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Creation Investments Social Ventures Fund I
United States of America
Last updated 12 May 2020, by Impactyield.
Fund geography
Creation Investments Social Ventures Fund I has been established to make control equity investments in earlier stage, Microfinance Institutions (MFIs) and Small and Medium Enterprise (SME) lenders globally. Investments in microfinance create opportunities to impact significantly those living at the bottom of the economic pyramid through access to capital for micro and small-business activity. We seek to maximize both financial and social returns, creating wealth for all of our stakeholders, especially our end clients. The Fund targets control equity positions in individual, Tier 2 MFIs - those in the growth portion of their life cycles, having reached profitability – purchasing at or below 1x Net Book Value. We seek to achieve greater scale through growth and consolidation, while also expanding our financial product offering with micro-savings and microinsurance. The Fund will hold three to five control equity investments in each major region - Latin America, Asia, and Eastern Europe - resulting in a diverse, global portfolio in core emerging markets. We play an ongoing, active role in our portfolio companies bringing management expertise to all levels of the organization. Our deep team experience along with our network of management talent leverages financial capital with human capital.
Asset class
Fund status
Fund style
Angel Stage, Buy Out, Distressed, Early Stage, Growth Stage, Seed Stage
Financial description
We seek to maximize financial return on investment through attractive entry, institution building, expanding the product offering through bank licensing, and adding management depth.
16 years
of track record
2008
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
Creation Investments Capital Management
Headquarters location: United States of America
Other funds managed by this asset manager: Creation Investments Social Ventures Fund III, LPCreation Investments Social Ventures Fund II
Key performance indicators
Fund overview
Asset manager: Creation Investments Capital Management
Product track record: Fund has 16 years of track record
Target IRR: 30%
Committed Capital: 31,800,000 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: United States of America
Product status: Closed - no longer investing
Style/Stage: Angel Stage, Buy Out, Distressed, Early Stage, Growth Stage, Seed Stage
Inception year: 2008
Vintage year: 2009
Target region: Emerging countries
Target close date: n.a.
Product term: 10 year term
Assets under management: n.a.
Investment size: Min: 1,000,000; Max: 7,500,000; Avg: 3,500,000
Co-investment policy: LPs have priority, With LPs and non-LPs
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 7
Fund investments to date exited or repaid: 3
Management fee: 1.95%
Carried interest: 20%
Hurdle rate: 10%%
GIIN Investors' Council Investment: No
Limited Partners / Investors: We have attracted an entirely new group of LPs to the Impact Investment space having high net worth individuals, family offices, and several institutional investors as our investor base.
Limited Partner / Investor Type: Family Office, Other Institutional Investors
Contact
E-mail: n.a.
Website: http://creationinvestments.com
Phone number: 13127843988.00
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Patrick Fisher
CEO & Founder
Impact Performance
n.a.
Impact thesis
Targeting social returns through access to capital programs resulting in increased incomes, job creation, and other financial management tools. We require environmental and social protections, using negative and positive screens.
Impact Management
n.a.