Confidential 11/22/2013 1 A Global Private Equity Firm • Impact and Microfinance investment pioneers • Management team with track record • Diversified portfolio by geography and stage • Demonstrated attractive fund returns • Offices in Geneva, Luxembourg, Singapore, Bogota and Nairobi. $250M Private Equity 46 Investments 30 Countries 4 Regional Hubs Bamboo Finance is a private equity investor specializing in business models that benefit low-income communities in emerging markets.
Measuring the impact of investments remains a main challenge for sustainable finance professionals and, together with Climate Change, an overarching theme at TBLI. Sixteen related workshops offer debate on ESG and Impact Investing trends, private equity, portfolio strategy, food production, emerging markets, sustainable energy or philanthropy investing.
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A Global Private Equity Firm
• Impact and Microfinance investment pioneers
• Management team with track record
• Diversified portfolio by geography and stage
• Demonstrated attractive fund returns
• Offices in Geneva, Luxembourg, Singapore, Bogota
$250M Private Equity
4 Regional Hubs
Bamboo Finance is a private equity investor specializing in business models that benefit low-income communities in emerging markets.
Bamboo Finance Model
Our Vision Demonstrate that private capital can be profitably deployed as a tool for effective social and environmental change. Our Mission Deliver attractive financial and social returns to our investors by investing in companies improving livelihood or providing access to essential services for low-income communities in emerging markets.
• Invest in companies that reach low-income markets profitably • Focus on quality and affordable essential services such as healthcare,
education, housing, financial services and renewable energy • Fund innovative distribution and financing models • Develop ecosystems of supply chain and support services • Expand and strengthen local economies, communities and businesses • Integrate impact measurement alongside financial performance from the
Model Management Market
Is there a commercially viable business model that can be scaled. Is there an
economic value proposition across the supply chain.
Does the team have the capabilities to
execute the business plan
Is there a market for the products or services and
it is large enough to support growth
Bamboo Finance Model: Investment Criteria
THE COMPANY PROVIDE AFFORDABLE ESSENTIAL GOODS AND/OR SERVICES TO LOW INCOME COMMUNITIES
THE PRODUCT/SERVICE RESULT IN IMPROVEMENTS IN QUALITY
OF LIFE AND OR, EFFICIENCIES THAT TRANSLATE INTO INCREASED INCOME OR REDUCED EXPENSES
The Oasis Fund invests in commercially viable companies that
provide access to housing, healthcare, education, energy,
financial services and agriculture.
The Financial Inclusion Fund invests in a range of
microfinance institutions and funds serving the lowest socio-
economic segments in emerging economies.
Bamboo Finance Funds
Financial Inclusion Fund
XAC BANK (Mongolia)
APOYO INTEGRAL (El Salvador)
EFC (Zambia) EDPYME NUEVA VISION (Peru)
BANCO VISION (Paraguay)
AAVISHKAAR VIENOVA (India)
APOYO INTEGRAL (Mexico)
BANCO FIE (Bolivia)
FIE GRAN PODER (Argentina)
BANCO WWB CALI (Colombia)
APOYO INTEGRAL (Guatemala)
SVASTI (India) ASMITHA (India)
BANCO POPULAR (Honduras)
BAI TUSHUM (Kyrgyzstan) CHF (Romania)
IMMERSION (Pakistan) GREENLIGHT PLANET
JOMA (Vietnam, Laos)
KOPO KOPO (Kenya)
CARECROSS (South Africa)
Financial Inclusion Fund I - Current Investments Oasis Fund - Current Investments
Geneva & Zurich (Switzerland)
Portfolio To Date: 46 Investments in 30 Countries
We Track and Measure Impact
• We developed an Impact Management System defining a comprehensive process to identify, measure, monitor and enhance impact in our investments.
• We developed and apply a proprietary social performance scorecard, ASPIRE.
• We engage with industry initiatives that promote best practices in the field of social performance, such as the UNPRI/PIIF, the SPTF the Smart Campaign and Micro Finance Transparency.
SYSTEMS & PROCESSES
MONITORING AND MEASUREMENT
BEST PRACTICES AND FIELD BUILDING
Financial Inclusion Portfolio Outreach*
*As of 9/30/12
We Are A GIIRS Rated Pioneer Fund! Oasis is one of the first funds to receive a rating using this innovative impact measurement system.
• Exit in 2011 delivered 23% IRR
• Exit in Q2 2013 delivered 25% IRR
• Exit in Q3 2013 delivering 25% IRR
• Funds on track to deliver 20% IRR
• Financial Inclusion Fund: Forecasted 17% CAGR for mature companies and 40% for startups and transforming companies
• Oasis Fund: Several companies have received increased valuations with more than half demonstrating positive EBITDA and the number is growing
• GIIRS Pioneer Fund; rated in top quintile
• Proprietary social performance management system
• Active participation and support of field building and best practices
Track Record of Returns
A network of hospitals providing primary and secondary services at
affordable prices in rural India.
Grown from 4 hospitals in 2009
to 17 hospitals in 2013
Serving an average of 400,000 patients a year
More than 1200 employees
Largest provider of organized
healthcare in rural India
Provider of PV and solar-thermal systems that
manufactures and sells systems in rural and semi-
urban areas in India.
Built more than 150 branches across 5 states.
Established financing tie-ups with nearly 20 local banks.
More than 50,000 systems
sold to date
Over 1 million in unit sales since inception in over 31
countries; providing light and energy to over 5 million people
Created a salesforce of more than 2,000 micro-entrepreneur
Generated USD 75,000 monthly income for micro-
92,000 tons total estimated CO2 offset
Solution: Next Generation Funds
OASIS FUND I $53M
OASIS FUND II Target: $100M
FINANCIAL INCLUSION II
Sector is Still in Early Stages of Demonstrating the Model Works; Apply Lessons Learned Work across sectors
invests in a range of microfinance
institutions and funds.
Invests in growth-stage companies that
provide products and services to low-income
2014 Invests in growth-stage companies that
provide products and services to low-income
Invests in deposit-taking institutions in regulated markets
• No need to compromise returns for impact when you narrow your investment universe to essential services
• Need a strategy and process for measuring and tracking impact built into the investment criteria from the start
• Need to define your role in measuring impact as an investor and know limits as well as LP expectations
• Attractive returns are possible and required to move more money into the space
• Clarity between philanthropy, CSR, and investing efforts – they are not all “impact investments”
• Recreating the wheel vs. funding existing efforts
• Better coordination across the capital curve
• Providing social entrepreneurs with cheap philanthropic money and global recognition and prizes without demonstrated profitability will drive up valuations and crowd out private sector