Press Release: TriLinc Global Sustainable Income Fund II Secures Funding of $18 Million in Partnership With BlueOrchard Impact Investment Managers
TriLinc Global Sustainable Income Fund II (“TGSIF II”) announced today a new funding of $18 million in partnership with BlueOrchard Finance Ltd (“BlueOrchard”) to provide financing to middle market companies operating in Emerging Markets around the world. This is the second facility TriLinc has partnered on with the global impact investment manager with the first being a $25 million funding in TGSIF vintage I in January of 2021. The new $18 million financing will provide additional capital which TGSIF II will invest in SME’s (small and medium sized enterprises) in developing economies globally including various sectors like agriculture, manufacturing, infrastructure and more.
“We value the continuing relationship with BlueOrchard and support the positive impact they are making for communities and the environment,” commented Gloria Nelund, CEO and founder of TriLinc Global, LLC. “BlueOrchard’s specialized expertise leverages more than 20 years of global experience in impact investing.”
Normunds Mizis, Chief Credit Officer of BlueOrchard, said, “We look forward to increase impact investing for a sustainable world together with TriLinc and are pleased to be partnering with their dedicated team.”
TriLinc Global is an impact investing fund sponsor with a mission to link market-rate returns, positive impact, and scalable solutions. Through its registered investment advisor subsidiaries, TriLinc Global has invested over $1 billion in private debt globally and seeks to demonstrate the power of the capital markets in helping solve some of the world’s pressing socioeconomic and environmental challenges. TriLinc Global funds provide growth-stage loans and trade finance to established small and medium enterprises (“SMEs”) in select developing economies where access to affordable capital is limited. Borrower companies must demonstrate the ability to pay market rates, pass TriLinc Global’s environmental, social, and governance (ESG) screens, and commit to tracking and reporting on self-identified impact metrics.
TriLinc complements its global macroeconomic portfolio organization and management with investment services from experienced investment partners that have established track records on target asset classes and geographies, and access to a high-quality investment pipeline.