2015),
and a Series A investment of USD 3.7m (2016)
 Grant of USD 200k to pilot patient financing project with 2000 patients
 1 ICats Fellow was matched to work for 11 months, full-time with dr.consulta
in São Paulo on finance and fundraising
 Access to LGT VP’s network, the LGT Employee Donation Program and other
alternative funding resources, as well as ongoing mentoring support
PROBLEM
 75% of the Brazilian population (150m) relies purely on the public healthcare
system which is inefficiently managed, underfunded, and incapable of
providing quality healthcare services, e.g. scheduling a consultation
appointment can take 3-6 months
 Public day clinics are scarce and of very low quality. In Sao Paulo, for example,
there are only 16 public specialty care clinics available to serve 15m people
(~1 clinic for 1m people), which leads to overcrowded waiting rooms and
waiting times that are exceptionally long
 Without low cost quality healthcare services, the opportunity for poor
Brazilians to access quality healthcare services is reduced and the probability
to receive illness relieve is diminished
SOLUTION
Dr.consulta provides high quality, low-cost specialty healthcare and diagnostic
services to Brazil’s low to middle income population via a network of clinics that
offer 30 specialty care services, diagnostics and laboratory services
IMPACT
By 2020, dr.consulta aims to provide affordable healthcare to 1 million patients
per year through a network of 100 clinics. Patients, with 80% percent being
women and children, will have better access to quality healthcare services with
a focus on preventive care of most prevalent chronic diseases.
IMPACT REACH
# of served patients p.a.
% of satisfied patients
2013
2014
2015e
2016e
13’269
37’399
137’089
350’000
82%
97%
85%
85%
IMPACT DEPTH
 Better physical health: Individuals experience a better overall health due to 1)
modern examination and diagnosis services, b) timely consultations when sick
and c) dr.consulta’s focus on preventative healthcare
 Accessibility of health care: Patients are more likely to visit a doctor when
they are sick as 1) dr.consulta guarantees short waiting times and 2) clinics are
in close proximity of the peoples’ communities
 Affordability of quality health care: Patients benefit from low prices in
comparison to other private health clinics (avg. 63% cheaper than lower end
of benchmark prices according to national insurance plans and medical
associations). In addition, dr.consulta offers installment payments of up to 24
months
12
LGT Venture Philanthropy: Case studies from our portfolio (3/3)
How LGT Venture Philanthropy contributes
to dr.consulta’s growth (actual & expected)
Impact (# of served patients)
600K
Due Diligence
Early phase
Implementation
Expansion
400K
200K
Date of
application
to LGT VP
2014
2015
2016
Time
Tailored
financing
LGT VP’s 1st
debt tranche
LGT VP’s 2nd
debt tranche
LGT VP’s 3rd
debt tranche
Client grant
LGT VP’s 4th
debt tranche
Launch of Series B
to raise USD 30m
Use of
funding
Open 3 new
clinics
Open 1 new
clinic by eoy
Open 5 new
clinics in 2015
Healthcare
financing
15 open clinics
in total by eoy
Open 20 additional
clinics in 2016/17
Transparency
Highlights
Preliminary Review
& Investment Memo
Opening of
first clinic
Impact targets
• Vision: reducing the healthcare gap in Brazil
by 5% per year with a chain of 400 clinics
• Reach 1m low income patients by setting up
50 clinics until 2017
Half-year
report Q2/14
Milestones review
to trigger 3rd
tranche
Opening of clinic no. 7 /
ICat No. 1: Eliana, Finance Manager
13
