- All Team Members
- Credit Committee (External)
- Impact Management
- Managing Partners
- Portfolio & Risk Management
- Private Debt
- Private Equity
- Products & Partnerships
- Senior Advisors
Co-Founder, Co-Managing Partner
As co-founder & co-managing partner, Peter helped create the model for making sustained, institutional-quality, market-return impact investments in emerging and frontier markets starting with DWM’s first impact investment in 1999. In the more than two decades since, Peter’s innovations and drive for higher standards in investing and impact have been influential across the industry.
At DWM today, Peter oversees fund management and key investor relationships, all within DWM’s investment focus of inclusive finance, agriculture and rural communities, off-grid solar and climate action, water and sanitation, education, housing and, a special focus of Peter’s, women’s economic opportunity.
Before co-founding DWM, Peter specialized in emerging and frontier markets as an investment banker at Bankers Trust (now Deutsche Bank), working out of London, New York and Cairo. From London, he structured direct investments in Asia, Latin America, and Eastern Europe. From New York, he created multiple bond issues to restructure $14 billion of debt to the U.S. government by sovereigns in Asia and Africa. In Cairo, Peter opened and managed the firm’s Egypt office and negotiated the company’s first debt-for-equity swap (Sudan) and first financing backed by workers’ remittances (Saudi Arabia to Egypt).
Peter has served on numerous impact investing-related boards, including as chairman of the pioneering women-focused microfinance & health institution Pro Mujer International.
Peter received a BS from the School of Foreign Service at Georgetown University and an MA from the Fletcher School of Law and Diplomacy at Tufts University. He is a native English speaker, competent in French and conversant in Spanish.
Co-Managing Partner, General Counsel
As co-managing partner, Edward shares responsibility for leading DWM’s strategy, operations and business development, working closely with DWM’s senior team. As general counsel, Edward oversees legal and regulatory matters pertaining to DWM, its investment vehicles and overseas investments. Edward also serves as the chief compliance officer for DWM’s registered investment adviser and is a member of the DWM Equity Investment Committee.
Before joining DWM in 2009, Edward represented development finance institutions in project and structured finance transactions in emerging markets at the New York law firm Becker, Glynn, Melamed & Muffly. Before that, he was an associate at Mayer, Brown, Rowe & Maw in New York, where he represented underwriters in debt capital markets transactions in Latin America.
Edward graduated Phi Beta Kappa from the University of North Carolina at Chapel Hill with a BA in political science, earned a JD from the University of North Carolina School of Law, and earned a master’s degree in international affairs from Columbia University. He is a native English speaker and speaks Spanish. He served as a Peace Corps volunteer in Ecuador from 1996 to 1998.
Edward is a member of the New York Bar Association.
Susan is a senior advisor to DWM. She is a managing director of Golden Seeds, an angel investing group focused on investing in women-led, early stage companies. Previously, Susan was the chief operating officer of Global Impact Investing Network (GIIN), the industry association supporting impact investing. She was also previously executive director and principal for private equity at The Blackstone Group, executive director for private equity and at Welsh, Carson, Anderson & Stowe, and co-chief operating officer of the Investment Banking Group at Credit Suisse. Earlier in her career, Susan was a managing director at Donaldson, Lufkin & Jenrette where she focused on mergers and acquisitions and debt and equity financings.
Susan holds a BS in international economics from the School of Foreign Service at Georgetown University and an MBA from the Wharton School at the University of Pennsylvania.
Hannah joined the DWM Portfolio Management team after working in social impact consulting at IDinsight in Delhi, India. She previously worked on the Social Enterprise Finance team of the U.S. International Development Finance Corporation.
Hannah holds a BA in public policy and political science from Duke University and a master’s degree in public policy from the Harvard Kennedy School.
Mary joined DWM in 2019 with years of experience coordinating US companies’ interactions with companies and institutions outside the US. Before joining DWM, Mary worked with an international law office in New York City, and before that worked as a paralegal and business manager for an international mining company. Mary’s experience spans corporate transactions, legal, HR and logistics.
Mary holds a degree in paralegal studies and accounting.
