Sample Investments Impact investment
Transcription
Sample Investments Impact investment
Impact investment Sample Investments The Truestone Global Impact Fund LP invests across the globe where we can establish a Local Investment Partnership through which we can nurture and grow businesses. In particular there are specific geographies where we already have such partnerships in place, and our focus is on maximising the value of those regional markets. In response to growing demand from impact investors with a specific geographic focus, we are now also building a series of impact funds covering the following regions: Emerging Eastern Europe through Truestone Angello Kyrgyzstan and former Soviet Central Asia through Truestone ACTB Emerging South East Asia through Truestone Uberis Africa through Truestone ACTB Whilst we enjoy working in some of the most challenging emerging economies, we recognise that there is huge financial inequality and social need in the UK and we also aim to address opportunities nearer to home for social investment through our own in-house team. Green Pastures, UK Green Pastures is a UK company investing in housing stock specifically for the benefit of the homeless and ex-offenders, with care provided on contract from local community care providers. The Fund’s investment is secured against two particular properties in the Midlands area, and will see a conservative annual yield from a relatively low-risk investment. MCA Kemin, Kyrgyzstan An investment into loan capital and equity into what is known as MCA Kemin, an established microfinance and SME finance business in a rural part of Kyrgyzstan which sits on the borders of Kazakhstan, China and Uzbekistan. This business, into which our investment partner has already invested, provides credit for farmers (the rural poor) tailored around arable growing and livestock breeding cycles. The business has one of the lowest default rates and interest rates in Kyrgyzstan and is highly community focused. Loans are provided for seed, livestock and equipment in this emerging economy and in what is a very remote region. Truestone will have board representation, and through our local investment partner, ACTB, will help to grow the loan book and develop the management and leadership team. Microfinance Business, Sierra Leone A Sierra Leone based microfinance and SME finance business. This business has been pioneered by ACTB, is now fully commercial and profitable with six branches and 60 staff in Sierra Leone. The business has nearly 5,000 clients, most of whom are female. There has been enormous transformation in the establishment of this business and in the women’s lives. The services provided apart from the provision of capital, include basic training in stewardship around money and business, together with adult literacy classes in a country where literacy rates are very low. The objective of this business over the next few years will be to add a further US$6 million of capital to the loan book with the intention to become a ‘Pro Poor Bank’ and deposit taker by 2017. Sunlabob, Cambodia Sunlabob is what is known as a full service renewable energy provider based in Laos, Cambodia and potentially Burma in the future. This company provides commercially viable energy services for remote areas where the public electricity grid does not yet reach. In rural areas Sunlabob has acquired unrivalled knowledge and experience of local markets and stakeholders whilst developing energy solutions. These solutions are a mix of renewable energy offering a clean, safe and sustainable alternative to the consumption of kerosene or wood for lighting or other uses in rural households. These interventions support the progress of rural communities as people have light to pursue an education or income generating practices. Banah, UK Banah is a Northern Ireland based business which has patented and developed an environmentally friendly alternative to cement using ‘Geopolymers’. The company currently has grants and commitments of £6 million available, which will fulfill its initial business proposal. Banah’s management team has patented its product and has an increasing order book and its factory site has been secured in Northern Ireland. Amongst the many extraordinary properties of this ‘Geopolymer’ cement is that it has potentially 85% less carbon emissions in its production process when compared to Ordinary Portland Cement, the manufacture of which contributes 8% of the planet’s carbon emissions. Contact details Truestone Impact Investment Management Limited, Dixon House, 72-75 Fenchurch Street, London EC3M 4BR. Tel: +44 (0) 845 362 8424/0207 488 7110 Email: [email protected] www.truestoneimpactinvestment.co.uk This material is provided to you as a Professional Investor or a Sophisticated Investor and NOT intended for Retail Investors as defined by the Handbook of rules and guidance of the Financial Conduct Authority. If you are unsure about your classification or believe that you may not be a qualified investor please contact Truestone Impact Investment Management Limited. Please note that Truestone Impact Investment Management Limited cannot advise on whether this is a suitable investment for you. Truestone Impact Investment Management Limited is registered at Dixon House, 72-75 Fenchurch Street, London EC3M 4BR. Registered Number 07217744. Registered in England and Wales. Truestone Impact Investment Management Limited is authorised and regulated by the Financial Conduct Authority and has approved and issued this publication for the purposes of section 21 of the Financial Services and Markets Act 2000 (“FSMA”). RISK WARNING: Please be aware that there is no guarantee that this investment will achieve its objectives. Past performance is not a guide to future performance. The value of the investment and the income deriving from it can go down as well as up and cannot be guaranteed. You may get back less than you invested. UK Only The availability and promotion of the products in this document may be restricted by law in certain jurisdictions. This document does not constitute an offer or solicitation to anyone in any such jurisdiction, or to any person to whom it is unlawful in any other way to make such an offer or solicitation. TIIM040/V1/SEPT13