Stamford, CT, USA
Jul 12, 2016
U.S. based investment manager, Developing World Markets (DWM), has surpassed $1 billion in fixed income, impact investments. To support transparency in the rapidly evolving impact investing field, DWM is marking this milestone by releasing details on each of its more than 450 privately negotiated loans to socially positive financial institutions across over 40 developing countries.
DWM’s loans, ranging from $250,000 to $25 million, have financed more than 150 inclusive financial institutions across five continents supporting, we believe, over a million micro-entrepreneurs, farmers and small business owners and employees. The loans are primarily senior and unsecured. DWM has also negotiated secured, subordinated and convertible loans, as well as deposits and bonds. The investments are denominated in USD, EUR, local currencies and exotics such as Cambodian Riel and Tanzanian Shilling. In alignment with the United Nations’ Sustainable Development Goals, 46% of DWM’s debt investments are in financial institutions whose primary clients are women and many support rural small holder agriculture.
About Developing World Markets
Founded in 1994, as an investment manager exclusively focused on emerging and frontier markets, Developing World Markets structured its first financing in microfinance in 1999 and began lending to socially and environmentally positive institutions in 2006. Impact investments are DWM’s sole focus, and the firm’s footprint spans to more than 50 developing countries. DWM primarily manages privately-placed funds on behalf of institutional clients, and invests debt and equity predominantly in “inclusive” financial institutions, such as microfinance banks and SME lenders.
Peter Johnson, Partner