Managing Director, Private Debt
Before joining DWM in 2013, Robert was a vice president at Citi in its Export & Agency Finance group, where he was responsible for the origination, structuring, negotiation, and execution of structured finance transactions for corporate and sovereign borrowers throughout Latin America. Prior to Citi, Robert worked at the Federal Reserve Bank of Chicago as a commissioned bank examiner covering financial institutions of varying size and complexity.
Robert graduated Phi Beta Kappa from the University of Wisconsin with a BA in economics and earned an MBA from the University of Chicago Booth School of Business. He also holds an MSc from the Universidad Torcuato di Tella in Argentina, where he studied as a Rotary Foundation Ambassadorial Scholar. He is fluent in English and Spanish and proficient in Portuguese.
Darya is a financial planning and analysis (FP&A) specialist with a focus on evaluating financial aspects of new investment projects, developing financial models that can lead to more-informed strategic decisions and better control. She leads monthly management reporting, including forecasting, budgeting, analytical support, and internal process improvement.
Darya earned a BSs in mathematical methods in economics and an MSs in management from Novosibirsk State University, Russia, and an MBA from University of Plymouth, UK. She holds a Chartered Institute of Management Accountants (CIMA) operational level diploma in management accounting (UK).
Legal Team – Germany
Karin joined DWM’s legal and compliance team in 2019 after working for various recruiting companies as a consultant in recruiting and sales.
Karin studied marketing and languages and holds a bachelor’s degree in translation from the International University SDI München. She has earned the Certified Expert in Microfinance designation from the Frankfurt School of Management.
Director, Senior Counsel
Uta joined DWM in 2017 as senior counsel and serves as a transaction attorney on DWM’s cross-border investments. Uta has extensive experience in foreign investment and project finance in developing countries in the infrastructure and energy sector and experience in international taxation. She has lived and worked in Europe and in Ecuador, Colombia and Venezuela.
Before joining DWM, Uta represented airport and renewable energy public concessionaires in public-private partnerships (PPPs) and project finance and advised on transactions in Latin America and Germany. She served as the chief administrative officer of the Canadian-sponsored concessionaire that built and financed the international airport in Quito, Ecuador and has worked in the development of a US-sponsored renewable energy project.
Uta holds a first state law diploma, with distinction, from Ludwig-Maximilians-Universität München and a second state law diploma (bar admission) from the state of Bavaria. She speaks German, English, Spanish and French.
Uta is a member of the German bar.
Associate Regional Representative, Latin America
Carolina joined the DWM Latin America Debt team in 2017 and brings extensive experience in rating and consultancy. She worked at Microfinanza Rating and Pacific Credit Rating, where she carried out credit and social ratings of financial institutions, microfinance institutions and issuers from a variety of economic sectors. Carolina has participated in consultancies for financial and microfinance institutions in South America on issues related to market research, feasibility studies, and strategic, financial and operational planning.
Carolina graduated as a commercial engineer with major in financial management from the Pontificia Universidad Católica del Ecuador and received a master's of management with distinction in agribusiness at Massey University in New Zealand. She was an awardee of the New Zealand Aid Development Scholarship.
Ashwin Mahabaleswara, CFA
Director, South & Southeast Asia
Ashwin is regional manager for DWM’s debt investments in Asia and serves as a portfolio manager on the firm’s private equity team. Before joining DWM in 2012, Ashwin served as the head of finance and treasury for Grameen Financial Services, a microfinance institution in India. before that, he worked in the Indian capital markets at JM Financial (formerly JM Morgan Stanley) and as an investment executive advising institutions and high-net-worth individuals at Scotia Capital and Berkshire Securities in Montreal. He has also served as the chair of the Quebec chapter of the Indo Canada Chamber of Commerce.
Ashwin received a BA in Economics from McGill University. He is fluent in English and Kannada and functional in Hindi.
Ashwin is a CFA charterholder and holds the Canadian investment manager (CIM) designation.
Director, Latin America
Hunter has been associated with DWM since 2010, serving on portfolio company boards in Bolivia, Peru and Mexico. He also has sourced new business for the DWM debt team and provides local perspective, having lived and worked in Latin America for much of the past 30 years.
Hunter brings senior-level finance and governance experience in Latin America. He has managed his own business advisory company for 15 years with clients including agricultural and microfinance institutions and development finance banks, and, previously, worked in development finance for nearly 20 years as a senior executive for the Latin American Agribusiness Development Corporation. He started his Latin American career with Dole Fresh Fruit in Central America.
