Female founded and female led TriLinc Global Impact Fund celebrates its 10 year Anniversary this June of making positive and measurable ESG and Impact Investments.
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CEO Gloria Nelund Joins Cerity Partners Podcast in New York on “Women Harnessing Their Financial Power to Invest”
Click here to listen this insightful and educational session.
Our 2022 Sustainability and Impact Report Is Now Available
The Private Debt Plus® 2022 Sustainability & Impact Report provides an overview of the environmental, social and governance (ESG) and impact activities across all TriLinc-supported vehicles from June 2013 through December 2022. TriLinc has invested over $1.5 billion in 38 developing economy companies and worked tirelessly to engage with our borrower companies to overcome challenges from COVID-19 that continued to impact their businesses. Through ESG and impact measurement analyses and case studies, this report demonstrates how small and medium enterprise borrower companies are helping to contribute to the economic, social, and environmental well-being of their communities.
To download a copy of the report, please click here.
TriLinc Chief Investment Officer Paul Sanford offers commentary on recent bank fallout
TriLinc Celebrates International Women’s Day
As a female-founded, female-led, and diverse owned management firm, TriLinc is pleased to honor and celebrate International Women’s Day today, March 8th and every day.
TriLinc Global Goes Beyond
TriLinc is honored to be a certified B Corp and to join over 6,000 Certified B Corporations in more than 80 countries and 150 industries to recognize March as B Corp Month. We were founded on the belief that the power of capital markets can be used to solve pressing socioeconomic and environmental challenges and companies that employ sustainable business practices, in the long term, make better investments. We Go Beyond.
TriLinc Provides New Capital to 6 SMEs With Part of the $50 Million Funding From BlueOrchard Impact Investment Managers and KfW DEG Investment Group
MANHATTAN BEACH, Calif. – TriLinc Global Impact Fund, LLC (“TGIF”) announced today that since receiving new funding in December from subsidiaries of BlueOrchard Impact Investment Managers (“BlueOrchard”) and KfW DEG Investment Group (“KfW DEG”), new capital has been provided to six small and medium-sized enterprises in developing economies where access to capital is one of the biggest hurdles to growing, creating quality jobs and contributing to the further development of local healthcare, education and other community services. It is expected that the credit facility will be used by TGIF to provide additional capital to seven companies during Q1 2023. The December funding consisted of $25 million from Luxembourg-based BlueOrchard, who previously provided financing to other TriLinc Global-sponsored funds, and $25 million from the Cologne- based investment group KfW DEG. BlueOrchard previously provided capital to two funds sponsored by TriLinc Global, LLC (“TriLinc Global”), the sponsor of TGIF, for a combined total of $43 million. This new capital for TGIF will be dedicated to financing growth-stage, small and medium-sized enterprises (“SMEs”) primarily in select developing economies. SMEs are significant contributors to the economies of developed countries and developing economies.
“These lending commitments from BlueOrchard and KfW DEG confirm our strategy of investing in developing economies and significantly helps support our mission to harness the power of capital markets in solving global challenges facing our society,” commented Gloria Nelund, CEO and Founder of TriLinc Global. “By intentionally selecting investments with the potential for market-rate financial returns and positive measurement impact, TriLinc Global seeks to meet its goals to do well by doing good.”
According to World Bank figures, SMEs as a group generate approximately 40% of national income in the developing world, but the global credit gap for these enterprises totals $5.2 trillion¹. KfW DEG and BlueOrchard have added $50 million to the funding TGIF can lend to SMEs in emerging markets.
With the new facility provided by KfW DEG and BlueOrchard, TGIF will be able to lend to more companies, extending its impact, which includes the ability to provide medium-term capital needed by SMEs to improve their operations, hire more people and expand their reach.
Normunds Mizis, Chief Credit Officer of BlueOrchard. said, “We believe by supporting TGIF, we can increase impact investing for a sustainable world. We are delighted to be partnering with the dedication and hard work of the TriLinc team in emerging markets.”
About TriLinc Global, LLC
TriLinc Global (www.trilincglobal.com)
TriLinc Global is a female-founded, majority female-owned impact investing fund sponsor with a mission to link market-rate returns, positive impact, and scalable solutions. Through its deal origination and servicing partners, TriLinc Global has invested over $1.3 billion in private debt globally and seeks to demonstrate the power of capital markets in helping solve some of the world’s pressing socioeconomic and environmental challenges. The TriLinc Global funds provide growth-stage loans and trade finance to established SMEs in select developing economies where access to affordable capital is limited. Borrower companies must demonstrate the ability to pay market rates, pass TriLinc Global’s environmental, social, and governance (ESG) screens, and commit to tracking and reporting on self-identified impact metrics.
