Institution details
Swiss Investment Fund for Emerging Markets (SIFEM) (SIFEM)
Key facts
- Established in 2005
- Ownership: Public
- Helvetiastrasse 17
- None
- https://www.sifem.ch
Latest update: 03/12/2021
| rating type | rating agency | type | rating |
|---|---|---|---|
| Institution rating | S&P | Foreign currency | AAA |
| Country rating | S&P | Local currency | AAA |
Products
- Risk capital funds
- Loans
Risk Capital Funds
- Long-term equity capital positions in funds that acquire an interest in local SMEs and fast-growing businesses
Loans
- SIFEM makes loans available to local banks, leasing companies, microfinancing companies, and other financial institutions.
- Financing is generally granted on a long-term basis at market conditions
Performance highlights
What's new?
- SIFEM has signed the Gender Finance Collaborative Joint Commitment Statement
- SIFEM invests primarily in sectors that are particularly important for the economic development of partner countries - These include manufacturing, transport, storage, communication, wholesale and retail trade, production of renewable energies, health, and education
- SIFEM only invests in funds and financial institutions that not only uphold high standards in environmental, social, and corporate governance, but oblige their portfolio companies to uphold the same standards ? It adheres to the standards and guidelines set by the UN, ILO, IFC, OECD, and EDFI
- SIFEM will occasionally make direct investments in financial institutions
- With the consent of the Swiss Federal Council, the fund management and portfolio management functions were outsourced to the specialized investment adviser Obviam in 2011