Interested in this fund?
Log in or create an account to request more information.
Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Acumen Capital Markets
United States of America
Last updated 12 May 2020, by Impactyield.
Fund geography
Acumen Fund manages an invested capital fund, Acumen Capital Markets, which targets investments in small and medium enterprises that provide health, housing, water, energy, and agriculture products and services to Base of the Pyramid (BOP) customers in South Asia and Africa, with the potential for achieving significant financial returns in addition to the direct social impact.
Asset class
Fund status
Fund style
Financial description
Acumen Capital Markets will invest in early- and growth-stage enterprises that provide health, housing, water, energy, and agriculture products and services to BOP customers across Acumen Fund’s target geographies and sectors. The Fund will use a full range of debt and equity instruments and will typically invest between $300k and $1m, with an average investment size of $750k. Acumen Fund will leverage its existing investment process and global portfolio team in India, Pakistan and East Africa to identify and manage investments.
15 years
of track record
2009
the year funded
n.a.
AUM
Interested in this fund?
Log in or create an account to request more information.
Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.
Asset manager
SDG goals
SDG targets
Equal rights to ownership basic services technology and economic resources
Safe and affordable housing
Universal access to safe and nutritious food
Universal access to sexual and reproductive care, family planning and education
Safe and affordable drinking water
Universal access to modern energy
Impact Category
Key performance indicators
Fund overview
Asset manager: Acumen
Product track record: Fund has 15 years of track record
Target IRR: n.a.
Committed Capital: n.a.
Target return category: Below risk-adjusted market-rate of return
Fund domicile: United States of America
Product status: Closed - still investing
Style/Stage: Early Stage, Growth Stage
Inception year: 2009
Vintage year: 2010
Target region: Emerging countries
Target close date: n.a.
Product term: 10 year term
Assets under management: n.a.
Investment size: Min: 300,000; Max: 1,000,000; Avg: 750,000
Co-investment policy:
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 13
Fund investments to date exited or repaid: 0
Management fee: 3%
Carried interest: n.a.
Hurdle rate: 6%%
GIIN Investors' Council Investment: Yes
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Endowments/Foundations, Family Office, Other Institutional Investors
Contact
E-mail: n.a.
Phone number: (212) 566-8821
If you wish to have your details removed from this database please email gdpr@impactyield.com
Shuaib Siddiqui
Director of Portfolio
Impact Performance
n.a.
Impact thesis
Acumen Capital Markets seeks significant social impact. Acumen Fund will measure social impact through a variety of measures, including the quantity of critical products and services delivered, the number of people’s lives touched as a result, and the number of jobs created.
Impact Management
n.a.