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MicroVest Short Duration Fund, LP
United States of America
Last updated 9 January 2022, by Impactyield.
Fund geography
Emerging countries (256) / Africa (127) / Asia (67) / Latin America and the Caribbean (38) / Southern Asia (30) / South-Eastern Asia (21)
MicroVest Short Duration Fund provides financing to low-income financial institutions worldwide, which in turn provide financial products and services to the poor.
Financial description
n.a.
13 years
of track record
2010
the year funded
145,000,000 USD
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
MicroVest Capital Management
Headquarters location: United States of America
Other funds managed by this asset manager: Access Africa Fund, LLCMicroVest+Plus, LP
Impact Category
Themes impacted
Access to Basic ServicesArtisan SupportCommunity DevelopmentCommunity Economic DevelopmentEconomic IndependenceEnterpriseFinancial InclusionFinancial ServicesFinancing for Small & Medium-Sized Enterprises (SMEs)Real EstateResponsible Capital MarketsResponsible FinanceRural Development
Key performance indicators
Fund overview
Asset manager: MicroVest Capital Management
Product track record: Fund has 13 years of track record
Target IRR: 4%
Committed Capital: 189,076,182 USD (US Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: United States of America
Product status: Open - post first close
Style/Stage: Growth Stage
Inception year: 2010
Vintage year: 2010
Target region: Africa, Asia, Emerging countries, Latin America and the Caribbean, South-Eastern Asia, Southern Asia
Target close date: n.a.
Product term: Perpetual Life, Monthly Liquidity
Assets under management: 145,000,000 USD (US Dollar)
Investment size: Min: 250,000; Max: 13,500,000; Avg: 1,400,000
Co-investment policy:
Currency of investments: USD (US Dollar)
Currency for fund / product figures: USD (US Dollar)
Fund investments to date: 200
Fund investments to date exited or repaid: 150
Management fee: 1.5%
Carried interest: n.a.
Hurdle rate: N/A%
GIIN Investors' Council Investment: Yes
Limited Partners / Investors: Qualified purchasers only.
Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors, Retail Investors
Contact
E-mail: ascott@microvestfund.com
Website: http://www.microvestfund.com
Phone number: 3016646680.00
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Gil Crawford
CEO
Thomas Hofer
Business Development Officer
William Jacobsen
Business Development Manager
Impact Performance
n.a.
Impact thesis
Impact Management
n.a.