WHO’S WHO IN MICROFINANCE: Triodos Fair Share Fund

The Triodos Fair Share Fund, a microfinance investment vehicle, was founded in 2002 by Triodos Bank, a private Dutch bank focused on social investment. The fund is unique among Triodos Bank’s three investment vehicles devoted to microfinance—the others being the Triodos Doen Foundation and Hivos-Triodos Fund Foundation—in that it is the only microfinance-based fund that is entirely managed by the bank. Triodos Fair Share is entirely financed by private investors working with Triodos Bank. The fund has an investment portfolio of USD 23.4 million, and utilizes an investment criterion where qualified organizations must have demonstrated a profitable financial record of two to three years. The vast majority of this portfolio, 99 percent, is invested in 31 microfinance institutions (MFIs). Triodos Fair Share is controlled by Triodos Investment Management and a Supervisory Board.

Paul Deiters, Marleen van den Horst, and C. Heijn are members of the Supervisory Board for Triodos Fair Share, with Mr. Deiters as the chairman. Mr. Deiters serves as the co-founder and Managing Director of equity investment firm Halder Holdings. Mr. Deiters is also a member of the executive committee of GIMV, Belgium’s largest investment company, and vice-president of the company’s Corporate Investment Netherlands division.

Ms. Horst is a lawyer with expertise in patent litigation and regulatory proceedings within the healthcare industry. She is the chair of the Dutch Chapter of Women’s World Bank, member of the Advisory Boards of the Hague Inner City Foundation and Dutch Kidney Foundation. Ms. Horst is also a speaker on intellectual property for non-profit LES Benelux and the Annual Conference on International Intellectual Property Law and Policy of Fordham University in the US. As for Mr. Heijn, no other information is available.

Adri Dijkstra and J.M.F. Verheijen are the board members of Triodos Custody, Custodian for Triodos Bank and Triodos Fair Share. Mr. Dijkstra serves on the Board of Management for Triodos Bank. In 2006, he served as the bank’s Chief Operations Officer. No further information on Mr. Verheijen is available.

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