SNS Asset Management launches a micro-credit fund: SNS Institutional Microfinance Fund in Partnership with Developing World Markets and Triple Jump

SNS Asset Management will launch a large institutional investment fund which aims to provide resources for microfinance institutions (MFIs) worldwide. SNS Asset Management is a Dutch-based asset manager for institutional investors and currently manages assets exceeding 15 bn euros. The SNS Institutional Microfinance Fund has a target size of USD 196,028,000 which is believed to impact around 4 million people in developing regions.

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