Committed to good governance, efficiency and transparency.
Committed to good governance, efficiency and transparency.
The purpose and basic mandate are described in the Ordinance on International Development Cooperation and Humanitarian Aid as well as in the Ordinance on Cooperation with the States of Eastern Europe.
The Swiss National Council (the parliament) has approved a Federal Act (SIFEM law) that will codify the existing regulation of SIFEM into law, expected to take effect on January 1, 2025.
Learn more about SIFEM’s Articles of incorporation.
SIFEM AG is a private limited company, the shares of which are 100% owned by the Swiss Confederation. It is legally domiciled in Bern, Switzerland, under UID CHE-112.401.487. The shareholder rights are exercised by the Federal Council, the highest executive authority in the country. The State Secretariat for Economic Affairs (SECO), together with the Federal Finance Administration (FFA), assume supervisory and controlling functions ensuring that investments are fully in line with their remit and that federal funds are used purposefully.
SIFEM’s Board of Directors is elected by the Swiss Federal Council. The seven-member board is responsible for implementing the strategic objectives and reporting to the parliamentary oversight bodies. It sets the investment strategy and takes investment decisions that adhere to certain guidelines and objectives. Furthermore, the Board is responsible for the selection and supervision of the operational partners executing SIFEM’s operational tasks.
Investment Committee (IC)
The Investment Committee assesses, verifies, and decides on all investment and disinvestment decisions in SIFEM’s investment portfolio, each within the scope of Switzerland’s international cooperation strategy. It works closely with the portfolio manager who is responsible for the pre-selection and preparation of investment proposals and its execution and supervision.
Investment Committee Members
* Expert Member whose investment decision is limited to projects with an important aspect concerning energy, infrastructure or climate.
Audit Committee (AC)
The Audit Committee assumes a controlling function related to the financial statements and the budget, the valuation of the investment portfolio, and internal controls and risk management.
Audit Committee Members
Performance and Impact Committee (PIC)
Performance and Impact Committee Members
We operate with trusted partners. To uphold robust governance, optimize operational efficiency, and capitalize on established expertise and track records, SIFEM divides its operations into two core functions: portfolio management and business services management, overseen by designated partner companies. These expert teams collaborate closely with the Board of Directors to fulfill SIFEM’s objectives and responsibilities and are empowered to represent SIFEM publicly.
responsAbility Investments AG is a leading impact asset manager specializing in private market investments across three investment themes. These themes directly contribute to the United Nations Sustainable Development Goals (SDGs): Financial Inclusion, to finance the growth of Micro & SMEs; Climate Finance, to contribute to a net zero pathway; and Sustainable Food, to sustainably feed an ever-growing population. All responsAbility investment solutions target specific measurable impact alongside market returns.
Since its inception in 2003, responsAbility has deployed over USD 15.7 billion in impact investments. With over 270 employees collaborating across 8 offices, as of 30 September 2024 the company manages USD 5.1 billion in assets across approximately 300 portfolio companies in around 70 countries. Since 2022, responsAbility has been part of M&G plc, the international savings, and investments business, and contributes to enhancing M&G’s capabilities in impact investing.
Tameo Impact Fund Solutions is a Swiss impact investing specialist serving the financial industry with independent expert solutions. Tameo guides investment funds, managers, and investors through the entire impact investing journey. It offers the most comprehensive online database of impact funds, customized analyses, and independent valuations. Through its research and advisory services, Tameo empowers clients to move towards best-in-class impact measurement & management.
Meet the dedicated team behind SIFEM’s impact-driven mission.
