MICROCAPITAL STORY: SNS REAAL’s SNS Asset Management of Norway and Partners Developing World Markets (DWM) and Triple Jump Conclude Investment Opportunity of SNS Institutional Microfinance Fund

Earlier this year, MicroCapital reported on the SNS Institutional Microfinance Fund, a trust created by Norway’s SNS Asset Management for investors to invest in microfinance. On January 15, 2007, the Norwegian firm began inviting Dutch investors to participate in the Fund. As the Fund’s investment period closed on April 1, the Fund had accumulated USD 167,365,350, a significantly larger amount than the original target of, at today’s exchange rate, USD 133,885,000.

Continue reading “MICROCAPITAL STORY: SNS REAAL’s SNS Asset Management of Norway and Partners Developing World Markets (DWM) and Triple Jump Conclude Investment Opportunity of SNS Institutional Microfinance Fund”

Similar Posts:

• MICROCAPITAL BRIEF: Luxembourg Invests $25m in First Close of Green Earth Impact Fund, Managed by BlueOrchard, Schroders
• SPECIAL REPORT: Partner with Agents for Impact, and We’ll Drive Impact Together!
• MICROCAPITAL BRIEF: Rite Water of India Nets $8m in Equity from Incofin via Water Access Acceleration Fund
• MICROCAPITAL BRIEF: Abler Nordic Sells Equity Stake in Microfinance Institution Baobab Senegal, Retains Holding in Parent Company
• MICROCAPITAL BRIEF: David Grimaud Named CEO of Palladium Group’s Bamboo Capital Partners