Since its inception, GAWA has advised 30 impact investments in 15 countries around the world, helping to boost financial inclusion in excluded communities via 3 investment funds.
GAWA has advised 30 investments in 15 countries around the globe, reaching over 6.9 million people in total and directly impacting 213,000 families.
GAWA has built up a strong track-record via its advisory of three Impact Investment Funds, totalling EUR 75 million in investments advised. GAWA has launched two of these Funds (Gawa Microfinance Fund and Global Financial Inclusion Fund), whilst acting as investment advisor to Magallanes Impacto FIL. GAWA is currently launching its third investment fund - Huruma.
GAWA MICROFINANCE FUND (GMF)
Fund Size: EUR 20.4 million
Launch Date: September 2010
GAWA’s first fund was successfully liquidated at the end of December 2018, having returned a 6.34% annual IRR to investors over its lifetime. GAWA Microfinance Fund focused on investments in Microfinance institutions worldwide. GMF carried out 9 investments in 8 different countries, with presence in Latin America, Asia, Eurasia and Africa (7 debt investments and 2 equity investments).
GLOBAL FINANCIAL INCLUSION FUND (GFIF)
Fund Size: EUR 32.3 million
Launch Date: September 2014
GFIF, GAWA's second fund, executed its last investment at the end of 2017, and since then the Fund has carried out four capital returns to investors. GFIF has focused on investments in Microfinance institutions and Micro & Small Enterprise lenders. The portfolio was made up of a total of 10 investments (7 debt; 3 equity) in 8 countries in Latin America and Asia. To date, three of GFIF’s investments have come to maturity with positive returns.
MAGALLANES IMPACTO FIL
Fund Size: Open-ended fund
Launch Date: September 2018
GAWA is advising the Fund Magallanes Impacto FIL, the first open-ended impact investing fund in Spain. Magallanes Fund focuses on financial inclusion in Latin America and Asia. The Fund is managed by Magallanes Value Investors SGIIC, S.A., a leading fund management company in Spain. The Fund is supervised by the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores - CNMV). Learn more...
Fund Size: EUR 120 million (est.)
Launch Date: From 4Q 2019
GAWA is launching “Huruma” Fund, which will have a rural & agricultural focus in Latin America & Africa. The Fund will enjoy a blended finance structure, with EUR 10 million first-loss tranche (EU funds, managed by COFIDES - Spanish Development Finance Institution) and EUR 20 million in concessional debt (AECID, Spanish Agency for International Development Cooperation), significantly reducing the risk for investors and enhancing the Fund’s target IRR. EUR 8 million in Technical Assistance (EU funds, managed by COFIDES) will also be available to investees, helping to truly impulse the social value of Huruma’s investments. Read more about Huruma here.
Join us on one of our Due Diligences
Prior to advising on an investment, GAWA visits target companies and meets with their management, employees and clients to evaluate the institution's social compromise and financial solidity. GAWA connects with clients to understand the hardships they face and what could be improved to maximise the social impact of each entity that is invested in.
Take a look at our gallery below to see the real people impacted via our advised investments.