MICROCAPITAL BRIEF: C-Quadrat Asset Management’s Vision Microfinance Funds Issue $6m in Credits to Microfinance Institutions (MFIs) in Armenia, Colombia, Georgia, Mongolia, Nigeria, Tajikistan and Paraguay

During May 2015, Viennese asset manager C-Quadrat Asset Management USD 6 million worth of credits via the two Vision Microfinance funds to unspecified microfinance institutions (MFIs) in Armenia, Colombia, Georgia, Mongolia, Nigeria, Tajikistan and Paraguay. Of this total, C-Quadrat Asset Management invested USD 500,000 in the microfinance institution based in Ulaanbaatar, Mongolia. Founded in 2001, this institution targets micro-, small and medium-sized enterprises (MSMEs) and provides services to approximately 3,200 clients.

Formerly known as Absolute Portfolio Management GmbH, C-Quadrat Asset Management GmbH is an Austria-based provider of investment and advisory services in microfinance. 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 258 million under management as of May 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.

By Meredith Steih, 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. 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 258 million under management as of May 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

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