FIEC revisited the topic of valuing double-bottom line investments with its valuation working group to better understand how valuing MFIs has evolved over the past decade. What was found? Despite changes in the broader industry (new players, adjacent sector investments, etc.), very little has changed in terms of valuing financial inclusion investments.
In the impact investing space, fund managers have both fiduciary and social responsibilities. This report aims to better understand attitudes and practices when it comes to how equity impact investors use offshore financial centers (OFCs).
In the rapidly-changing financial inclusion sector of today, the ability to design and implement an effective strategy is the biggest concern of providers. This report ranks the top perceived risks facing those providing financial services to under-served people in emerging markets, including MFIs, commercial banks, technology companies, and telcos.
Performance data on microfinance investment vehicles (MIVs) is not easy to collect. Much less is known about the investment process within MIVs, and how the three main elements of their governance — board, investment committee, and fund manager — interact to create value within these funds. This study sheds light on the elusive subject of governance inside AfriCap, a pioneer equity fund.
This annual Global Microfinance Equity Valuation Survey, published jointly by CGAP and J.P. Morgan, provides benchmarks for the valuation of microfinance equity, to promote market transparency and identify industry trends. It examines the landscape of private equity (PE) deals and valuation trends in the public market for Lower Income Finance Institutions (LIFIs) in developing countries.