Toronto, ON, CA – April 5, 2017 – Convergence today officially launched its Investment Network, an online matchmaking platform that connects credible private, public, and philanthropic investors with one another to invest in blended finance deals in emerging and frontier markets.
The Investment Network consists of an Investor Database and a Deal Database that help broaden investors’ networks and simplify the screening process for blended finance deals – deals that use catalytic capital from public or philanthropic sources to increase private sector investment in emerging markets for global development impact. Members can browse or be matched automatically with screened investors and deals that align with their investment needs across sectors and regions.
Starting today, over 100 institutions have been approved for membership on the Investment Network. Members will be able to browse deals that have a substantial emerging market focus and come from sectors including infrastructure, education, agribusiness, financial services, and healthcare.
“Blended finance will contribute significantly to closing the $2.5 trillion annual gap in funding needed to achieve the Sustainable Development Goals – but making deals happen isn’t easy. The Investment Network will simplify the process by allowing investors to quickly filter and find deals and partners across sectors and regions that meet their investment needs and create development impact,” said Peter Stoute-King, Managing Director of the Investment Network at Convergence.
Interested institutions can register to join the Investment Network today as investors – accredited investors, foundations, and public institutions such as investment agencies and development finance institutions – and/or deal sponsors – institutions seeking to raise capital for a project or fund.
In addition to the Investment Network, Convergence also offers grant funding to support the early-stage design of blended finance vehicles and aims to build the evidence base for blended finance through data, case studies, and convenings. Visit www.convergence.finance to learn more.
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