Fund Profile Back to Search ยป

InReturn East Africa Fund I
GIIRS Pioneer
Fund Manager Name: Jacana Partners
Fund Manager Website: www.jacanapartners.com
Rated: 03.28.2013

Fund Description

InReturn East Africa invests in SMEs in Kenya, Uganda and Tanzania. The focus is equity investments in growth companies. InReturn takes a hands on approach, providing management support.The target is market-related returns as well as social impact.

Fund Mission

Create economic growth and employment in emerging markets by financing growing small and medium enterprises and generating financial and social returns for investors and stakeholders.

Vintage Year

2009

Geographic and Industry Investment Targets

Target Industry

Construction | Electricity, gas & air conditioning | Financial & insurance activities | Human health & social work | Manufactured Goods | Mining & quarrying | Professional & technical services | Transportation & storage

Target Industries Description

Construction, manufacturing, logistics, healthcare, services, agroprocessing, ICT, energy

Investment Region(s)

Sub-Saharan Africa

Countries of Investment

Kenya | Tanzania | Uganda

Geographic Target Description

East Africa, specifically Kenya, Tanzania and Uganda with local presence in each country. Target allocation is Uganda 25%, Tanzania 25%, Kenya 50%.

Impact Investment Targets

Impact Targets

Socially beneficial prod/serv | Environmentally beneficial prod/serv | Targeting the underserved | Workforce development | Socially beneficial supply chains | Environmentally beneficial practices

Impact Targets Description

Jobs created, wage growth, % of employees with health insurance, good governance and compliance with legal, tax and environmental requirements. Meeting these targets is linked to financial terms on the entrepreneur and fund manager levels.

Socially Beneficial Products & Services

Health | Infrastructure/market access | Economic &/or empowerment opportunities | Capital Flow (microfinance, equity, etc)

Environmentally Beneficial Products & Services

Renewable energy/Cleantech