Perspective
20 November 2013
Investors make deposits in FMO fund for emerging markets
Region:
Europe
Dutch institutional investors Zwitserleven, the Spoorweg Pensioenfonds and the Pensioenfonds Openbaar Vervoer have made a first deposit in the SNS FMO SME Finance Fund – a fund set up to assist small and medium-sized companies(SMEs) in developing countries. The fund has received €100 million ($135.4 million) in investments for a first close. It is expected that commitments will increase substantially in 2014.
