FINNFUND

Microfinance Funds Universe > Non-Commercial Funds > Development Agency > FINNFUND

FINNFUND – Finnish Fund for Industrial Cooperation Ltd.

Key features

• Country of incorporation: Finland
• Year founded: 1980
• Legal Status: Development Finance Institution
• Fund Assets: USD 155,097,450 ( EUR 131,000,000 as of 2005-12-31)
• Fund Assets Allocated to MF Investments: USD 7,814,070 (EUR 6,600,000 as of 2005-12-31)
• Number of active MF investment: 4 ( as of 2005-12-31)
• Area of Operation: n/a
• Participant(s)/Backer(s)/Investor(s): n/a

Brief Description

Finnfund is a Finnish development finance company that provides long-term risk capital for profitable projects in developing countries and transition economies outside the EU. We finance private projects that involve a Finnish interest.

Apart from co-investing with Finnish companies we can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

Finnfund will promote business activities indirectly by participating in financing the financial sector – especially microfinance and infrastructure. These operations will be selective: mainly in countries in which Finland has long-term development co-operation relationships, for the most part in Africa, principally together with other development finance institutions and primarily within projects that have major positive development and environmental effects.

Contact Information

P.O. Box 391 (Ratakatu 27) Helsinki FIN-00121 Finland

Peter Platan Financial Analyst +358 9 3484 3327 peter.platan@finnfund.fi

Link on MIX Market

http://www.mixmarket.org/en/supply/supply.show.profile.asp?token=&ett=1552