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Emma Steele

Emma heads up Ascension’s impact funds, immersed in sector verticals and business models with potential for both commercial and impact returns at scale. Amongst her responsibilities she manages the fundraising, deployment and portfolio management for our new flagship impact fund Ascension’s Fund III.Ascension Fund III is a £50 million fund backing the most talented founders leveraging tech to build more resilient societies by tackling the cost of living crisis.

She also spearheaded the deployment strategy for Fair By Design and Good Food Funds across Fintech/Insurtech (improving financial inclusion), Energy (reducing costs), Transport and Food (helping healthy and affordable food environments to scale).

Prior to joining Ascension in January 2018, Emma spent some time in the charity sector at Eastside Primetimers, progressing the sustainability of charity revenue models and encouraging social investment in the sector. Prior to that, she spent five and a half years in the corporate banking division of Santander UK as a Credit Partner in the Large Corporates team and Associate Director in the Healthcare Finance team.

Emma holds an MSc in Development Economics from the University of Sussex and a BSc in Philosophy, Politics & Economics from the University of Warwick.

Emma is French and English and grew up in France before heading to University in the UK. When she isn’t thinking about how impact investing can rule the world, Emma loves sharing her time between her foodie interests, improving at yoga and planning her next travelling adventures.