MICROCAPITAL BRIEF: C-Quadrat Asset Management’s Vision Microfinance Funds Loan $7m to Microfinance Institutions (MFIs) in Cambodia, Ecuador, Nicaragua, Nigeria, India

During August 2015, Austrian asset manager C-Quadrat Asset Management issued loans worth the equivalent of USD 7 million via its two Vision Microfinance funds to unspecified microfinance institutions (MFIs) in Cambodia, Ecuador, Nicaragua, Nigeria and India. Of this total, C-Quadrat Asset Management invested USD 1 million in an MFI based in Lagos, Nigeria. While financial details on this MFI are not available, it does use a “digital finger printing system to avoid multiple lending to clients.”

Formerly known as Absolute Portfolio Management GmbH, C-Quadrat Asset Management GmbH provides investment and advisory services in the field of microfinance. The firm’s Dual-Vision Microfinance and Dual Return Fund-Vision Microfinance Local Currency Return Fund were created in 2006 and report combined assets of USD 267 million under management as of August 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 267 million under management as of August 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:

Information provided to MicroCapital through direct communication with C-Quadrat Asset Management

MicroCapital Universe Wiki: C-Quadrat Asset Management

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