Oxfam launches its first investment fund - Civil Society - Finance - News - providing news and in-depth coverage of charities, voluntary organisations and not-for-profits: Oxfam has launched an investment fund, with social and financial returns, which will target small and medium companies in developing countries by investing in local financial intermediaries which focus on small enterprise development.
The fund, called the Small Enterprise Impact Investment Fund (SEIIF) is a joint initiative between Oxfam and asset management group Symbiotics, which already manages $200m in 24 microfinance funds. It will target small and medium enterprises in developing countries, and give investors both measurable social impacts and financial returns. Investors are being sought for the fund.
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