New York & Stamford, CT, USA
Aug 2, 2022
Leading global impact investment firm Developing World Markets (DWM), an investment manager with more than two decades of experience and a pioneer in modern impact investing, has opened a new office in Tbilisi, Georgia. DWM’s new, on- the-ground presence in a strategically valuable region reflects the firm’s deep commitment to Central Asia and the Caucasus.
“We chose Georgia as part of our larger strategy to expand our presence in the regions where we invest,” said Co-Managing Partner Edward Marshall. “We have a 15-year history investing in Georgia and the broader region, and our investment portfolio in the region is growing. Opening this office is a logical extension of our investment activities and reflective of our commitment to the region.”
Founded in 1994, DWM seeks investible solutions that sustainably address the social, environmental, and economic needs of the developing world. DWM began impact investing in 1999 and shifted exclusively to impact in 2007. DWM has more than two decades of experience in emerging and frontier markets. Through DWM Asset Management, LLC, the firm’s SEC-registered investment adviser, DWM has invested more than $2.2 billion of private debt and private equity in impact-oriented enterprises, including more than 900 loan disbursements and 25 private equity stakes in more than 70 emerging and frontier countries.
Paul Lim, BackBay Communications