- Two former JP Morgan credit bankers launched a new impact investment advisory firm focused on emerging market infrastructure.
- The firm aims to help address the World Bank's estimated need for $1 trillion in annual investment in emerging market infrastructure.
- ImpactA will provide the first 5% to 15% of debt for projects worth about $100 million to $300 million.
Ex-JPMorgan bankers start emerging market infrastructure investment firm
Two former JP Morgan credit bankers on Monday launched a new impact investment advisory firm focused on emerging market infrastructure, with a minority stake by British insurer Legal & General's alternative investments arm.
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