Our Work

Presently, Caspian is the Fund Manager of the Bellwether Microfinance Fund. Bellwether, established in early 2005, functions as a microfinance venture capital investor, providing much-needed domestic equity and also other financial instruments (debt, guarantees, etc). The Fund focuses on high potential start up and early stage microfinance institutions (MFIs). It also provides the necessary resources, both financial and strategic, to financially viable MFIs to help them scale up their operations and/or transform themselves in to regulated entities. The Fund aims to deliver a competitive financial return along with a significant social return to its investors.Caspian has successfully raised US$ 5 million for the first closing of The Bellwether Fund and is currently at an advanced stage of obtaining commitments for the second closing at US$ 5 million. The next step in fund raising for Bellwether, based on the demand from potential investees and the strong investor interest in Bellwether, would be to take the fund size up to US$ 20 million over the next 12-18 months.

For more information on the Bellwether Microfinance Fund, please visit www.bellwetherfund.com