Spain's Banco Santander and (RED) launch new social investment fund

On November 10, 2022, Banco Santander, a Spanish financial services company, and (RED), a division of the ONE Campaign, announced the launch of the ‘Santander Prosperity’ social investment fund.

Aimed at fostering the global fight against HIV/AIDS and advancing pandemic preparedness and response standards worldwide, the new equity fund will focus investments in health, food security, and education. In addition, at least 30% of the revenue of the companies in the fund portfolio will come from activities directly related to the Sustainable Development Goals.

Santander will donate 15% of its ‘Santander Prosperity’ fund’s management fee to (RED) to contribute to the global response against HIV/AIDS and other pandemics.

News article – Banco Santander (in Spanish)