The Global Impact Investing Network (GIIN) has launched a fund manager training program aimed at enabling investment fund managers in African and Asian high-growth regions to better attract, manage and deploy capital.
The training program will focus on managers in sub-Saharan Africa and South Asia, in line with the GIIN and JP Morgan 2014 Impact Investing Survey. Among the respondents, 91.8% planned to maintain or increase investment in sub-Saharan Africa and 85.5% planned to maintain or increase their investment in the region.
Pilot courses on capital raising were held earlier this year in India and Kenya with a total of 32 participants from 24 funds gathering together. Additionally, pilots on strengthening environmental, social, and governance (ESG) management took place in Ghana, Kenya, Nepal, and Vietnam, reaching 32 participants from 8 funds.
“We are pleased to support the broadening community of fund managers using investment to address important social and environmental issues.” said Luther M. Ragin Jr. (pictured) Chief Executive Officer of the GIIN. “As large-scale institutional investors look to make more impact investments, there is a critical need for qualified asset managers to aggregate and distribute impact investment capital.
Through future courses, investment fund managers supporting small and medium-sized enterprises with private equity, debt, and mezzanine capital will learn skills in impact capital raising (currently open for enrollment), strengthening Environmental, Social, and Governance (ESG) Management (currently open for enrollment), social and environmental performance management, an impact investment management.