Title: Title page with new bamboo logo form website
1Title page with new bamboo logo form website
Social Enterprise Summit Hong Kong November 2010
2The Poverty Challenge
- Nearly 4 billion people live in poverty
-
people at risk of falling into poverty
Source World Bank Data
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3The Oasis Fund approach to this challenge
- Poverty remains - despite government, donor and
non-profits considerable investment - Need new approaches that are bottom-up and market
based - Oasis Fund approach
- We are a private equity fund which invests in
innovative, commercially viable enterprises which
are designed to generate an attractive financial
return and significant social impact. - These enterprises deliver essential goods and
services that directly benefit low income
communities by providing access to affordable
housing, healthcare, education, energy,
livelihood opportunities, water, sanitation and
the like. - We believe that by achieving a financial return
coupled with a social return, capital markets can
and must be tapped at scale and directed to
commercial investments which fuel market-based
approaches to solving the worlds most critical
social and environmental problems.
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4Oasis Fund leverages the experience of BlueOrchard
- BlueOrchard is the industry leader
- Total AUM of over USD 1 B
- Lends to 198 leading MFIs in 49 countries
- Manages a broad range of products
- 830 investments made
- Impacting over 800k households
- Has delivered attractive returns
- Partners with Dexia, Rothschild, BBVA, Citibank,
Standard Chartered, Deutsche Bank, Morgan Stanley
Oasis Fund has implemented the same market-based
approach as BlueOrchard to financing commercial
enterprises that improve the lives of low income
communities
5Investment Strategy
Target investments globally which
Add strategic value drive growth by
- Deliver essential goods and services that
directly benefit low-income communities - Give access to healthcare, energy, housing,
education, livelihood opportunities, water,
sanitation, etc. - Require growth capital between USD 1m and USD 7 M
- Have proven sustainable business models with
promising exit opportunities - Allow us to co invest with local institutional
investors
- Providing governance through Board representation
and management support - Leveraging Microfinance linkages from within our
network - Supporting companies with market development
- Assisting companies to obtain technical
assistance - Providing access to our network of global and
local partners
6Investment Process
- Combination of investment rigor and
understanding of low income markets. -
Deal Sourcing
Deal Approval
Due Diligence
Preliminary Review
Reporting
Exit Follow-on
Portfolio Monitoring
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711 Investments in 7 Sectors in 9 Countries
Immersion Housing in Pakistan
Vortex Financial Inclusion in India Vaatsalya
Healthcare Healthcare in India Aavishkaar
Multisector Fund in India Husk Power Energy in
India
FINAE - Education in Mexico
JOMA Livelihood in Vietnam and Laos
SICSA Financial Inclusion in Central America
CareCross Group Healthcare in South Africa
Coast Coconut Farms - Agriculture in Kenya
Vidagas Energy in Mozambique
8Social Impact in the Next 5 Years
- In aggregate, companies currently in the
portfolio are expected to - Build 40 hospitals provide quality healthcare
to 1,000,000 people in rural India - Provide access to a university education for
12,000 students in Mexico - Develop affordable housing for 2,300 families
who are living in Pakistani slums - Provide medical coverage for 500,000 people
annually in South Africa including 50,000 who
have never had access prior - Deploy more than 13,000 low cost ATMs in rural
communities - Provide employment support for 450 recovering
victims of human trafficking - Increase vaccine coverage to 260 rural clinics
serving 5,000,000 people in Africa - Reduce respiratory disease and carbon emissions
by providing affordable energy for cooking to
nearly 454,000 families and SMEs in Mozambique - Establish over 166,000 electricity connections to
rural parts of India using biogas plants powered
by rice husks - Create quality livelihood opportunities for 3,500
rural East African families
9Vaatsalya (rural healthcare)
Gadag, India Only neonatal intensive care
facility within 70km
10Vortex (rural ATM)
Tamil Nadu, India
11Husk Power (rural electrification)
Biogas plant in Bihar, India
12East Asia
- Opportunities
- Significant underserved low income population
- Very entrepreneurial culture
- Large and fast growing markets
- Increasing interest in impact investing
- Challenges
- Difficult to identify opportunities
- Lack of supporting infrastructure for sourcing
and due diligence - Regulatory, currency risks, investment readiness,
exit options
13- Thank you!
- Eric Berkowitz
- Chief Investment Officer
- Phone Office 41 22 596 4758
- eric_at_bamboofinance.com