Influence Investing Platform Bamboo Capital Companions Publishes Report on 2019 Efficiency

Based in 2007, Bamboo Capital Companions is an impression investing platform that gives modern financing options to bridge the hole between seed and growth-stage funding.  Bamboo goals to enhance the lives of marginalized communities whereas delivering sturdy monetary returns. Since inception, Bamboo experiences having raised near $400 million and invested in over 30 creating nations.

Right now, Bamboo has revealed its Influence Report 2019 that claims to have supported 5,000 jobs final 12 months. Since launch, this quantity is pegged at 45,000 jobs.

Bamboo calls 2019 a “vital 12 months for the agency” because it partnered with the United Nations Capital Improvement Fund, the Worldwide Fund for Agricultural Improvement, the Worldwide Commerce Middle, Sensible Africa, Cease TB Partnership and CARE Enterprises, amongst others, to launch a sequence of blended finance impression funds. The funds will goal companies within the agriculture, finance, power, training and healthcare sectors throughout Africa, Asia, Latin America, and the Caribbean and Pacific areas.

In the beginning of 2020, these funds got here collectively inside one coherent framework referred to as SDG500; a $500 million funding platform that may use debt and fairness to bridge the financing hole of focused companies.

In 2019, the agency additionally concluded the ultimate funding of its second Monetary Inclusion Fund and welcomed ElectrFI as an anchor investor in BEAM, its power entry fund. Bamboo additionally gained two mandates from the World Financial institution Group to launch power entry initiatives in Haiti and Madagascar.

Jean-Philippe de Schrevel, founder and Managing Accomplice of Bamboo Capital Companions said in a launch:

“Final 12 months, it felt just like the items of a puzzle got here collectively. A few years in the past, we determined to reposition Bamboo as an impression investing platform open to partnerships. We wished to mix our experience with that of personal and public organizations to quickly scale constructive impression for low- and middle-income populations in rising and frontier markets. In 2019, we made vital progress and started to appreciate the fruits of our labour. We partnered with a variety of establishments, together with United Nations entities, supranational organizations and non-governmental organizations, to create a sequence of distinctive blended finance impression funds beneath one coherent framework – SDG500.”

de Schrevel famous that the COVID-19 disaster might be horrible particularly for the poorest folks.

“It solely reinforces our conviction that we urgently want to vary our approach of measuring worth and success. Investing sustainably and responsibly must grow to be the brand new norm going ahead. As at all times, I want to sincerely thank our employees, board members and traders who proceed to assist Bamboo.”