Private debt is a large asset class in emerging markets, raising a record USD 9.4 billion in 2018. Private debt is also the largest asset class in impact investing, accounting for 37% of all investments, including both market and below market rate.
The Financial Inclusion Fund (formerly Institutional Microfinance Fund III) is the third-generation financial inclusion fund offered by ACTIAM and Developing World Markets (DWM), raising debt capital from institutional investors to provide financing to financial inclusion institutions (FIIs) across emerging markets, with expected market-rate returns. Investments are de-risked through ACTIAM’s FII selection approach and active support to FIIs.
The Global Sustainable Income Fund II is the second closed-end private debt fund managed by TriLinc Global Advisors. It provides private term loans and trade finance loans to small and medium-sized enterprises across emerging markets to create trade and economic growth through access to finance.