Original disclosure @ EIB website
Updated in EWS Mar 6, 2023
Disclosed by Bank Feb 24, 2023
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According to the EIB, the operation consists of an equity investment into a microfinance investment vehicle providing private equity to microfinance institutions and other inclusive financial institutions serving or intending to serve forcibly displaced or migrant populations for conflict, climate or economic reasons.
The Fund primarily aims to provide equity support to microfinance institutions and inclusive financial institutions alongside a minority of investments in operating companies such as agribusinesses, fintech, etc. that enable the Fund to reach its objective of reaching displaced populations mainly in Africa but also in other parts of the world.
According to Bloomberg, DWM Asset Management, LLC operates as an investment company. The Company invests in equity, bond, and debt, as well as offers tailored financing solutions. DWM Asset Management serves customers in the United States.
No project contacts available at the time of disclosure.
Financial Intermediary - DWM Asset Management LLC:
Address: 100 First Stamford Place, 4th Floor, Stamford, Connecticut 06902, USA
Phone: +1 203-655-5453
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm
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When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. You can write to the Ombudsman in any of the languages of the European Union. Additional details, including filing requirements and complaint forms, are available at: http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces