MainStreet Partners has history of innovation by pushing the boundaries of impact investing to new strategies and solutions without compromising its mission to combine social, environmental and financial results. The company is also involved in various industry groups, including the United Nations Principles of Responsible Investment, the G8 Social Impact Investment Taskforce, the MSCI Thought Leaders Council on Impact Investing and a member of the Green Bond Principles.
The idea for MainStreet Partners was born on a biking trip across South America. Witnessing the region’s poverty and lack of development prompted Rodolfo Fracassi and Andrea Carati to think if there was a better use of their asset management experience. Once back to Europe in the summer of 2008, they founded MainStreet Partners as an investment company dedicated to impact and sustainable investments.
MainStreet Partners approached the largest Foundation in Italy – Cariplo Foundation – and other leading asset owners to launch Microfinance 1, a close-ended fund focused on the Micro and SME finance sector in emerging and frontier markets. Microfinance 1 is currently managed in partnership with Green Arrow Capital SGR, one of the largest private equity firms in Italy.
Building on the successful first three years, in 2011 MainStreet Partners evolved into a regulated investment company and opened its London office.
Partnering with Sella SGR, the asset management company of the Banca Sella Group, MainStreet Partners launched an open-ended global balanced impact fund that has been listed on the Milan Stock Exchange.
With Green Arrow Capital SGR and FundPartners Solutions (part of the Pictet Group), MainStreet Partners launched the first open-ended fund investing in publicly traded financial institutions that serve micro-small-medium enterprises in emerging and frontier markets.
Partnering with Intesa Sanpaolo Private Banking and Fideuram Investimenti SGR, MainStreet Partners launched two geographically diversified investment services for HNWI and asset owners. Portfolios are invested in sustainable funds and companies aligned with the United Nations’ Sustainable Development Goals (SDGs).
MainStreet Partners becomes Investment Advisor of the Science 4 Life fund, managed by Euromobiliare Asset Management SGR, following a globally diversified balanced strategy to invest in companies that target financial returns and well-being for people and the environment, with a focus on advanced treatments, healthy food, clean energy, sustainable infrastructure and resource management.
MainStreet Partners becomes Investment Advisor to Banca Generali to evaluate the level of sustainability, alignment to SDGs and social/environmental results of all the ESG funds available on the Bank’s platform for distribution and portfolio construction. In addition to this service, MainStreet advises the Banks’ ESG discretionary portfolios which are implemented via sustainable funds and securities and aligned with the SDGs. With this partnership, sustainability factors are fully integrated in the investment process, portfolio construction and advice delivered to clients.