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Microfinance Monitor, March 6, 2010: Aavishkaar Goodwell is exploring to raise $100 million in commitments for its second fund, said a report by VCCircle.Com. Aavishkaar Goodwell is a joint venture between India’s Aavishkaar and Dutch firm Goodwell, is much bigger in size compared to its first fund. The firm launched its first fund in 2006 and [...] Microfinance Monitor, Feb 26, 2010: Indian Finance Minister Pranab Mukherjee, while presenting the Union Budget 2010-11, in parliament on Friday, announced that the corpus for the Micro-Finance Development and Equity Fund is being doubled to Rs. 400 crore ($800 million) in 2010-11. In addition , the Micro, Small and Medium Enterprises Sector got an impetus in [...] Microfinance Monitor, Feb 4, 2010: MicroVest Capital Management, LLC has announced the closing of MicroVest II, LP, a private equity fund targeting top-tier microfinance institutions, at $60 million in commitments in December 2009. J.P. Morgan Securities Inc. acted as a placement agent, and one of its affiliates was a lead investor. |
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