TriLinc Global complements its global macroeconomic portfolio organization and management with investment services from experienced deal origination and servicing partners that have established track records on target asset-classes and geographies, and access to a high-quality investment pipeline.
About TriLinc Global Impact Fund, LLC
TGIF is a public non-listed, externally managed, limited liability company that makes impact investments in SMEs, primarily in developing economies, that provide the opportunity to achieve both competitive financial returns and positive measurable impact. TGIF invests in SMEs through experienced local market sub-advisors to create a diversified portfolio of financial assets consisting primarily of private debt instruments. In addition, TGIF aggregates and analyzes social, economic, and environmental impact data to track borrowers’ progress and measure success against stated objectives.
Forward-Looking Statements
This press release contains forward-looking statements (including, without limitation, statements concerning the use of the credit facility and the impact on borrower SMEs) that are based on TGIF’s current expectations, plans, estimates, assumptions, and beliefs that involve numerous risks and uncertainties, including, without limitation, the future operating performance of the borrowers and those risks set forth in the “Risk Factors” section of TGIF’s Annual Report on Form 10-K for the year ended December 31, 2021, filed with the Securities and Exchange Commission (“SEC”) on March 22, 2022, as amended or supplemented by TGIF’s other filings with the SEC. Although these forward-looking statements reflect management’s beliefs as to future events, actual events or TGIF’s investments and results of operations could differ materially from those expressed or implied in these forward-looking statements. To the extent that TGIF’s assumptions differ from actual results, TGIF’s ability to meet such forward-looking statements may be significantly hindered. You are cautioned not to place undue reliance on any forward-looking statements. TGIF cannot assure you that it will attain its investment objectives. Any forward-looking statements presented herein are made only as of the date of this press release, and TGIF does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.
1) World Bank Group “Improving SME’s Access to financing and finding innovative solutions to unlock sources of capital” pulled July 2022.
Contacts
Media Contact
Robert Kronman – Director of Marketing
rkronman@trilincglobal.com
(o) 424 200 6202
(c) 310 497 2116
All Other Inquires
Tim Stidham – Head of Global Distribution
tstidham@trilincglobal.com
(o) 310 997 0580
(c) 949 233 1361
TriLinc Global Ranks in Top 10 of Real Leaders Impact Investing Companies in 2023
MANHATTAN BEACH, Calf.- TriLinc Global, LLC (“TriLinc”) has been selected as one of the “Real Leaders Top Impact Investing Companies of 2023”.
The impact awards, its fifth annual ranking, was developed by Real Leaders to show that business can thrive as a force for good and ranks the positive impact of companies that are leveraging the engine of capitalism for the greater good. The 2023 list features a mix of 300 respected impact brands of all sizes and a variety of industries from around the world. Applicants were evaluated based on social and environmental impact and ranked using The B Lab assessment metrics as well as growth rate and scale. Applicants were required to provide verification of growth and practices. To view the listing [full list of categories and winners] click here : http://real-leaders.com/ypo-spring-2023/22/
“We are excited to welcome new and past company winners to the impact movement, and into the Real Leaders Impact Awards community” said Mark Van Ness, Founder of Real Leaders. “It’s encouraging to see how this movement is going mainstream with businesses all over the world.”
“We are very honored to be included on this list and to be recognized for our mission to harness the power of the capital markets in helping to solve global challenges facing our society,” said Gloria Nelund, Founder and CEO of TriLinc. “TriLinc is excited to be working alongside impact industry peers to move impact investing further into the mainstream.” stated Nelund.
About TriLinc Global, LLC
Established in 2008, TriLinc Global is a private impact investment fund sponsor that seeks to provide investors with access to institutional-class, market-rate-return impact investment funds. Through its sponsored funds, TriLinc has developed a systematic approach to the packaging, registration, and distribution of alternative investment products that pursue unique yield-oriented strategies that change the world for the better.
About Real Leaders
Real Leaders is a membership community for impact leaders with a global media platform dedicated to driving positive change. It’s on a mission to unite farsighted leaders to transform our shortsighted world. Founded in 2010, Real Leaders recognized early on that businesses bore a responsibility to be as cognizant of their impact on employees, society, and the planet as they are on their bottom line. Real Leaders is a B Corporation, member of the UN Global Company, and is independently owned.
DISCLOSURE
Real Leaders ranking is based on their “Force for Good” Score. This score takes into account the company’s 5-year sales growth, revenue and B Impact Assessment. TriLinc submitted its application for consideration with the entry fee in August 2022. TriLinc’s receipt of this award is in no way indicative of any individual client or investor’s experience with TriLinc, TriLinc Advisors, LLC or TriLinc Global Advisors, LLC, or of any past or future investment performance. This information is for general purposes only and does not represent a recommendation or offer of any particular security, strategy or investment.
