Dev Equity, LP

United States of America

Last updated 7 January 2022, by Impactyield.

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The purpose of the Fund is to generate development impact and capital appreciation returns for investors by making investments in socially responsible small and medium sized companies in a variety of sectors in select low-income countries in Central America and other regions of Latin America.

Fund style

Not listed

Financial description


12 years

of track record


the year funded



Asset manager

SDG goals

SDG targets

Equal rights to ownership basic services technology and economic resources

Safe and affordable housing

Encourage companies to adopt sustainable practices and sustainability reporting

Sustainable food production and resilient agricultural practices

Promote policies to support job creation and growing enterprises

Increase access to financial services and markets

Key performance indicators

Fund overview

Asset manager: Dev Equity

Product track record: Fund has 12 years of track record

Target IRR: 8%

Committed Capital: 7,505,000 USD (US Dollar)

Target return category: Below risk-adjusted market-rate of return

Fund domicile:

Product status:


Inception year: 2011

Vintage year: 2011

Target region: , ,

Target close date: 01/06/2014

Product term: 10 Year Term

Assets under management: n.a.

Investment size: Min: 500,000; Max: 2,500,000; Avg: 1,250,000

Co-investment policy: ,

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 6

Fund investments to date exited or repaid: 1

Management fee: 3.5%

Carried interest: 20%

Hurdle rate: n.a.

GIIN Investors' Council Investment: Yes

Limited Partners / Investors: 12 Limited Partners (Family Office/HNWI and Foundation) Overseas Private Investment Corporation

Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office


E-mail: n.a.


Phone number: 15203183810.00

If you wish to have your details removed from this database please email

Forrest Metz

Managing Director

Impact Performance


Impact thesis

Impact Management


Financial benchmark

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