Two MIF-supported impact investment funds made it onto the 2016 Best for the World Funds short list, which showcases 50 Global Impact Investment Rating funds world-wide-- a “gold standard” for funds that measure their companies’ social and environmental impact with the same rigor as their financial performance.
Prospero Microfinanzas Fund, launched in 2010 to invest equity and/or quasi-equity in microfinance institutions in Latin America and the Caribbean, was rated as one of the top 5 funds in emerging markets for its portfolio companies’ Impact Business Model rating. Find out more by reading this interview (Spanish).
Also recognized for its impact, Vox Capital, launched in 2009, is a venture capital impact investment management company that focuses on small and medium-sized enterprises (SMEs) serving low-income populations in Brazil. To read more on Vox Capital, download the MIF’s Development Effectiveness Report (pg. 76).