New offering enhances BlackRock’s impact platform to help interested clients translate impact objectives into investable portfolios.
AMSTERDAM, 23 July 2026 – BlackRock today announced a collaboration with PCG Impact, the advisory arm of Amsterdam-founded impact investing specialist Phenix Capital Group, to help interested clients build and manage impact portfolios that seek to generate sustainable outcomes alongside financial returns. The collaboration brings together BlackRock’s expertise in portfolio construction, implementation, risk management and oversight with PCG Impact’s specialist research on more than 3,000 impact fund managers globally, plus its advisory and reporting capabilities.1 The offering is available to institutional investors, including pension funds, family offices, endowments and foundations, through both Outsourced Chief Investment Officer (‘OCIO’) portfolios and custom impact mandates.
According to the Global Impact Investing Network (GIIN), impact investing assets sit at around $1.6 trillion globally, and client demand has continued to grow.2 As the impact market matures, many institutional investors are seeking impact investments with measurable sustainability-related outcomes, credible reporting and the same governance and performance standards they apply to the rest of their portfolio. Meeting those needs requires access to specialist opportunities, strong manager research and a flexible portfolio approach that can reflect each client’s financial and impact objectives.
Through a single, integrated framework – supported by BlackRock’s proprietary risk platform, Aladdin® – investors can now access a broader universe of impact opportunities while benefiting from end-to-end portfolio design, implementation, monitoring and robust reporting. The collaboration helps clients define impact objectives and investment parameters, identify suitable strategies across asset classes, and embed reporting within existing governance frameworks.
Sarju Mehta, Head of Investment Solutions for Europe at BlackRock, said: “A growing number of clients, particularly in Europe, want to pursue impact objectives alongside long-term financial returns. Through this collaboration with PCG Impact, we are combining our firms’ strengths to help interested investors access a broader universe of opportunities and build portfolios designed to make an impact over time.”
Monique Donders, Country Manager of BlackRock in the Netherlands, said: “Dutch investors have long been leaders in outcomes-based investing, but translating impact goals into portfolios can be complex. Investors need specialist insight, clear reporting and a portfolio approach that reflects both their financial and impact objectives. We are pleased to collaborate with PCG Impact, a local partner with a long track record in impact investing, to help clients put their objectives to work through BlackRock’s fiduciary platform.”
Dirk Meuleman, CEO of PCG Impact, said: “We are delighted to collaborate with BlackRock. PCG Impact complements BlackRock’s existing impact capabilities with specialist market intelligence, manager research and reporting capabilities. Combined with BlackRock’s global client reach and investment expertise, this creates a compelling model for institutional investors seeking access to a broader universe of impact opportunities and the expertise needed to assess and monitor them. PCG Impact was founded to make institutional impact investing work at scale and this is exactly what this new offering will do.”
BlackRock is one of the global leaders in investment, advisory and risk management solutions. On behalf of clients, BlackRock manages $1.3 trillion in sustainable and transition assets. The firm currently manages more than $400 billion in OCIO assets globally and has been managing OCIO mandates for more than 20 years.3
About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.
About PCG Impact
PCG Impact is the advisory arm of Phenix Capital Group, a pioneer in impact investing for investors since 2012 building a unique ecosystem and intelligence. Since 2020, our advisory and fund selection services have become a core pillar of the company. Our mission is to empower investors to integrate mission-aligned impact investment strategies into their portfolios, delivering measurable social and environmental outcomes alongside financial performance. For more information on PCG Impact visit www.pcgimpact.com.
