New York, 20 September 2023 — SIMA Funds, the pioneering SEC-registered investment and advisory firm known for its commitment to impact investing, is pleased to announce the addition of Dennis White to its Advisory Board. Mr. White, the former President and CEO of the MetLife Foundation offers a wealth of experience and knowledge to the SIMA team in the fields of impact investing, philanthropy, and corporate leadership.

Dennis White served as the President and CEO of MetLife Foundation, a leading corporate foundation supporting impact investing. His extraordinary 31-year career at MetLife included positions in the Investments Department, where he supervised the company’s impact investment activities. In addition, his ten-year tenure as a board member of the Local Initiatives Support Corporation (LISC) and his current position as Commissioner of the Summit, New Jersey Public Housing Authority demonstrate his dedication to social improvement.

“We are pleased to welcome Dennis White to the Board of SIMA Funds,” said Asad Mahmood, the CEO of SIMA Funds. “Dennis’ extensive experience in impact investing and his deep commitment to social and environmental impact precisely align with SIMA’s mission. We look forward to his insights and contributions as we continue to promote positive change in emerging markets around the world.”

About SIMA Funds

As an SEC-registered investment and advisory firm, Social Investment Managers and Advisors (SIMA) was founded in 2015 by impact investment managers Asad Mahmood and Michael Rauenhorst. With over two decades of combined experience in impact investing initiatives, SIMA Funds has invested over $2 billion in over 250 social enterprises across 50 countries. SIMA has three operational divisions: Asset Management, Advisory and Philanthropic Services, and Social Business Establishment. The company’s mission is to promote impact investments in for-profit businesses with aligned financial, social, and environmental goals. SIMA collaborates with a vast multitude of investors to create market-based opportunities with mitigated risk, with a primary focus on solar energy, financial inclusion, and affordable housing in underdeveloped regions.

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Vivek S Nair