Ashurst Guides Calvert Impact in Climate, Gender Funds

Global law firm Ashurst has provided pro bono legal support to Calvert Impact Capital, Inc., a subsidiary of leading US-based impact investing firm Calvert Impact, in connection with its investments in responsAbility Asia Climate Fund SICAV-RAIF and Global Gender-Smart Fund S.A., SICAV-SIF.

Marc Hirtz, Counsel, and Stella Rante, Associate, advised on Luxembourg legal matters, including the review of fund documentation. This engagement reflects Ashurst's commitment to leveraging its legal expertise pro bono to advance sustainable finance and inclusive economic growth.

Calvert Impact is a global impact investment firm that directs private capital to opportunities that create social and environmental impact. With a 30+ year track record, Calvert Impact is known for creating accessible, mission-driven investment products that enable both individual and institutional investors to support communities and sectors that have traditionally struggled to attract mainstream financing.

"Ashurst is proud to contribute to the development of impact investments, especially CO₂-reduction and gender equality via its pro bono services. It matters to us to act as legal counsel where it can accelerate impact. We look forward to supporting Calvert Impact Capital again," said Marc Hirtz, Counsel at Ashurst in Luxembourg.

"Ashurst's pro bono counsel was instrumental in closing two investments that further our mission of achieving a more equitable and sustainable world. We are pleased to continue working with Ashurst to expand our impact," said Rob Brecht, Associate General Counsel at Calvert Impact.

About Ashurst Pro Bono

At Ashurst, we take seriously our professional responsibility to ensure that people have access to justice, regardless of their means. Our global pro bono practice partners with nonprofits, social enterprises, and impact investors to address pressing social and environmental challenges and support people facing disadvantage and marginalisation. By mobilizing our cross-border legal capabilities in support of mission-driven organizations, we help scale solutions that deliver measurable, sustainable impact.

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