MICROCAPITAL BRIEF: C-Quadrat’s Vision Microfinance Funds Loan $13m to Microfinance Institutions (MFIs) in Ecuador, India, Kenya, Mauritius, Nicaragua, Romania

During November 2015, Austrian asset manager C-Quadrat Asset Management issued loans worth the equivalent of USD 13 million via its two Vision Microfinance funds to unspecified microfinance institutions (MFIs) in Ecuador, India, Kenya, Mauritius, Nicaragua and Romania. USD 2 million of this total was invested in an MFI based in Nairobi, Kenya. This microfinance institution was incepted in 2009 and offers a range of financial products for women working in the agricultural sector [1]. Financial information on the MFI is not available.

Known as Absolute Portfolio Management GmbH until 2012, C-Quadrat Asset Management GmbH provides investment and advisory services in the field of microfinance. The firm’s Dual Return Fund – 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 November 2015. C-Quadrat Asset Management is a unit of Austrian fund group C-Quadrat, which manages assets equivalent to EUR 5.4 billion (USD 6.1 billion) as of September 2015.

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 Fund – 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 November 2015. C-Quadrat Asset Management is a unit of Austrian fund group C-Quadrat, which manages assets equivalent to EUR 5.4 billion (USD 6.1 billion) as of September 2015.

Sources and Additional Resources:

Information provided to MicroCapital directly by C-Quadrat Asset Management

MicroCapital Universe Wiki: C-Quadrat Asset Management

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