Growth Debt Fund
Tradition Meets Future is initiating the TMF Technology Growth Debt Fund Europe I, a direct lending fund that provides growth debt financing to tech-enabled, fast-growing European companies.
The fund’s unique selling points include support for entrepreneurs with self-financed (“boot-strapped”) companies and investments in hardware to facilitate the transition to a more circular economy.
For Tradition Meets Future, sustainability and ESG criteria are an integral part of risk management and represent key aspects of the credit covenants.
This fund is therefore designed to provide debt financing to European companies that adhere to strict Environmental, Social and Governance (ESG) criteria.
If you would like to find out more about the investment opportunities:
Sustainability Framework:
- TMF’s Sustainability Framework contributes to the objectives of the European Green Deal.
- Our ESG analysis substantiates the sustainability of a business model and is therefore an integral part of TMF’s risk management.
- For our borrowers to successfully pursue their growth strategies, solid governance must be in place.
- Our ESG analysis gives particular weighting to governance and focuses on incentives to meet E&S criteria.
- In accordance with the United Nations’ Sustainable Development Goals all our borrowers must contribute towards at least one goal.
- TMF uses three ESG covenants to promote the transition towards a more sustainable economic system: covenant breaches are penalized through compulsory donations to foundations that are dedicated to achieving these objectives.
TMF Growth shall not provide financing to companies whose business activity consists of:
- The financing and production of, and trade in, weapons and ammunition of any kind
- The production of, and trade in, tobacco, distilled alcoholic beverages, other non-alcoholic recreational drugs and related products
- Oil and gas or metals and mining exploration, extraction or operations
- The financing and production of nuclear energy
- Gambling and Pornography
- Any activity that violates human rights or animal dignity
- Any illegal economic activity