Here’s Swedfund! They’re Sweden’s development finance institution focused on financing and developing businesses in developing countries. 

• They recently announced their $15M investment in Navegar Fund III. 

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🇵🇭 About the fund

Navegar Fund III is a private equity fund investing in mid-sized companies in the Philippines.

• Managed by Manila-based private equity fund Navegar, it has a target fund size of $250M.
• It offers businesses long-term capital.

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🫱🏼 Some more detail

Swedfund says the investment will help local businesses in consumer and business services to grow, formalize operations, and create more job opportunities.

• Why the interest in mid-sized companies? In the Philippines, many MSMEs offer high-quality jobs and critical services, but lack the resources to scale.

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🌞 More on Swedfund

Swedfund invests globally, mainly across three sectors: energy and climate, financial inclusion, and food systems. 

• According to their website, Swedfund’s goal is “to help reduce poverty by making sustainable investments in the world’s poorest countries.”