FIRST
FIRST
Impact investing fund focusing on high-growth companies.
Investment Fund Manager | Brazil | Access to Financial Services
Overview
The project entails an IFC equity investment of up to $15 million in Fundo de Investimentos Riqueza Social para Todos (FIRST) Fund, (“FIRST” or the “Fund”), a 10-year closed-end impact investing fund that seeks to raise $125 million. The Fund will target companies with the potential to provide products and services to 1 million low-income people in Brazil. FIRST will aim to invest mainly in the North and Northeast regions of Brazil and in education, health, housing and financial services sectors. The Fund will be managed by FIRST Gestao de Investimentos, a subsidiary of FIR Capital, a Brazilian venture capital fund manager established in 2001.
Investor Type |
Legal Structure |
Operating Status |
Members |
| Investment Fund Manager | Operating | 8 |
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Impact
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Impact Reports & Metrics
Offices
Headquarters :
São Paulo
Brazil