Funds

In 2005, Gray Ghost provided support for the creation of the Bellwether Fund and its manager, Caspian Impact Advisors. Bellwether was the first equity fund active in Indian microfinance and was [...]

STLF was formed by Gray Ghost in 2004 to provide short-term liquidity support to institutions facing liquidity pressure due to delays in funding, unanticipated growth or seasonal requirements.

GGMF was launched in 2003 as a fund of funds and, at the time, was the largest private investor in microfinance. Gray Ghost invested $100 million in 23 microfinance investment vehicles between [...]

Launched in 2008, GMEF was designed as a follow-on fund to Gray Ghost: a globally diversified fund of funds promoting local management teams dedicated to specific regions. After committing [...]

The Antares – Equity Participation Fund was created by Gray Ghost in 2006 to promote a secondary market for microfinance equity positions in Latin American MFIs and build a track record of exits [...]

Próspero Microfinanzas was launched in 2010 to create a regionally based equity management capability focused on emerging microfinance institutions in Latin America. The General Partner and [...]

India Financial Inclusion Fund is a US$89 million, 10 year fund launched in 2008 by Caspian Investment Advisors to build on the accomplishments of Bellwether and provide equity to companies in [...]

Launched in 2013, CII is an Indian multi-sector Social impact debt provider. The mission of CII is to provide debt capital to a wide range of institutions that serve the low income or financially [...]