Medical Credit Fund is selected as for the ImpactAssets 50 2021 and promoted to Emeritus Impact Manager, recognizing seven years of inclusion on the list.
Impact Assets 50 (IA 50) is a publicly available database of outstanding private debt and equity impact investment fund managers from across the globe. The list features a diversified listing of private capital fund managers delivering social and environmental impact as well as financial returns.
The IA 50 added a new Emeritus category this year highlighting 27 managers with a combined AUM of $8.8B. These fund managers have been on the IA 50 for at least five years. The Emeritus list enables the IA 50 to continue to recognize the important contributions of these established managers.
This recognition comes as the Medical Credit Fund reached the disbursement milestone of $100 million in capital in January. As the only fund fully dedicated to the African health sector, MCF is committed to the continuation and improvement of care especially during this critical time.
Medical Credit Fund can be found here in the IA 50 2021.
About Medical Credit Fund
Established in 2009 as part of the PharmAccess Group, the Medical Credit Fund (MCF) is the only not-for profit fund exclusively dedicated to financing small and medium-sized healthcare companies (health SMEs) in Africa. MCF is a blended fund that works with a wide network of African partners to provide SMEs with loans and technical assistance so they can expand their businesses and invest in quality improvement. MCF uses innovative financing solutions and digital technologies to cater to the financing needs of health SMEs and help achieve the Sustainable Development Goals for health.
About the ImpactAssets 50
The IA 50 is the first publicly available database that provides a gateway into the world of impact investing for investors and their financial advisors, offering an easy way to identify experienced impact investment firms and explore the landscape of potential investment options. The IA 50 is intended to illustrate the breadth of impact investment fund managers operating today, though it is not a comprehensive list. Firms have been selected to demonstrate a wide range of impact investing activities across geographies, sectors and asset classes.
The IA 50 is not an index or investable platform and does not constitute an offering or recommend specific products. It is not a replacement for due diligence. In order to be considered for the IA 50 2021, fund managers needed to have at least $25 million in assets under management, more than three years of experience as a firm with impact investing, documented social and/or environmental impact and be available for US investment. Additional details on the selection process are available here.
The IA 50 Emerging Impact Manager list is intended to spotlight newer fund managers that may demonstrate future potential to create meaningful impact. Criteria such as minimum track record or minimum assets under management may not be applicable.
The IA 50 Emeritus Impact Manager list illuminates impact fund managers who have achieved consistent recognition on the IA 50.
ImpactAssets is the leading impact investing partner for individuals, families and philanthropists tackling the world’s greatest challenges by investing in the world’s brightest ideas. We make it easy for our clients to “discover, connect and invest” in game-changing entrepreneurs and funds. Founded in 2010, ImpactAssets increases flows of money to impact investing with our 100% impact investment platform and field-building initiatives, including the IA 50 database of private debt and equity impact fund managers.
The ImpactAssets Donor Advised Fund is an innovative vehicle that empowers donors to increase the impact of their giving by combining it with strategic, sustainable and responsible investing to build a sophisticated philanthropic endowment. The Fund currently has more than $1.4 billion in assets in 1,400 donor advised funds, working with 350 wealth advisors across 60 financial services firms.
Learn more at www.impactassets.org