MICROCAPITAL BRIEF: C-Quadrat Asset Management’s Dual Return Vision Funds Loan $1.25m to Microfinance Institutions (MFIs) in Armenia, Ghana

During April 2015, Austria’s C-Quadrat Asset Management disbursed from its Dual Return Funds local-currency loans totaling USD 1.25 million to unspecified microfinance institutions (MFIs) in Armenia and Ghana. Of the total, USD 500,000 was lent to the MFI headquartered in Accra, Ghana, which was founded in 2007 and provides services to micro-, small, and medium-sized enterprises (MSMEs).

C-Quadrat Asset Management oversees two funds, Dual Return Fund – Vision Microfinance and Dual Return Fund – Vision Microfinance Local Currency, which were created in 2006 and report combined assets of USD 255 million under management as of April 2015. The organization was known as Absolute Portfolio Management until March. Its parent company, the C-Quadrat Group, manages assets equivalent to EUR 4.8 billion (USD 6.3 billion) as of December 2013.

By Charlotte Newman, Research Associate

About C-Quadrat Asset Management

Formerly known as Absolute Portfolio Management GmbH, C-Quadrat Asset Management GmbH is an Austria-based provider of investment and advisory services in microfinance and other sectors. The firm’s Dual Return – Vision Microfinance and Dual Return Fund – Vision Microfinance Local Currency were created in 2006 and report combined assets of USD 255 million under management as of April 2015. C-Quadrat Asset Management is a unit of Austrian fund group C-Quadrat, which manages assets equivalent to EUR 4.8 billion (USD 6.3 billion) as of December 2013.

Sources and Additional Resources:

Direct communication with C-Quadrat Asset Management

MicroCapital.org, March 12, 2015, “MICROCAPITAL BRIEF: C-Quadrat Asset management, Formerly Absolute Portfolio Management, Loans $2.5m for Microfinance in Benin, Cambodia, Georgia

MicroCapital.org, January 13, 2015, “MICROCAPITAL BRIEF: Absolute Portfolio Management’s Vision Microfinance Funds Invest $8.5m in Microfinance Institutions in Cambodia, Costa Rica, Ecuador, Peru

MicroCapital Universe Profile: C-Quadrat Asset Management

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