PROJECT

Projects

Summary of Investment Information

Project Number

36362

Company Name

ACCION FRONTIER INCLUSION FUND, LP

Date SPI Disclosed

Sep 21, 2015

Country

World Region

Region

Global

Projected Board Date

May 24, 2016

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 21, 2023

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : May 24, 2016
Signed : May 31, 2016
Invested : Aug 9, 2016

Sector

Other Sector Fund

Project Description

 The project entails an equity commitment of up to US$15 million in Accion Frontier Inclusion Fund LP (the “Fund”) a private equity fund that seeks to make equity or equity-equivalent investments in early- and growth-stage companies that develop or provide products, services or technology to expand the financial inclusion of the under and unbanked population in Africa, Asia and Latin America.                                                  

Associated Advisory Engagement

  n/a                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation