Canadian asset manager Deetken Impact recently launched the Deetken Impact Alternative Finance Fund IV with a target volume of USD 100 million. Deetken plans to deploy the fund’s assets as “founder-friendly… debt structures ranging from revenue-based financing to subordinated loans with or without equity kickers” in firms in Latin America and the Caribbean that are active in “education, healthcare, affordable housing, financial inclusion, circular economy and responsible consumption.” Deetken manages five funds with a total volume of USD 150 million. The firm has a staff of 22 deployed across the Americas as of 2022.
Sources and Additional Resources
Deetken press release
https://deetkenimpact.com/blog/deetken-impact-launches-gender-smart-alternative-finance-fund/
More news from MicroCapital on Deetken
https://www.microcapital.org/?s=deetken
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