Stamford, CT, USA
May 11, 2022
Developing World Markets, a leading U.S.-based impact investing firm with more than 20 years of experience in deploying capital in the emerging and frontier markets to address social, environmental, and economic needs, is pleased to announce the appointment of Aditya Kumar to head its debt strategy in South & Southeast Asia (“SSEA”).
As SSEA Senior Regional Representative, Aditya will lead DWM’s private debt strategy in the region and have management responsibility for the growing team based in New Delhi, India. On an interim basis, he will also oversee debt investments across Africa & Middle East, the fastest growing region for DWM’s managed and advised private debt funds.
Aditya started his career in corporate banking at Rabobank International covering a variety of clients in the agriculture, food & beverage, and pharmaceutical industries throughout Asia. Prior to joining DWM, he spent nearly a decade at responsAbility Investments AG (“responsAbility”), where he held various positions, including senior investment officer for SSEA, and most recently co-head of financial institutions (“FI”) investments for the Global Climate Partnership Fund based out of responsAbility’s Nairobi office. His role included sourcing, structuring, and executing FI climate transactions across global emerging markets.
Aditya is an alumnus of India Institute of Management Ahmedabad and India Institute of Technology Kharagpur.
Founded in 1994, Developing World Markets (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 originated and managed 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