SIFEM is a key pillar of the Swiss
Confederation's efforts to promote sustainable private sector-led growth
in developing and transition economies with a view towards reducing
poverty and contributing to increased living standards in these
countries.
SIFEM invests in a commercial way in companies that are most likely to be commercially viable and hence sustainable. Furthermore, SIFEM's investments are development-oriented, aiming to achieve a broad set of objectives beyond the financial rate of return.
SIFEM aims to develop a comprehensive portfolio of equity participations in private equity funds targeting small and medium enterprises (SMEs). SIFEM may also act as co-investor in the underlying portfolio companies of its private equity funds, and make direct investments in financial instituions with an SME or microfinance lending focus.
The investment policy of SIFEM is based on the following broad guiding principles:
Leverage
Share the financial returns and the political and commercial risks with private investors, maximizing private investment flows to target countries.
Subsidiarity
Target companies with no access to capital markets at reasonable terms.
Additionality
Enhance investment performance through active provision of management expertise to portfolio companies, implementing appropriate management practices, and improving accounting, corporate governance, reporting, quality control, marketing and business strategy.
Sustainability
Adhere to social and environmental sustainability principles.
SIFEM invests in a commercial way in companies that are most likely to be commercially viable and hence sustainable. Furthermore, SIFEM's investments are development-oriented, aiming to achieve a broad set of objectives beyond the financial rate of return.
SIFEM aims to develop a comprehensive portfolio of equity participations in private equity funds targeting small and medium enterprises (SMEs). SIFEM may also act as co-investor in the underlying portfolio companies of its private equity funds, and make direct investments in financial instituions with an SME or microfinance lending focus.
The investment policy of SIFEM is based on the following broad guiding principles:
Leverage
Share the financial returns and the political and commercial risks with private investors, maximizing private investment flows to target countries.
Subsidiarity
Target companies with no access to capital markets at reasonable terms.
Additionality
Enhance investment performance through active provision of management expertise to portfolio companies, implementing appropriate management practices, and improving accounting, corporate governance, reporting, quality control, marketing and business strategy.
Sustainability
Adhere to social and environmental sustainability principles.