LGT Venture Philanthropy: Our engagement spectrum
LGT Venture Philanthropy focuses both on
philanthropy and impact investing
Source: http://impactspace.org/category/impact-investing-101
14
LGT Venture Philanthropy: Our investment process
A multi-step investment process focuses on deep analysis to
enable LGT VP to select the best portfolio organizations
Process
Main
activities
5 – 10 years
Due Diligence 3-6 months
Timing
Deal sourcing
 Sourcing of
potential deals
 Information
exchange with
cooperation
partner/ reference
calls
 Stop-go decision
partners
Tools/
 Tracking database
Documents  Quick-screen
checklist
1 week – 3 months
Deal screening
Preliminary
review
 Screening of
organizational
information
 Gathering of basic
information
 Calls or first
meeting with
senior mgt
members of
portfolio
organization
 Stop-go decision
team/partners
 Evaluation of
business plan/
proposal
 Intensive
discussions with
senior mgt team
members of
portfolio
organization
 Stop-go decision
board/client
 Intensive on-site
due diligence
 Reference calls for
each management
team member of a
portfolio
organization
 KPI and milestones
determination
 Final investment
decision
board/client
 Continuous
support/meeting
(management
know-how and
networks)
 Each investment
manager covers on
average 5
investments,
spending min. 0.5
day/week with
each organization
 Exit options:
 MBO
 Sell to social
strategic buyer
 Sell to social
investor
 Exit is clarified
and agreed on
with the portfolio
organization
upon deal
execution (preinvestment)
 Factsheet (~5 pgs)
 Capabilities
Assessment (light)
 Preliminary Review
 Business, risk and
capabilities
assessment
 Depth and scale of
impact assessment
 Termsheet
 Investment Memo
(~20 pgs)
 Contract(s)
 Monthly reports
 Quarterly KPI
 Annual report
 Post investment
monitoring
 Business, risk and
capabilities
assessment
 Depth and scale of
Impact assessment
 Contract(s)
(~10 pgs)
Deal
execution
Portfolio
controlling &
reporting
Exit
15
LGT Venture Philanthropy: Our ICats Program
Connecting social enterprises in need of professional know-how with
experts looking for ways to apply their skills in a meaningful way
Situation
 Young social enterprises need additional know-how to grow their business and scale their impact
 Professionals are looking for jobs where they can apply their knowledge in a meaningful way
Complication
 Scarce financial resources and missing networks often prevent these enterprises from hiring talents
 Professionals struggle to find meaningful engagements that require their professional skill set
Solution
 The ICats Program connects social enterprises in need of professional know-how with experts who
have the desire to apply their knowledge in a meaningful way
 Experts stay for 11-14 months on the ground and work for a living stipend with the senior
management team of the social enterprise in order to build capacity and train their talents
Benefits
 Social enterprises enhance their management/operational excellence through skill development
and the exchange of experiences
 Professionals use their skills to create positive impact
 Personal and professional development of ICats Fellows empowers them to take on leading roles in
the sustainability sector
Track record & future impact
 Since 2007, 112 professionals joined the ICats Fellowship contributing to the increased quality of life
of less advantaged people around the world
16
LGT Venture Philanthropy: Impact Ventures UK
With Impact Ventures UK (IVUK) we have an award winning
social impact fund scaling purpose in the United Kingdom
Key facts

