Our Story
Established in 2016 by experienced impact investment pioneers, Asad Mahmood, and Michael Rauenhorst, SIMA Funds is an innovative, new-generation SEC-registered investment and advisory firm. With a combined experience of over two decades in impactful investing, our principals have successfully directed over $2 billion towards 250+ social enterprises spanning across 50 countries.
At SIMA, our core focus is on promoting impact investments that align with financial, social, and environmental objectives. We collaborate with individual, institutional, philanthropic, and public sector investors to develop market-based opportunities that balance risk and reward. Our primary mission is to generate positive economic, social, and environmental impact by investing in well-designed funds that uplift the lives of our ultimate customers at the Bottom of the Pyramid (BOP). Our key sectors of focus include solar energy, financial inclusion, and affordable housing in some of the world’s poorest countries.
As a field builder and double-bottom-line firm, SIMA operates across three core areas: asset management, advisory services, and the establishment of social businesses.
Asset Management
We are dedicated to driving transformation through our innovative fund management approach. Our fund management portfolio includes:
Off-Grid Solar and Financial Access Fund
Emerging Distributor Finance Fund (EDFF)
Energy Access Relief
Fund (EARF)
Commercial and Industrial Solar Green Bond (Upcoming)
First Pakistan Flood Relief Microfinance Fund (Upcoming)
Advisory Services
Social Businesses
SIMA has demonstrated its commitment to advancing impact investing through the establishment of new social businesses like:
Asaan Ghar Finance
SIMA Impact Foundation
Sow Good Investments
Our Mission
Our Vision
Culture & Values
At SIMA Funds, our culture is one of our most valued assets. Our unique identity is built upon the pillars of transparency and inclusiveness, setting us apart as a pioneering example of a new generation of companies.
Our culture is characterized by five core values that guide our actions and decisions:
Transparency
At SIMA Funds, transparency is the bedrock of our culture. We believe in openness and honesty with our employees, investors, and investees, fostering trust and accountability in our relationships.
Logic
Logic is the driving force behind our decision-making process and operational strategy. We rely on rational thinking, data-driven insights, and critical analysis, ensuring strategic choices that benefit all.
Fairness
We strive to treat all individuals, both within our organization and beyond, with respect and consideration. Fairness is the guiding principle that shapes our relationships with our stakeholders, fostering diversity, inclusion, and equal opportunities for all.
Teamwork
Teamwork is ingrained in our culture, fostering collaboration and synergy as we work together towards a common goal – creating positive social and environmental change.
Innovative Entrepreneurship
Innovation is the catalyst for change, and entrepreneurship is the vehicle that drives us forward. We encourage creativity, celebrate new ideas, and embrace calculated risks to pioneer groundbreaking solutions for a more sustainable and equitable future.
Leadership Team
Asad Mahmood
CEO & Managing Partner
Michael Rauenhorst
Managing Partner
Arivazhagan G D
Partner
Suhail Darwesh
CEO & Managing Partner
Vinay Bandaru
Senior Vice President
Impact Stories
Lighting the Path to Empowerment: The Impactful Collaboration of EARF and Regain37 in Zimbabwe
Energizing Impact: Lanforce Energy and SIMA Funds Transforming Underserved Communities
E-Waste Recycling Empowering Communities: Hinckley’s Sustainable Impact with EARF Support
Uplifting Communities Through Sustainable Energy Solutions - RDG Collective and the EDFF
Energy Revolution: Mobile Power and EARF's Impact in Sub- Saharan Africa Through Solar-Powered MOPO Hubs
Catalyzing Radiant Change: Ignite Power's Solar Solutions Brighten Sub-Saharan Africa
Testimonials
EARF
“EARF funding has been timely, helping us not retrench any employees but stay afloat. Without the funding, we would have definitely closed the business. With the help of EARF, all the women sales agents were able to take care of their families.”
“After three years of very difficult circumstances from COVID and cyclones, EARF funding made it possible for SolarWorks to combat supply chain consequences and show its potential.”
“Without this loan, it would have been very difficult for us to keep the company running as our products are sold on a PAYG model so as to make it affordable to the bottom of the pyramid, which is our target market.”
EDFF
EDFF funding came at a time when Zambia’s economic situation had significantly deteriorated due to the government’s default and the onset of the COVID pandemic, leaving almost zero funding opportunities for off-grid companies. Thanks to their support, RDG was able to navigate the myriad of challenges and today is posting record results and empowering thousands of Zambians.”
“At Deevabits, we wholeheartedly commend DFF for their pivotal role in our growth story. When traditional financiers deemed us risky due to our lack of credit history, DFF stepped in, understanding our potential through our historical sales data and portfolio quality.”