MICROCAPITAL BRIEF: Overseas Private Investment Corporation to Support Financing SMEs in Emerging Markets Through GATE Impact Investment Platform

The Overseas Private Investment Corporation (OPIC), a US government agency that works with private-sector firms in the US to invest in emerging markets, has selected GATE (Global Alternative Trading Engine) Impact, a New York-based financial services company, to establish the Impact Investment Platform for the Enterprise Development Network, an OPIC effort intended to help finance and otherwise support small and medium-sized enterprises (SMEs) doing business in emerging markets overseas.

GATE Impact is the latest GATE Developing Marketplace (GDM) launched by GATE Technologies which also owns GATE US, GATE India and GATE Brazil. GATE Impact applies the market infrastructure engine developed by GATE Technologies to the impact investing space to connect investors with socially oriented businesses and providing trading information from a variety of markets, including private equity, private debt, microfinance and environmental credits.

Financial details on GATE Technologies are not available. As of 2011, OPIC is active in 107 countries and reports a total portfolio of USD 14.5 million.

By Mihaela Grindeanu, Research Associate

About Overseas Private Investment Corporation (OPIC): The Overseas Private Investment Corporation (OPIC) is an agency of the US government that was established in 1971 as a development finance institution. OPIC works with private sector firms in the US to identify opportunities in emerging markets and create an enabling environment for private enterprise in developing countries. OPIC provides financing through direct loans as well as guarantees, political risk insurance and investment funds. As of 2011, OPIC is active in 107 countries and reports a total portfolio of USD 14.5 million.

Sources and Additional Resources:

Triple Bottom Line Investing blog story: “Impact Investing Platform Press Release”, http://blog.tbli.org/

MicroCapital.org story, July 10, 2012: “MICROCAPITAL BRIEF: Citigroup Wins 2012 Business in the Community International Award for Excellence, for Microfinance Partnership with Overseas Private Investment Corporation”, https://www.microcapital.org/microcapital-brief-citigroup-wins-2012-business-in-the-community-international-award-for-excellence-for-microfinance-partnership-with-overseas-private-investment-corporation/

MicroCapital.org story, November 23, 2011: “MICROCAPITAL BRIEF: Overseas Private Investment Corporation (OPIC) Launches “Global Engagement Call” Offering to Invest in Funds Operating in Emerging Markets”, https://www.microcapital.org/microcapital-brief-overseas-private-investment-corporation-opic-launches-%E2%80%9Cglobal-engagement-call%E2%80%9D-offering-to-invest-in-funds-operating-in-emerging-markets/

MicroCapital Universe Profile: Overseas Private Investment Corporation (OPIC), https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Overseas+Private+Investment+Corporation+%28OPIC%29

Browse the MicroCapital Universe and add your entry to the wiki at: https://www.microcapital.org/microfinanceuniverse/

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