1995

The State Secretariat for Economic Affairs (SECO) makes its first emerging markets investment in Profund, a microfinance private equity fund in Latin America

1995 - 2005

SECO develops a portfolio consisting of private equity fund participations and direct financial institution investments in more than 30 developing and transition economies

June 2005

The Swiss Investment Fund for Emerging Markets (SIFEM) is established as a privately-held management company mandated to oversee SECO's investment portfolio and advise on new investment opportunities

December 2005

SIFEM wins two additional mandates to represent the Swiss Agency for Development and Cooperation (SDC) and the Austrian Development Agency (ADA) on the Board of Directors of the European Fund for Southeast Europe (EFSE)

September 2007

SIFEM co-advises with responsAbility on Base of the Pyramid Investments S.C.A. SICAR