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20 November 2013

Investors make deposits in FMO fund for emerging markets

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.

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