A NICHE DEVELOPMENT FUND WITH A PROVEN MODEL
A nimble structure, allowing the fund to innovate and reach projects with the greatest needs
A DEDICATED LUXEMBOURG BASED TEAM
The Team have spent the majority of their careers working in impact investment and development finance
A PIONEER IN IMPACT MEASUREMENT
Impact assessment is integrated into all stages of the investment process
EXPERTISE IN LUXEMBOURG’S BLENDED FINANCE ECOSYSTEM
Close cooperation with the public and private sectors
Investing for Development SICAV
A regulated, self-managed umbrella fund structure focusing on development investments around the world
A NICHE DEVELOPMENT FUND WITH A PROVEN MODEL
The Fund has a nimble structure allowing it to adopt innovative financing approaches to reach areas most in need and focus on the most pressing development challenges. It has ten years’ experience in using capital to address social and environmental concerns and in providing returns to its investors.
A PIONEER IN IMPACT MEASUREMENT
The intention to have an impact is all very well, but this needs to be materialised and measured. All of IforD’s sub-funds are either double or triple bottom lined and impact assessment is integrated into all stages of the investment process. The sub-funds have developed best practice social performance reports and an Environmental and Social Management System.
AN EXPERIENCED TEAM SPECIALISING IN FRONTIER MARKETS
Investing for Development’s staff have dedicated the majority of their careers to working in frontier markets, and have expertise in deal structuring, FX risk management and impact assessment; between them the team have worked on over 150 debt and equity deals in emerging markets. The team’s competences are reinforced by the Board whose members possess a diverse skillset and include representatives from both the public and private sector. The Fund also has a local presence and a broad network of experts on the terrain in key geographies.
EXPERTISE IN LUXEMBOURG’S BLENDED FINANCE ECOSYSTEM
Investing for Development has ten years’ experience in using blended capital to enhance its development impact. It works closely with both the public and private sectors and is fully integrated into the Luxembourg sustainable finance ecosystem. The Funds work closely with core geographies in the European overseas development agenda, notably those with a low status in terms of human development.
The IforD Fund Structure
Investing for Development SICAV
IforD is structured as a société d’investissement à capital variable (“SICAV”), supervised by the Luxembourg Financial Regulator, the CSSF. This is a common umbrella structure in Luxembourg, which allows for the creation of multiple underlying sub-funds, with varying targets and strategies.
IforD has two underlying sub-funds, FCCF and LMDF, and is open for further expansion. IforD’s sub-funds are structured in accordance with the risk and development priorities of investors and have their own investment policies and committees.
Luxembourg Microfinance and Development Fund
LMDF is a Luxembourg based impact investment fund which has been running since 2009. Since its inception, it has focused on the alleviation of poverty by supporting organisations that empower people and stimulate entrepreneurship, with a focus on the most excluded, particularly women, youth and rural populations.
LMDF is accessible to public, institutional and retail investors and constitutes an attractive investment proposition by balancing stable financial returns to investors with the provision of responsible financial services to the poor.
Forestry and Climate Change Fund
FCCF is a pioneering impact fund aiming to demonstrate that sustainable forestry practices within secondary & degraded tropical forests generate economic, ecological and social value while contributing to healthy landscapes, climate change mitigation & adaptation and local economic development.
The Fund enables access to responsible financing sources for local actors and supports the development of viable enterprises. FCCF also provides an investment opportunity for different investor types looking to support innovative climate financing.
Testimonials
Pamela Castillo, Former Vice Minister
Ministry of the Environment,
Costa Rica
“The alliance that is consolidated today with the Luxembourg fund is essential to give greater justice to these producers who manage our forests, to families that can take advantage and benefit from the ecosystem services of these forests that they have on their properties, doing justice also on gender issues, which is very important for this country […]”
Rudi Belli, Senior Vice President, Secretary General
BCEE, Luxembourg
” Financial institutions should inspire themselves from “Investing for Development” to integrate the Social Development Goals into their central strategy.”