Emerging Markets

Investment Focus PDF Print E-mail

Sectors
The Fund invests in SMEs across multiple sectors and is not confined to investments in specific industries. While the Fund employs a ground-up approach to investment identification across all key sectors in both countries, sectors of focus include: business services (professional services, IT, logistics/transport), agri-business/processing, light manufacturing, consumer, retail and financial services.

Typical Investee Profile

Consistent with the Fund’s investment proposition, regardless of sector or deal classification, the following business characteristics are critical to CLDF investments:

  • Management commitment to transparency and international-standard business management
  • “New economy” entrepreneurs whose position and success are driven by service/product performance
  • High-performing businesses within their sectors, partocularly those with opportunity for hyper-growth
  • Opportunity for positive impact on overall economic development in each company’s respective country
  • EMI team having a substantial opportunity to influence their strategic and operational development

Broad Investment Characteristics

CLDF will make equity and equity-related investments between $250K and $2M per investment.  Typically, CLDF will make investments where it secures a meaningful minority ownership interest (10%-49%).  CLDF does not generally take majority positions as we seek to back managers who have the expertise and experience to successfully grow their business.  The particular investment structure and investment type will be driven by the unique needs and characteristics of each business.

Social and Environmental Management and Good Governance

The Fund has adopted a rigorous Social and Environmental Management System, which will ensure that our investees meet commitments to standards as set out in the Performance Standards of the International Finance Corporation, as well as those Applicable Requirements defined by each target country’s laws and responsibilities under signed international conventions.

CLDF’s investees must also show adequate commitment to observing good governance practices, including Good Corporate Governance and the avoidance of sanctionable practices – corrupt, fraudulent, coercive, collusive and obstructive practices - and compliance with national taxation and reporting laws.

EMI’s team seeks to work with its investees to ensure systems of Good Corporate Governance and compliance are in place, in particular with a view to working with management towards future Initial Public Offerings.

 
 

Latest News

EMI is pleased to welcome two new Investment Officers to the team: Ms. Noun Monisophorn and Mr. Chhay Mony. Mony is a member of ACCA with 10 years of experience in accounting and financial management, including as Financial Controller of BAT Cambodia. Sophorn received her MBA in International Finance from Brandeis IBS under the Fulbright Scholarship Program and has been an associate with PWC and Frontier Development Partners.

You are here  : Home About The Fund Investment Focus