IVUK focuses on all UK regions and all UK sectors where social impact can be proven

First close at USD 31.6 m (GBP 20.8 m) in 2013, second close at USD 54.7 USD m (GBP 36.0 m) in 2014

Big Society Capital is a cornerstone investor with USD 15.2 m (GBP 10.0 m)

LGT VP invested USD 3.0 m (GBP 2.0 m) in the fund; the IVUK team provides management know-how and networks to the
selected social enterprises

Other investors include Anton Jurgens Fonds and Waltham Forest

The IVUK team shares co-investment opportunities, offers regular updates on its portfolio, and provides observations on the
social impact market in the UK

The IVUK team formed strategic partnerships with The University of Northampton, Wavelength, and GP Bullhound

IVUK was recognized with the “Product Innovation Award” by Private Asset Managers in March 2014
Portfolio investments

K10: Provides disadvantaged youngsters with an apprenticeship within the construction and non-construction/ corporate
sectors in London (Feb 2014)

Buddy App: A digital tool to support therapy services in the fields of mental health and well-being (Apr 2014)

Homes for Good: Scotland's first lettings agency to specialize in supporting low-income tenants (Aug 2014)

Big White Wall: A digital peer network for sufferers of non-acute mental health problems (Aug 2014)

Unforgettable: Unforgettable aims to become the ‘go-to’ resource for anyone affected by dementia (Jun 2015)
17
LGT Venture Philanthropy: Our client offering
We offer customized options to implement our client’s impact
investing/philanthropy engagement efficiently
Four main implementation options
Support portfolio
Selected organizations
1
2
Invest directly into a
selected organization
from LGT VP’s portfolio
You
want to
invest?
3
You
want to
donate?
Invest into a fund that
invests into LGT VP’s
portfolio organizations
4
Donate directly to a
selected organization
from LGT VP’s portfolio
Donate to one of LGT
VP’s charitable
foundations
18
LGT Venture Philanthropy: Our strengths
A strong partner for customized impact investing
Long-term
 LGT Venture Philanthropy is a long-term commitment of the Princely Family of Liechtenstein
 We look for long-term impact, not quick, unsustainable solutions
Individual
 Your personal impact investing/philanthropy preference is at the core of our work
 We offer customized implementation options and personal reporting for each client
Competent
 Our team and board have combined experience in finance, management consulting and impact
investing/philanthropy
 We are known for the depth of our due diligence and the intensive engagement while investing
 We build on the experience and proven processes established while working for the Princely Family
 We can access expert knowledge in HR, accounting, marketing, legal department and asset management at
the LGT Group
Like-minded
 The Princely Family has founded LGT Venture Philanthropy to set up efficient and transparent processes and
a competent team for their own impact investing/philanthropic engagement
 Since 2007, the Princely Family and other clients have committed USD 55m through LGT Venture
Philanthropy to best-in-class social enterprises
Local & Global
 Our team members are locals; they live and work in six regions across the globe
 We monitor each engagement locally to ensure efficient use of resources
 We have a low cost structure through fair local salaries
19
LGT Venture Philanthropy: Our team
Our global team is based in six regions and passionate about
creating societal impact
Board members
Countries with local
teams and board
■ LGT Venture Philanthropy (LGT VP) is supported administratively by different competence centers within LGT such as legal department, HR,
accounting, marketing and asset management.
■ LGT is the largest private wealth & asset management group in Europe that is entirely owned as a family business. The LGT Group Foundation
(including LGT VP) is wholly owned by the Prince of Liechtenstein Foundation, and has a strong global presence with around 2148 employees in
more than 22 locations in Europe, Asia and the Middle East, with assets under management of USD 131.0 bn (as at Jun 30st, 2015).
20
LGT Venture Philanthropy: Our team
Our multinational team with complementary skills and
backgrounds is passionate about creating positive impact
Senior Management
Oliver Karius
Partner
2007 (14.5 yrs)1
SAM, Dow Jones
Sustainability Index, F&C,
Forma Futura, MunichRe
LGT Venture Philanthropy Foundation Board
Raf Goovaerts
Partner
2013 (14 yrs)
Dr. Alexander Leeb*
Chairman: Plansee,
Leder&Schuh Intl.,
LGT Venture
Philanthropy
Former Chairman:
BCG Asia
HSH Prince Max
of Liechtenstein*
CEO, LGT Group
Elliott Donnelley
Reynir Indahl
Dr. Erik Müller*
Stefan Kalmund
Founder/
Managing Partner,
White Sand
Investors Group
Partner with Altor
Equity Partners
Member of