Hunter earned a BA from the University of Virginia and an MBA from the University of Southern California. He is fluent in English and Spanish and conversational in French.
Naimjon Masaidov, CFA
Director, Eastern Europe, Central Asia & the Caucasus
Naimjon joined Developing World Markets in 2013 as a consultant and works with the Eastern Europe, Central Asia and Caucasus debt origination team.
Before joining DWM, Naimjon worked for approximately eight years at IMON International, the largest microfinance institution in Tajikistan, ultimately as the head of treasury within the Finance department, where he focused on financial risk management and relationships with international lenders. He previously served as head of the Credit department.
Naimjon earned an MS in economics from the Technological University of Tajikistan and holds the certified accounting practitioner (CAP) designation from the Association of Accountants and Auditors of Tajikistan. He is fluent in Tajik, Russian and English and has a working knowledge of Persian.
Naimjon is a CFA charterholder.
As senior accountant, Hazel supports DWM’s CFO with accounting for the holding company and its entities. Before joining DWM in the US in 2019, Hazel worked in accounting for various organizations in London in line with UK GAAP as well as international financial reporting standards (IFRS).
Hazel is an honors graduate with a double major in economics and management from the University of the West Indies and holds an MSc degree in law and finance from Queen Mary University, London.
Hazel is a fellow of the Association of Chartered Certified Accountants (ACCA), holds the Canadian Investment Manager designation and has passed all three levels of the exam for a CFA charter.
Chief Risk Officer
Christopher oversees all aspects of risk management at DWM including governance and policies, new deal review, and ongoing portfolio monitoring. He is a member of the DWM Credit Committee.
Before joining DWM in 2015, Christopher held global market risk coverage roles for emerging markets, credit, and counterparty risk at Barclays and Merrill Lynch. His responsibilities included creating emerging markets and counterparty risk frameworks, defining controls, risk appetite, portfolio management, new transaction reviews, and other aspects of the businesses. Before his career in risk management, Christopher was a trader focusing on interest rate, foreign exchange, and commodity derivatives and options.
Christopher received a BS in economics from the University of Wisconsin, Madison and completed an executive program in market and credit risk at Stanford University.
Christopher holds a Series 7 license from the US Financial Industry Regulatory Authority.
Eric Meyer, CFA
Vice President, Portfolio Management
Eric leads the management of DWM’s fixed income assets in Africa and the Middle East. Since joining DWM in 2011, Eric has held roles on DWM’s Debt, Products & Partnerships, and Fund Management teams.
Before coming to DWM, Eric was a product manager for Opportunity International Network, where he worked closely with the organization’s African banking operations and global fundraising teams on capital planning and budgeting, strategic development, and requisite program reporting for the organization’s agricultural finance initiative. Eric also served on Opportunity International’s risk management team, where he conducted internal credit ratings of partner microfinance operations and developed the organization’s risk governance and reporting framework.
Eric received a BA in philosophy, cum laude, from Rice University, where he also served as a research assistant at Rice’s Jones School of Management focusing on corporate environment and social performance, implementation of strategy, management control systems, and performance measurement within the microfinance industry.
Eric is a CFA Charterholder and a member of the New York Society of Security Analysts.
Veronica Mezarina Lopez
Credit Risk Analyst
Veronica joined Developing World Markets in 2020 as a credit risk analyst. She previously was a risk senior analyst for Crediplaza, a fintech firm in Lima, Peru, and a senior investment analyst for Compass Group, an asset manager with a strong presence in Latin America focused on corporate credit and equities. Additionally, Veronica has extensive experience in senior risk roles in a commercial bank in Peru.
Veronica holds a bachelor’s degree in economics from Universidad Nacional Mayor de San Marcos (UNMSM) and an MBA from Universidad del Pacífico in Peru.
Funds Servicing Manager
As transaction administrator, Nenad services loans issued to microfinance institutions (MFIs), coordinates with MFIs to ensure prompt payment, and provides invoices and interest schedules as needed. Nenad works closely with custodians, paying agents, and fund administrators on all aspects of fund operations.
Before joining DWM in 2010, Nenad was a project accountant for Plaza Construction in New York City overseeing financials for building projects up to $125 million in size.
