MICROCAPITAL BRIEF: Dual Return Funds Managed by C-Quadrat Loan $12m to Microfinance Institutions (MFIs) in Asia, Latin America, Tanzania

During the month of June 2016, Austria’s C-Quadrat Asset Management GmbH issued loans worth the equivalent of USD 12 million via its two Dual Return Funds to unspecified microfinance institutions (MFIs) in Cambodia, India, Nicaragua, Peru, the Philippines, Sri Lanka and Tanzania. USD 1 million of this total was invested in the MFI in Tanzania, which is based in Arusha and is organized as an NGO. Founded in 1993, it now employs 560 people, serving approximately 100,000 micro- and small businesses. Of these, 62 percent are women-owned, with the primary business activity being trading. Financial information on the organization is not available, but it has endorsed the Smart Campaign’s Client Protection Principles.

C-Quadrat Asset Management GmbH is an Austria-based provider of investment 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 300 million under management as of July 2016. C-Quadrat Asset Management is a unit of Austrian fund group C-Quadrat, which manages assets equivalent to EUR 5.3 billion (USD 5.9 billion) as of May 2016.

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 300 million under management as of July 2016. 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

MicroCapital Universe Wiki: Smart Campaign

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