Executive Board,
First Advisory
Group
Managing Director
of the Kalmund
Family Office
Investment Management (based in their region)
Juan Carlos Moreno
Latin America
2009 (11 yrs)
Graham Day
Latin America
2013 (7 yrs)
Client Advisory
Helena Hasselmann Samuel Senyimba
Africa
Latin America
2009 (8.5 yrs)
2015 (10.5 yrs)
Winnie Mwangi
Africa
2015
Beatrice Gitu
Africa
2015
Dr. Katharina
Sommerrock
2013 (8 yrs)
Alexander
Brunner
2014 (12 yrs)
Impact, Talent & Operations
Inderpreet Chawla
India
2010 (11.5 yrs)
Rajat Aurora
India
2012 (6.5 yrs)
En Lee
Southeast Asia
2013 (12 yrs)
Veselina Kertikova
Southeast Asia
2015 (8 yrs)
David Soukhasing
Southeast Asia
2014 (8 yrs)
Crystal Ding
China
2010 (8 yrs)
Tom Kagerer
COO
2010 (10 yrs)
Dr. Marc Moser
2014 (4 yrs)
Investment Controlling
José Carlos Carvalho
2013 (11 yrs)
Marketing &
Communications
Natija Dolic
2009 (7 yrs)
Office Management
Susie Arnott
UK
2014 (15 yrs)
1 Year
Shantanu Bhagwat
UK
2015 (5 yrs)
Chris Hunter
UK
2014 (8 yrs)
Jennifer Webb
UK
2014 (5 yrs)
Lucy Inmonger
UK
2015 (6 yrs)
joined LGT Venture Philanthropy (years of relevant experience prior to joining)
* Board member of Impact Ventures S.A., SICAV-SIF
Shishir Malhotra
UK
2014 (1 yr)
Jared Tausz
UK
2015 (5 yrs)
Faye Forster
2015
Luci Athanassiou
2012 (3.5 yrs)
Harriet Simon
2015 (28 yrs)
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LGT Venture Philanthropy: Our recognitions
We have been internationally recognized for our impact
investing work, philanthropy offering, and the IVUK fund
Most Impactful Funder / Social Enterprise 2015
Together with our portfolio organization Kennemer Foods International we won
the Singapore Venture Capital & Private Equity Association (SVCA) Award
Best Social Impact Investor 2014
Sustainable Investment Awards by Investment Week
Outstanding Philanthropy Offering 2014
Highly Commended, Global Wealth Award by Private Banker International
Product Innovation Award 2014
for the Impact Ventures UK fund by Private Asset Managers
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LGT Venture Philanthropy: Contact information
It all starts with a personal conversation. Contact us to arrange a
meeting. We are looking forward to meeting you.
Natija Dolić
Head of Marketing & Communications
Phone: +41 44 256 8120
Email: natija.dolic@lgtvp.com
Website: www.lgtvp.com
Support
LGT Venture Philanthropy is funded through substantial contributions from each of the following LGT Group companies: LGT Bank Ltd., LGT Bank
(Switzerland) Ltd., LGT Bank (Austria) AG, LGT Bank (Singapore) Ltd., LGT (Middle East) Ltd., and LGT Capital Partners Ltd.
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Disclaimer
This publication is produced by LGT Venture Philanthropy, the Venture Philanthropy and Impact Investing department of LGT Bank
(Switzerland) Ltd. (hereafter LGT VP).
The contents of this publication have been prepared by our staff and are based on sources of information we consider to be reliable.
However, we cannot provide any undertaking or guarantee as to it being correct, complete and up to date. The circumstances and principles
to which the information contained in this publication relates may change at any time. Once published, therefore, the information shall not
be understood as implying that no change has taken place since publication or that it is still up to date. The information in this publication
does not constitute an aid for decision-making in relation to financial, legal, tax or other consulting matters, or should decisions be made on
the basis of this information alone. It is recommended that advice be obtained from a qualified expert. We disclaim without qualification all
liability for any loss or damage of any kind, whether direct, indirect or consequential, which may be incurred through the use of this
publication.
Venture philanthropy is an approach to philanthropic giving that uses concepts and techniques from the venture capital industry to build
strong social organizations by providing them with both financial (grants and high-risk impact investments) and non-financial support in
order to increase their societal impact. Impact investments, as an approach, are high-risk investments made into companies and
organizations with the intention to generate social and environmental impact (“Impact Investing”). Impact Investing has the character of a
high risk investment and therefore entails the risk of a total loss of an investment. It often also means to engage in emerging markets,
i.e. in jurisdictions which may not be politically, financially or organizationally stable. Therefore the influence on an investment can be
substantially restricted and not guaranteed.
Copyrights
 Icons: http://www.flaticon.com
 Graph (page 4): http://impactspace.org
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