Capria, a global investment firm advancing the next generation of local impact fund managers in emerging markets, announced that the 11 fund managers that currently make up the Capria Network aim to collectively raise ~USD $200 million in funding by December 2018. Capria Network fund managers will deploy funds in sectors that make a critical difference to large sections of the population in emerging markets, while generating strong market-rate returns.
Since launching in 2015, Capria has reviewed more than 450 fund proposals and partnered with 11 fund managers that form the global Capria Network: seven first-time managers, two raising their second fund, and two managers creating their third funds. The goal of Capria Network is to identify the “missing middle” gaps in local financial ecosystems and make investments that create sustained positive social and environmental impact while delivering market-rate returns to their investors. Capria supports its partner funds with direct capital investments as well as investments from its network, access to a global network of like-minded fund managers, and deep one-on-one partnering to accelerated growth and increase returns.
Capria Network funds are currently raising nearly $500 million to deploy across five key sectors – essential services, healthcare, education, energy and financial services. They anticipate completing fundraising of $200M of that amount this year.
Read the full article about Capria Network’s big funding aim by Api Podder at My Social Good News.
Since you are interested in Impact Investing, have you read these selections from Giving Compass related to impact giving and Impact Investing?
Looking for a way to get involved?
A good way to complement your interest in Impact Investing is to connect with others. Check out these events, galas, conferences or volunteering opportunities related to Impact Investing.
Are you ready to give?
In addition to learning and connecting with others, taking action is a key step towards becoming an impact giver. If you are interested in giving with impact for Impact Investing take a look at these Giving Funds, Charitable Organizations or Projects.