TriLinc Global LLC, a sponsor of non-traded impact investing offerings, has launched the TriLinc Global Impact Fund II, a Regulation D fund with a fundraising goal of $300 million.
“We are very pleased to continue to offer investors with what we believe to be lower risk access to private investment opportunities available in select-high growth economies including Latin America, Southeast Asia, Sub-Saharan Africa, and Emerging Europe,” commented Gloria Nelund, CEO of TriLinc Global.
The TriLinc Global Impact Fund II is a developing economy private debt fund that plans to make loans to private growth stage companies that are “committed to responsible, sustainable management and to the creation of positive, measurable impact in their communities.” The fund has a minimum investment of $150,000.
“We believe this shortage of capital helps create meaningful opportunity to generate competitive risk-adjusted returns and positive impact,” added Nelund.
TriLinc, through its registered investment advisor subsidiaries, said that it has invested more than $1 billion in private debt globally and seeks to demonstrate the power of the capital markets in helping solve some of the world’s pressing socioeconomic and environmental challenges. TriLinc funds provide growth-stage loans and trade finance to established small and medium enterprises in select developing economies where access to affordable capital is limited. Borrower companies must demonstrate the ability to pay market rates, pass TriLinc’s environmental, social, and governance screens, and commit to tracking and reporting on self-identified impact metrics.