MICROCAPITAL BRIEF: TBC Capital Asset Management Looking to Raise $75m for “TBC Capital Impact Investing Fund-I” to Invest in Microfinance, Sustainable Agriculture, and Clean and Base-of-Pyramid Infrastructure

TBC Capital Asset Management Incorporated, a Canada-based investment management firm with a special focus on impact investments, is launching its TBC Capital Impact Investing Fund-I (TBCCIIF-I), which is a pooled fund established to invest in organizations that operate in the areas of: (a) microfinance – mainly tier-2 microfinance institutions and service providers to them – which will account for approximately 65 percent of the fund; (b) small and medium-sized enterprises (SMEs) “with high positive impact,” especially those involved in sustainable agriculture, which will receive approximately 20 percent of fund investments; and (c) clean and “base-of-pyramid” infrastructure, accounting for approximately 15 percent of the fund [1]. The fund will be focused on developing countries and will also invest up to 10 percent in Canada and other developed countries. The targeted size of the debt-only, closed-end fund is CAD 75 million (USD 74 million). Financial details on TBC Capital Asset Management Incorporated are currently not available.

By Nisha Koul, Research Associate

About TBC Capital Asset Management Incorporated: TBC Capital Asset Management Incorporated, whose name is based on the line “Thinking Beyond Consensus,” is a privately owned Canada-based investment management firm with a special focus on impact investments – those that are intended to produce financial returns as well as positive social and/or environmental impacts. TBC Capital Incorporated, an affiliate of TBC Capital Asset Management Incorporated, is focused on raising capital for external fund managers and for internally developed and managed impact investment strategies, such as the TBC Capital Impact Investing Fund-I. TBC Capital Impact Investing Fund-I is a debt-only, closed-end fund with a targeted size of CAD 75 million (USD 74 million).

Sources and Additional Resources:

[1] Information submitted to MicroCapital, December 2011

MicroCapital.org story, August 5, 2011, “MICROCAPITAL BRIEF: International Finance Corporation (IFC) to Hold Workshop on “Equator Principles” for Thai Banks Regarding Environmental and Social Risk Management,” https://www.microcapital.org/microcapital-brief-international-finance-corporation-ifc-to-hold-workshop-on-%E2%80%9Cequator-principles%E2%80%9D-for-thai-banks-regarding-environmental-and-social-risk-management/

MicroCapital Universe Profile: TBC Capital Asset Management Incorporated, https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=TBC+Capital+Asset+Management+Inc.

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