Swiss Investment Fund
for Emerging Markets

Search
Close this search box.

Darby LATAM Private Debt Fund III

Darby Private Debt Fund III (DLAPDF III) is a fund with a target size of USD 250m. The main objectives of this fund are to foster economic growth by supporting sustainable job creation and filling the gap for long-term debt finance in Latin America.

Darby LATAM Private Debt Fund III

Darby Private Debt Fund III (DLAPDF III) is a fund with a target size of USD 250m. The main objectives of this fund are to foster economic growth by supporting sustainable job creation and filling the gap for long-term debt finance in Latin America.

About the fund

Slower economic growth and widening inequalities in Latin America have resulted in insufficient job opportunities to keep up with a growing labor force, and according to the International Labor Organization (ILO), in 2015 unemployment in the region increased for the first time in five years, causing at least 1.7 million people to become unemployed. By investing in fast-growing companies that increase their labor force DLAPDF III will help address this job challenge, which is a key priority for SIFEM. Private companies continue to face considerable access to finance barriers, especially for long-term debt finance, which impede their ability to grow. DLAPDF III aims to address this problem by providing companies with long-term senior loans.

DLAPDF III is managed by Darby Overseas Investments, a global emerging markets investment firm headquartered in Washington DC. Darby’s team will be involved in establishing best practice corporate governance standards in the companies to which the fund lends, helping businesses mitigate operational risks and attract further investment to fuel their growth.

Investments by the fund

             
Date Name Country Industry Status
2018 Company 1 Peru Commercial and industrial construction Active
2019 Company 2 Colombia Pharmaceuticals and biotech Active
2021 Company 3 Peru Medical equipment Active
Reference code
2016-05
Status
Active
Date of commmitment
December 2016
Date of exit
-
Fund size
USD
250,000,000
SIFEM commitment
USD
10,000,000
Asset class
Private Debt
Investment strategy
Investment through Fund
Fund manager
Darby Overseas Investments