Jonathan Smith discusses the role of impact in private debt with PDI – LGT Capital Partners

Direct lenders can play a crucial role in supporting companies to create measurable, long-term impact. In an interview published in Private Debt Investor (PDI), Jonathan Smith, Principal at LGT Capital Partners, shares insights into how the firm approaches impact investing within its private debt strategy.

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... As demand grows for investments that deliver both financial returns and positive environmental and social outcomes, private debt can offer direct lenders the opportunity to support companies in navigating their impact journey.

In the interview, Jonathan talks about how LGT Capital Partners has developed a structured approach in impact private debt, with a focus on climate action, inclusive growth and healthcare. “Our priority is to achieve authentic, measurable impact without compromising on returns,” says Jonathan. “By engaging closely with portfolio companies, we help to set ambitious KPIs, incentivise progress and drive meaningful change at both company and industry level.”

The interview highlights several examples from LGT Capital Partners’ Impact Private Debt portfolio, and outlines how robust governance, third-party validation and strong partnerships – both internal and external – are essential for achieving lasting impact. 

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