A first non-Luxembourg domiciled MIV receives the LuxFLAG Microfinance Label

27 Apr 2012 | Press Releases  

Access Africa Fund LLC, a Delaware company formed by CARE USA, have been granted the LuxFLAG Microfinance Label.

This first non-Luxembourg domiciled Microfinance Investment Vehicle is managed by MicroVest Capital Management and invests in microfinance projects in sub-Saharan Africa. This confirms the continuing interest in the LuxFLAG Microfinance Label on the international level  and reinforces its importance in terms of providing greater transparency to investors.24 MIVs have been granted the LuxFLAG Microfinance Label as of April 2012, representing approximately USD 3.48 billion in Assets Under Management.

The press release can be found here