SIMA aims to be a new generation of fund manager that prides itself on its culture of transparency and integrating social and financial returns.
SIMA’s Managing Partners are some of the longest serving asset managers in impact investing who are known for their innovative thinking and deep commitment to both financial and social returns.
For over 20 years, SIMA’s Managing Partners have engaged in cutting edge initiatives in impact investing.
SIMA’s first fund is anticipated to be one of the largest funds in the off-grid solar sector at US $96 million. Our four year fund provides senior debt to innovative companies that finance, manufacture, and/or distribute individual solar home systems in sub-Saharan Africa and South Asia.
The SIMA Fund invests across the off-grid solar value chain to manufacturers, distributors, and financiers of off-grid solar home and small business systems. We deploy capital through a variety of senior debt instruments (working capital, inventory finance, receivables finance, distributor finance) and in local currency, when possible.
We offer short term (4 years or less) fixed income opportunities across 5 different risk/return profiles. The Fund’s 30+ investors include pension funds, development banks, foundations, private individuals, and insurance companies.
The goal of this fund is to bring a systematic change to the MFI industry of Pakistan by connecting the local capital markets with intermediate-sized microfinance institutions to meet their needs of local currency, scaled, and long-term financing. This in turn will promote growth of the sector and the country by directly impacting financial inclusion, women’s empowerment, and employment rates.
Business, when done responsibly, is one of the central drivers for the development of human civilization. Advances in technology and other innovations are creating more opportunities and business models directed to the vast market at the Bottom of Pyramid. Over the past decade, we have seen social businesses focus on all aspects of human development.
SIMA is focused on Energy Access, Financial Inclusion, Affordable Housing, and Education.
The Spark+ Africa Fund is an impact investment fund being formed by SIMA and the Clean Cooking Alliance, the leading umbrella organization working to build an inclusive clean cooking industry at scale. The fund will further access to clean and efficient cooking energy solutions for rural, peri-urban and urban communities at base-of-the-pyramid markets in sub-Saharan Africa.