Founded in 2009, GAWA Capital is the leading impact investing advisory firm in Spain. We seek to improve the lives of low-income communities by promoting investment in social enterprises, whilst also providing a financial return to investors. Since its inception, GAWA has pioneered the introduction of the impact investing asset class in Spain, having launched three funds, in addition to advising a third-party fund – Magallanes Impacto FIL. Each of these funds invests equity and debt in developing countries, in companies focused on providing market-based solutions to key societal issues such as poverty. To date, GAWA has managed and advised over EUR 204 million, with investments in 16 countries and a positive track record of 6.34% annual IRR to investors in our first fund.