Paper

Private Asset Impact Fund Report 2020

Analysis of over 150 investment funds targeting emerging and frontier markets with a development impact focus

This first edition of the private asset impact fund (PAIF) survey paints the most comprehensive analysis on the impact fund ecosystem, with a focus on private asset strategies targeting emerging and frontier markets. The report captures over two-thirds of this market estimated at $33 billion, and sheds light on the business model of private asset impact funds, including their balance sheet structure, investment instruments, investee type, geography of investments, investor composition, risk, return and impact performance. The study also offers multi-year analysis on microfinance funds, dating back to 2006.

About this Publication

By Ramkumar Narayanan, Brendan Mackinnon, Basile Quartier
Published