An investment fund has registered with the SEC to conduct a $1.5 billion offering that would enable the general public to invest in sustainable businesses in developing countries.
TriLinc Global Impact Fund, which calls itself an “impact investor”, wants to support companies that provide measurable social and/or environmental returns in addition to competitive financial returns in developing countries.
They say they will use the proceeds to create a pool of money that invests in small and medium-size businesses in “carefully selected” developing countries with growing economies. They will invest through a global network of local sub-advisors, building a diversified portfolio that includes direct loans, convertible debt instruments and trade finance.
Click here to read the full story.