Nenad received a BS in finance from Bloomsburg University in Pennsylvania. He is fluent in English, Serbian, Macedonian and Croatian.
Credit Committee External Member
Michael has been a member of the Investment Committee of the DWM Microfinance Fund since 2010 and a member of the DWM Credit Committee since 2015.
Michael has served since 2006 as a nominee as well as an independent director on the board several microfinance institutions in Kosovo and Cambodia. Currently, he is an independent director at LOLC Cambodia Plc where he is also the chairman of the Audit and Risk Management committees.
In 1971, Michael joined ABN AMRO Bank in the Netherlands and then held various positions of increasing responsibility within its international network. These positions included postings in Latin America, Africa and the Middle East and periods as country manager in the Philippines, Sri Lanka and Vietnam.
Michael is a graduate in business administration of Nijenrode University in the Netherlands.
Assoc. Regional Representative, Africa & Middle East
Salome joined DWM in 2020 after working as an investment manager at Incofin in Kenya, where she focused on agri-debt in sub-Saharan Africa. Before Incofin, she worked as an investment analyst at DOB Equity, a family-owned Dutch impact investment firm, at Horizon Investment Advisory in Kenya, and at TransCentury Limited in Kenya.
Salome holds an MS in finance and investment from Aberdeen University in Scotland. She is fluent in English and Kiswahili and is pursuing a certification in business French.
Salome is a CFA charterholder.
Paras Puri, CFA
Risk Analyst, India
Paras joined DWM as a risk analyst in 2019 with a decade of experience in the wholesale banking industry. He was previously a credit analyst with Barclays Global Service Centre Private Limited.
Paras holds an MBA in finance from ICFAI University, Tripura. He is fluent in Hindi and English.
Paras is a CFA charterholder.
Partner, Private Equity
Aleem joined the DWM private equity team in 2009 and has nearly two decades of experience with socially responsible, double- and triple-bottom-line venture capital and private equity funds in the U.S. and Europe.
Before joining DWM, Aleem served as an investment associate for Bridges Community Ventures, a UK-based private equity and venture capital firm that invests in double- and triple-bottom-line projects in the most economically deprived areas of the UK. Before that, Aleem worked as a senior associate at the New York City Investment Fund, a private, double-bottom-line fund that invests in SMEs to promote the creation of jobs and improvement of impoverished areas of New York. Aleem started his career as a corporate finance analyst for JP Morgan, where he served in an advisory capacity for transportation and diversified industrials clients worldwide.
Aleem received a BA in economics and finance from Princeton University and an MBA from Harvard Business School. He is fluent in English and conversant in Hindi, Gujarati, Kutchi and Spanish.
Stephen J. Romaine
Steve is a senior advisor to DWM. He is an executive search consultant and executive coach supporting senior level executives in financial services and related industries. Steve is Japan representative of New Millennium Group, a global boutique search firm. Previously, he has been president of the Global Financial Services practice and president of the Asia-Pacific region at Korn/Ferry International. Prior to his career in search and coaching, Steve was an investment banker with Merrill Lynch, advising Japanese corporations and government clients on equity and debt financings, stock exchange listings and M&A transactions.
Steve earned a BA degree, summa cum laude, from Principia College and an MA in law and economics from The Fletcher School of Law and Diplomacy at Tufts University. He speaks English and Japanese.
Renzo joined Developing World Markets in 2017 after working as a pricing analyst at the pharmaceutical and biotechnology research firm Covance. He had previously worked in the financial sector at Development Financial Corporation of Peru (COFIDE) and Prisma NGO.
Renzo earned a BS in economics from San Ignacio de Loyola University in Peru and an MA in economics from Rutgers University. He is fluent in Spanish and English.
Nominee Director for Portfolio Company
Alfredo has been associated with DWM since 2009, serving on portfolio company boards in Bolivia, Colombia and Peru. His long experience as an independent board member for companies of various sizes and sectors—including banking, microfinance, consumer goods manufacturing and distribution, pharmaceutical laboratory, agro-industry and others—positions him with a broad perspective on business exigencies and good governance skills.
Alfredo has served as consultant to, among many others, the World Bank and the undersecretary of the economy in Peru. He led the design and implementation of both the Peruvian private pension fund system and the privatization of state-owned enterprises.
