TriLinc Global Acquires Assets of MF Analytics
LOS ANGELES, Nov 5 (BusinessWire): TriLinc Global, LLC, a leading social impact investment company, today announced the completion of the acquisition of the assets of Cambridge, MA based, MF Analytics, Ltd., a provider of financial solutions for Microfinance and SME institutions worldwide. Terms of the deal were not disclosed.
“MF Analytics is a pioneer in creating innovative instruments that enable Microfinance and SME institutions to finance growth in under developed markets, which is a perfect fit with TriLinc’s mission of changing the world through social impact investments and we are excited to have this incredibly talented group of individuals join the TriLinc team.” said Gloria Nelund, CEO of TriLinc Global.
In 2006, MF Analytics created the first AAA-rated securitization of Microfinance loans in the world. MF Analytics securitized $180 million of loans held by Bangladesh-based BRAC, one of the largest Microfinance institutions in world. Working with Citibank, Netherlands-based FMO, and Germany’s KfW and other large national banks, MF Analytics provided the technical assistance to create and maintain this instrument for 6 years.
“This debt team and track record is a nice complement to TriLinc’s existing track record of successful private equity investing, and we are excited to have this incredibly talented group of individuals join the TriLinc family,” notes Troy Wiseman, Chairman of TriLinc Global.
The BRAC deal won IFR-Asia and CFO Magazine’s Annual Deal of the Year Awards. In its cover story on how global liquidity is driving financial innovation in Asia, CFO Magazine said about the deal: “In a year when the Nobel Foundation recognized the role of Microfinance in promoting peace in impoverished nations, the securitization of $180 million in BRAC loans in Bangladesh becomes a more meaningful endeavor for the non-profit organization.”
“TriLinc’s global diversified investment strategy and depth and breadth of experience is a natural fit that enables MF Analytics to continue building innovative solutions that bring measurable improvement to people in developing countries,” said Ray Rahman, Founder of MF Analytics.
About TriLinc Global, LLC
TriLinc Global, LLC is an investment company with offices in LA, Chicago, New York and Mexico City that invests in socially and economically conscious small and medium-sized enterprises (SMEs) world-wide. By leveraging its US heartland roots and analytical technology, TriLinc is able to provide solid investment returns while ensuring positive social and environmental impact.
About MF Analytics, Ltd.
MF Analytics, Ltd., based in Cambridge, Massachusetts, is a financial services company that provides consulting and analytics solutions to the global Microfinance and SME industry.
Contacts
Kristena Blume, 847-387-3609
kblume@trilincglobal.com