Contacts
Media Contact
Robert Kronman – Director of Marketing
rkronman@trilincglobal.com
(o) 424 200 6202
(c) 310 497 2116
Protected: Q3 2022 TGIF Portfolio and Impact Update
TriLinc enhances its partnership with Private Credit provider WCA as New Sub-Advisor for Business Expansion in Africa and Latin America
MANHATTAN BEACH, Calif. – BUSINESS WIRE – TriLinc Global Impact Fund, LLC (“TriLinc Global Impact Fund” or “TGIF”) announced today the approval of WCA (Working Capital Associates) LLP (“WCA”) as a new sub-advisor for business expansion and socioeconomic development in Africa and Latin America. WCA initially entered into a partnership with TriLinc Global, LLC (“TriLinc”) in January 2022 to act as an origination and servicing partner for its private funds.
“We are very excited to be expanding our partnership with Working Capital Associates for broadening our existing term loan and trade finance investment capabilities throughout Africa and Latin America”, stated Gloria Nelund, CEO and founder of TriLinc. “International trade has the potential to deliver important short, medium, and long-term economic development to SMEs and the communities in which they operate. WCA’s experienced track record, local in-country presence and institutional quality approach to portfolio management aligns with our goal to deliver risk-adjusted returns to our investors while creating positive measurable impact in communities across the globe.”
Federica Sambiase, WCA’s CEO & Founder commented, “This new agreement comes after over a year of co-investing with TriLinc in our portfolio of food value chains in Africa and Latin America. It represents an important step towards achieving WCA’s mission of scaling up its highly successful approach. WCA feels privileged to partner with TriLinc to successfully scale its operations based on a tried-and-proven business model: providing access to capital to high-growth food systems in developing countries, creating proven societal impact and, at the same time, market-rate returns for investors. Our alliance is underpinned by our shared investment values and by our desire to advance the female investing agenda”.
About TriLinc Global Impact Fund
TGIF is a public non-traded, externally managed, limited liability company that makes impact investments in SMEs in developing economies that provide the opportunity to achieve both competitive financial returns and positive measurable impact. TGIF invests in SMEs through experienced local market sub-advisors and expects to create a diversified portfolio of financial assets consisting primarily of collateralized private debt instruments. In addition, TGIF aggregates and analyzes social, economic, and environmental impact data to track progress and measure success against stated objectives. For more information, please go to our website: www.trilincglobal.com
About Working Capital Associates
Working Capital Associates is a 2X Criteria, female led and founded alternative private credit provider, specialized in responsible financing to sustainable food systems for high growth SMEs in Africa and Latin America. WCA’s vision is to grow climate-smart food systems, by providing private credit to support mid-stream players that use and/or intend to grow the usage of climate-smart transformative production processes. WCA’s strategy is to provide working capital financing to cover the order-to-cash trade cycle, and to incentivize the transition from traditional production methods to climate friendly processing.
Founded in 2018, WCA operates within the framework of three key UN development principles: SDG 2 (food security and sustainable agriculture), SDG 12 (sustainable consumption and production patterns) and SDG 8 (inclusive and sustainable economic, growth, employment, and decent work). Its team is comprised of 8 different nationalities and is spread across 3 continents, with physical presence in each of the target investment countries. The senior members at WCA have more than 85 years of combined experience in private and alternative debt investments in Africa and Latin America.
For more information, please visit us on: https://www.workingcapitalassociates.com/
For media, please visit: https://www.workingcapitalassociates.com/media-pack
Forward Looking Statements
This press release contains forward-looking statements (including, without limitation, statements concerning the use of financing provided to borrowers and the expected repayment of financing extended to the borrowers) that are based on TGIF’s current expectations, plans, estimates, assumptions, and beliefs that involve numerous risks and uncertainties, including without limitation, the future operating performance of the borrower and those risks set forth in the “Risk Factors” section of TGIF’s most recent Annual Report on Form 10-K, as amended or supplemented by TGIF’s other filing with the Securities and Exchange Commission. Although these forward-looking statements reflect management’s belief as to future events, actual events or TGIF’s investments and results of operations could differ materially from those expressed or implied in these forward-looking statements. To the extent that TGIF’s assumptions differ from actual results, TGIF’s ability to meet such forward-looking statements may be significantly hindered. You are cautioned not to place undue reliance on any forward-looking statements. TGIF cannot assure you that it will attain its investment objectives.
Contacts
Robert Kronman – Director of Marketing, TriLinc Global
rkronman@trilincglobal.com
(o) 424 200 6202
(c) 310 497 2116