Director of Impact
Hannah leads DWM’s impact strategy, measurement, and management. Her experience in impact investing and international development includes on-the-ground work in Africa, Asia, and Latin America, where she has specialized in defining, executing, and measuring the results of strategies to create meaningful positive social and environmental outcomes aligned with business value.
Before joining DWM, Hannah led a platform-wide impact strategy at Nuveen (the asset management arm of TIAA) and managed research at the Global Impact Investing Network (GIIN), where she launched a 10-year roadmap for the development of the impact investing industry. Hannah started her career in international development, managing projects focused on micro- and small-enterprise development in rural communities.
Hannah earned a bachelor’s degree in international relations from Brown University and a master’s degree from the Fletcher School at Tufts University with a focus on international business and development economics. She is fluent in English and Spanish.
Associate Regional Representative, Africa & Middle East
Devendra is responsible for Developing World Markets’ debt investments in the Africa & Middle East region. He joined DWM in September 2020 after working in the microfinance industry for six years with banking and finance institutions based in India including, most recently, Yes Bank, where he managed a USD 120 million microfinance portfolio and was responsible for origination, execution, and placement of a debt portfolio. Besides his professional work, he volunteers with Greenpeace and with ActionAid India in fulfillment of his obligation toward the environment and society.
Devendra holds a bachelor’s degree in commerce from MJP Rohilkhand University and an MBA in rural development management from the Indian Institute of Forest Management, an autonomous institute under the Indian Ministry of Environment, Forests, and Climate Change.
Regional Representative, South & Southeast Asia
Ankit is responsible for Developing World Markets’ debt investments in Asia. before joining DWM in 2020, he worked with Alpen Capital, a boutique investment banking firm headquartered in Dubai, where he was responsible for execution and placement of debt, equity and M&A advisory deals in India across sectors such as food & agriculture, information technology, financial institutions, education and healthcare. He had previously worked with large corporate finance firms in the GCC region.
Ankit earned a bachelor of commerce degree from the University of Delhi and an MBA from the Institute of Management Technology Dubai/ESC Rennes France and holds a certificate in private equity from London Business School. He is based in Delhi and speaks Hindi and English.
Regional Representative, South & Southeast Asia
Arjun’s areas of expertise include wholesale lending in microfinance, agri-value chain, small businesses (MSME/SME), fin-techs, school finance, affordable housing, and corporates with an underlying theme of social impact businesses and financial inclusion. Before joining DWM, Arjun was an associate director for credit and risk at Northern Arc Capital in India involved with due diligence, relationship management, evaluating credit, structuring exposure, and establishing a monitoring framework.
Arjun holds a graduate degree in electronics and communication engineering and an MBA with a focus on environment management and development finance from the Indian Institute of Forest Management, an autonomous institute under the Indian Ministry of Environment, Forests, and Climate Change.
Vice President, Asia-Africa
Suma joined DWM as a member of the private equity team in 2017. She had previously worked at Empire Valuation Consultants, a boutique consulting firm in NYC, and started her career in data analysis at Infosys Ltd, where she helped client finance companies execute loss forecasting and data governance. She also has experience working with partner weaver cooperative societies in the handloom industry in India to promote strategies for financial self-sufficiency.
Suma received a bachelor’s degree in electrical engineering from Osmania University in Hyderabad, India and an MBA from the New York University Stern School of Business, where she was designated a faculty scholar for social enterprise. She is fluent in Hindi, Telugu, Tamil and English.
Partner, Private Equity
Brad heads DWM’s private equity business globally. He is also a member of the DWM Investment Committee. Before joining DWM in 2004, Brad served with investment banks and fund managers in Washington, DC (Global Environment Fund), London (Bankers Trust and BNP), and New York (DLJ), mainly focusing on emerging markets. He has also worked for the US government twice, first for the Department of State as a diplomat in West Africa in the 1980s, then in 2004 for the Department of Defense in the occupation government in Iraq, where he managed funding programs for medium-sized, small, and micro enterprises.
Brad wrote the chapter on capital markets in Microfinance: Emerging Trends and Challenges (Edward Elgar Publishing, 2009). His pro bono work includes a board seat with Partners for the Common Good, a non-profit community development finance institution in Washington, DC.
Brad earned a BA from Princeton University and an MBA from Columbia University. He speaks English and French.
