Equity

Acumen Fund

Contact: Nadege Joseph
Work 74 Trinity Place, 9th floor New York NY 10006 United States Work Phone: 212-566-8821 Website: http://www.acumenfund.org

Biography

Acumen Fund is a not-for-profit social venture fund that invests debt and equity in non-profits and businesses that provide health, water, housing and energy services to the poor in the developing world.

The firm prefers to invest in India, East and South Africa, and Pakistan,  typically between $0.3 million and $2 million in equity or debt with exit periods ranging from 5-7 years.

Acumen invests in non-profit organizations, small and medium for-profit companies in need of capital, and larger companies that are starting specific business units to serve the poor.

It seeks to invest in business models that can be effective in reaching the billions of poor without access to clean water, reliable health services, or formal housing options.

Its mission is to link high net worth individuals to some of the world’s most innovative problem-solvers through a portfolio approach.

A Tanzanian bed net manufacturer, a Pakistani drip irrigation provider and 33 other companies comprised the investment portfolio of $38 million as of October 2009.

Categories: $1M - $2M, $250,000 - $500,000, $500,000 - $1M, Africa, Agriculture / Forestry, All, Asia, Building & Construction, Community Development Venture Capital Firm, Debt, Energy: Any, Equity, First Outside Round, Less than $250,000, Life Sciences, Middle East, Other, Seed, Water
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