MICROCAPITAL BRIEF: Impact Asset Management Disburses $15m from Dual Return Funds to Microfinance Institutions in 7 Countries

Impact Asset Management (I-AM), a member of the Austria-based C-Quadrat Investment Group, recently disbursed loans totaling USD 15 million from the Dual Return Funds to microfinance institutions (MFIs) in Ecuador, India, Indonesia, Pakistan and three other countries. Neither the names of the MFIs nor those of the other three countries have been released.

The two Dual Return sub-funds are Vision Microfinance and Vision Microfinance Local Currency. The various share classes of these sub-funds generated one-month returns of -0.03 percent to 0.36 percent during April 2022. As of 2021, the funds held assets valued at EUR 677 million (USD 734 million).

I-AM, which was founded in the city of Vienna in 2006, “focuses on sustainable investments and microfinance products.” As of December 2021, it reports assets under management totaling EUR 3.4 billion (USD 3.7 billion). C-Quadrat was founded in 1991 and since has built its portfolio to a total valuation of EUR 8 billion (USD 8.7 billion).

By Hasnat Aslam, Research Associate

Sources and Additional Resources

Vision Microfinance commentary
https://reporting.impact-am.eu/Monatsupdate_Allgemein/VMF_Info/EN/VMF_Market_Commentary_042022_EN.pdf

Vision Microfinance homepage
https://www.visionmicrofinance.com/

I-AM homepage
https://www.impact-am.eu/

C-Quadrat homepage
https://www.c-quadrat.com/

Previous MicroCapital story on I-AM and Dual Return Vision Microfinance
https://www.microcapital.org/microcapital-brief-impact-asset-management-loans-11m-from-dual-return-vision-microfinance-fund-to-mfis-in-east-timor-ecuador-kosovo-nicaragua/

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