As DWM’s chief financial officer, Odette oversees the firm’s financials and analysis of its business operations, budget, forecasts and trends. She manages the back office operations for the DWM Funds in Luxembourg as well as the servicing of all foreign funds for which DWM Asset Management acts as investment/fund manager. As a partner, Odette is involved in various strategic projects at the holdings level.
Before joining DWM in 2010, Odette worked as director/manager of operations in the service industry. She has entrepreneurial experience as well, having founded and managed one of the largest Xerox dealerships in Romania.
Odette received BS in mechanical engineering from the Polytechnic Institute of Bucharest, a master’s degree in accounting and financial management from Keller Graduate School of Management, and an executive MBA from Washington University in Seattle. She is fluent in Romanian and English and proficient in French.
Odette is a certified public accountant (CPA).
Associate Regional Representative, Latin America
Jonathan joined DWM in 2017 as a member of the Latin America debt team. Prior to DWM, Jonathan served for 7 years as monitoring officer at Global Partnerships in Managua, Nicaragua. He gained a wide range of experience in banking and microfinance in multiple countries across Latin America as branch deputy, credit risk analyst, and loan officer with ProCredit Bank and Financiera FAMA.
Jonathan holds a BA in business administration from the National Autonomous University of Nicaragua (UNAN) and an MBA from CEU San Pablo University of Madrid in Spain.
Partner, Head of Products & Partnerships
Courtland oversees DWM’s product development and related partner engagement. His previous experience at DWM spans investment monitoring, transaction management, macroeconomic, currency, and credit analysis, fund structuring and financial modeling. His product launch experience includes the DWM Microfinance Fund, DWM Microfinance Equity Fund, Daiwa Microfinance Fund, Inclusive Finance Equity Fund II, Actiam Institutional Microfinance Fund III, and the ORCA (Off-Grid, Renewable and Climate Action) Impact Note.
Before joining DWM in 2008, Courtland was a research analyst in the Development through Enterprise Group at the World Resources Institute in Washington, D.C. He is a co-author of “The Next 4 Billion: Market Size and Business Strategy at the Base of the Pyramid,” a joint report with the International Finance Corporation, analyzing spending in low-income market segments in developing countries and strategies for business engagement across development-related sectors.
Courtland has a BA in Economics, cum laude, from Harvard University and an MBA, with honors, from Columbia University. He is a native English speaker and speaks fluent French.
Credit Committee External Member
Barbara is a member of the DWM Credit Committee and, since 2010, has served as an independent member of the investment committees of several DWM funds.
Barbara has more than 15 years of experience as an SME/microfinance banker in developing and emerging markets. At Wasmus Consulting, an MSME finance consultancy, she has implemented a wide range of assignments for financial institutions, funds and donors in Africa, the Middle East and Asia.
Barbara’s previous positions include founding CEO of ProCredit Bank Angola, deputy CEO of ProCredit Bank Kosovo, senior investment officer at Triple Jump, and a variety of other senior executive positions with financial institutions. In addition to her consulting work, Barbara is a non-executive director and chair of the Risk Committee of Finca Microfinance Bank Tanzania.
Barbara holds an MA in international relations from the University of Groningen, the Netherlands.
Due Diligence Manager & Data Analyst
Darwin joined DWM from ISSPOL, Instituto de Seguridad Social de la Policía Nacional, in Ecuador, where he was an investment analyst. His financial supervision-sector experience includes positions at Ecuador’s Bank Superintendency and stock market, and he also served in that country at Class International Rating, a risk rating agency, where he reviewed and assessed financial institutions and other companies.
Darwin earned a degree in economics from the central University of Ecuador and a designation as senior specialist in finance and economics, part of the Master's Program in Financial Management and Risk Management, from Universidad Andina Simón Bolivar, where he is currently a master’s candidate in that program.
Associate Regional Representative, Eastern Europe, Central Asia & the Caucuses
Before joining DWM in 2021, Natia worked at BlueOrchard Finance as a senior investment officer covering Eurasia. She was previously an internal auditor at the MFO (microfinance organization) Finca Georgia, now called Finca Bank Georgia.
Natia holds an MBA in finance from the Grenoble Ecole de Management and an MBA in management consulting from the Caucasus University. She speaks Georgian, English, Spanish and Russian.