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Insitor Poverty Alleviation Fund
Luxembourg
Last updated 11 May 2020, by Impactyield.
Fund geography
Emerging countries (256) / Asia (67) / South-Eastern Asia (21)
The Insitor Poverty Alleviation Fund is a venture capital fund that finances social businesses in emerging and frontier markets. The Fund supports early stage companies that have the potential to improve the living standards of low-income communities. Sectors include water/sanitation, healthcare, education, and housing.
The Insitor Poverty Alleviation Fund is a sub-fund of the “INSITOR IMPACT FUND SICAV SIF”, an umbrella fund to be incorporated in Luxembourg as a corporate partnership limited by shares and qualified as an investment fund with variable share capital.
The geographic target of the Fund is Developing Asia where a large and growing population live below the poverty line. The target capitalization of the Fund is USD 15 million. A committed hands-on investor, Insitor Poverty Alleviation Fund will provide technical advice and management support to the portfolio businesses, leveraging ideas, skills, and finance.
Asset class
Fund status
Fund style
Financial description
The Fund invests in early-stage businesses whose business models improve the standard of living of low-income families. Investments are made in companies that increase access to clean water, sanitation, health care, nutrition, education, and affordable housing. The Fund will also be invested in companies whose business models enhance the earning potential of vulnerable communities.
Size and type of individual investments: investments are made in the form of equity, mezzanine, and/or debt to provide maximum flexibility in meeting the company’s needs. The Fund invests USD 250K – 2M as a unique investor, co-investor, or in syndication.
Stage: the Fund concentrates on early stage businesses that require financial and hands-on management support to grow to a scale attractive to local and international investors.
Continuing support: the Fund provides portfolio companies with the management support and capital they need to bring business processes, human resources, structures, or technologies to market standards, and to assist them in achieving their social and financial objectives. In most cases the Fund contributes its expertise through playing active board and coaching roles and provides continuing support to the management team.
9 years
of track record
2015
the year funded
15,000,000 USD
AUM
Interested in this fund?
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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
Insitor Management
Headquarters location: Cambodia
Other funds managed by this asset manager: Insitor Seed Fund SCAInsitor Energy Access Fund
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
Free primary and secondary education
Safe and affordable drinking water
Key performance indicators
Fund overview
Asset manager: Insitor Management
Product track record: Fund has 9 years of track record
Target IRR: n.a.
Committed Capital: n.a.
Target return category: Below risk-adjusted market-rate of return
Fund domicile: Luxembourg
Product status: Closed - no longer investing
Style/Stage: Early Stage, Seed Stage
Inception year: 2015
Vintage year: 2015
Target region: Asia, Emerging countries, South-Eastern Asia
Target close date: n.a.
Product term: 10 years
Assets under management: 15,000,000 USD (US Dollar)
Investment size: Min: 250,000; Max: 2,000,000; Avg: 1,000,000
Co-investment policy: LPs do not 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: 0
Fund investments to date exited or repaid: 0
Management fee: 3.5%
Carried interest: 20%
Hurdle rate: n.a.
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors
Contact
E-mail: n.a.
Website: http://www.insitormanagement.com
Phone number: +855 23 218 257
If you wish to have your details removed from this database please email gdpr@impactyield.com
Marco Aletti
Associate
Impact Performance
n.a.
Impact thesis
The demographic and economic growth in Developing Asia has created a low-income group that is driving a vast and increasing demand for essential products and services that the public sector finds challenging to meet.
Nearly 2 billion Asians have limited or no access to clean water, quality food, secure shelters, affordable healthcare, efficient infrastructures, or comprehensive financial services. While the aid community has been focusing on meeting the needs of the most vulnerable segments of the population, a much larger low-income working group has remained under-served.
A new generation of privately owned companies that is entering the market to serve the unmet demand faces limited financing sources. This is more so for early stage ventures that face constraints in raising first rounds of finance. Funding is more available for later stages. The region presents a unique opportunity to achieve an attractive combination of social and financial returns by seeding high quality social businesses and growing them to a larger scale and higher profile.
By selecting and supporting pioneering companies whose success will spur the creation of new markets and industries, the Fund is expected to create a multiplier effect on the its initial investment.
Impact Management
n.a.