Colombia’s Sura Investments recently raised COP 100 billion (USD 25 million) for its Sura Private Debt Fund from IDB Invest, a member of the Inter-American Development Bank (IDB) Group. The fund was launched in 2020 with an initial volume of COP 38 billion (USD 9.5 million). The goal is to provide local-currency funding on longer terms than are otherwise available to small and medium-sized enterprises (SMEs)
Tag: Private Debt Fund
MICROCAPITAL BRIEF: Symbiotics to Place $105m in Debt for Pensioenfonds Detailhandel in Microfinance, SME Finance in Emerging Markets
Symbiotics, a Switzerland-based investor, recently announced that Pensioenfonds Detailhandel, an administrator of pensions for Dutch retail workers, has selected the firm to manage a private debt fund with a volume of EUR 100 million (USD 105 million) with the aim of enabling progress toward the UN Sustainable Development Goals (SDGs). The portfolio will focus on investing local currency to support