Unitus Equity Fund, LP


Last updated 13 May 2020, by Impactyield.

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The Unitus Equity Fund objective is to invest in microfinance institutions (“MFIs”), predominantly in India and otherwise in developing countries around the world, that demonstrate the potential to address the lack of access to financial services in developing nations.

For the Fund’s purposes, an MFI is defined as any organization engaged in extending microcredit loans or other financial services to enterprises owned by members of disfranchised communities or otherwise provide loans or other financial services to members of disfranchised communities.

Financial description

Unitus Equity Fund primarily targets MFIs that have a clearly demonstrated capacity and willingness to design, implement and grow a successful microfinance program.
The Fund will make its Investments solely in microfinance organizations. The Fund will not invest more than 20% of the aggregate principal amount of committed Investments in any country other than India. No Investment will represent more than 20% of the total Investments of initial capital, except under extraordinary and temporary conditions and as approved by the General Partner’s Board of Directors.

17 years

of track record


the year funded



Asset manager

Elevar Equity


Headquarters location:

Other funds managed by this asset manager: Elevar Equity II, LP

SDG goals

SDG targets

Equal rights to ownership basic services technology and economic resources

Increase access to financial services and markets

Impact Category

Key performance indicators

Fund overview

Asset manager: Elevar Equity

Product track record: Fund has 17 years of track record

Target IRR: n.a.

Committed Capital: n.a.

Target return category: Risk-adjusted market-rate of return

Fund domicile:

Product status:


Inception year: 2006

Vintage year: 2006

Target region: ,

Target close date: n.a.

Product term: 10

Assets under management: n.a.

Investment size: Min: 0; Max: 0; Avg: 0

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: 2.5%

Carried interest: n.a.

Hurdle rate: n.a.

GIIN Investors' Council Investment: No

Limited Partners / Investors: n.a.

Limited Partner / Investor Type: Family Office, Other Institutional Investors


E-mail: info@elevarequity.com

Website: http://www.elevarequity.com

Phone number: 425-749-7028

If you wish to have your details removed from this database please email gdpr@impactyield.com

Impact Performance


Impact thesis

Unitus Equity Fund expects to generate social value by:
-Supporting the growth of MFIs which are servicing disfranchised communities in their formative developmental stages
-Helping to raise income levels for microentrepreneurs living among disfranchised communities
-Increasing the visibility of microfinance as a viable investment vehicle among private sector investors, with a view toward narrowing the capital shortfall which characterizes the microfinance industry globally through the Fund’s returns.

Impact Management


Financial benchmark

Term Description:


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