INVESTORS

• Overseas Private Investment Corporation (OPIC)
• Triodos Fair Share Fund
• Hivos-Triodos Fund
• The Norwegian Investment Fund for Developing Countries (Norfund)
• Triple Jump
• Strømme Microfinance East Africa
• The Ford Foundation
• The David and Lucile Packard Foundation
• CARE USA
• Three Guineas Fund
• Calvert Social Investment Foundation
• MMA Community Development Investments, Inc.
• Monarch Community Fund, LLC

PARTNER INSTITUTION

• BRAC

SOLUTIONS

• Structuring of the fund including extensive financial modeling work to test the viability of various structures and pricing and to determine the appropriate size of the fund
• Development of marketing materials including a detailed private placement memorandum and investor presentation(s) to be used in the fundraising effort
• Research to support all aspects of the transaction
• Due diligence on BRAC’s operations in Africa
• Development of an investor targeting strategy with a focus on matching investor total return expectations (finance and development) with BRAC's underlying business model
• Investor roadshows
• Negotiation of the terms and pricing of the fund
• Sourcing and liaising with legal counsel for the transaction
• Overall transaction management

SERVICES

• Transaction preparation and execution
• Concept testing and adjustment
• Marketing
• Transaction closing
• Servicing over life of the fund

RESULTS

• SBI proposed and was hired to raise a loan fund to provide BRAC the capital it needs to implement the growth stage of its vision for Africa. 
• The fund targeted investors whose total return expectations matched BRAC's underlying business model.
• The fund successfully closed October 2008.