by Harriet Ritchie -

MICROCAPITAL BRIEF: Arcadia Funds, Kayyak Ventures Lead $82m Credit, Equity Package for Marco, Financier of SME Exports from Latin America to US

US-based Arcadia Funds and Chile-based Kayyak Ventures recently led a funding package totaling USD 82 million in favor of Marco, a US-based company that funds exports to the US from small and medium-sized enterprises (SMEs) in Latin America. Twelve other investors also participated in the package, which consists of a

by Teo Lin-Bianco -

MICROCAPITAL BRIEF: IFC Places $18m in Equity in BlackPeak Capital to Support SME Growth in Southeast Europe

The International Finance Corporation (IFC), a member of the World Bank Group, recently issued an equity investment of EUR 15 million (USD 18 million) to BlackPeak Southeast Europe Growth Equity Fund (BlackPeak Fund I), which is