22 July 2015
Press Release - Finance in Motion opens new office in Colombia
Finance in Motion, a global leader in asset management and technical assistance for development finance, has expanded its local presence to Latin America. The new office in Bogota will serve as a regional hub for relationships in Latin America and the Caribbean with partner institutions and other regional stakeholders of the recently launched eco.business Fund.
With the eco.business Fund, incorporated in December 2014, Finance in Motion is adding a new dimension - the promotion of organic agriculture as well as sustainable fishery and forestry practices - to its "green economy" agenda. Sandra Abella, an expert professional with extensive experience in development finance, will be heading the new office. Finance in Motion plans to build a strong team with different expert profiles - combining financial, banking, agricultural and legal expertise - and is actively recruiting for various positions.
“This new office is an important milestone for Finance in Motion,” says Sylvia Wisniwski, Managing Director at Finance in Motion. “It is our firm belief that only through close contact and cooperation with the local stakeholders will the development finance funds that we advise be successful and leverage its full potential. Therefore it was a given for us to set up a local hub in the target region when we launched the eco.business Fund.”
About Finance in Motion
Finance in Motion is an alternative asset manager exclusively focused on development finance and manages investment vehicles to promote sustainable economic, social and environmental development. Finance in Motion has over EUR 1.3 billion of investor commitments under management (as at 31 December 2014) leveraging development aid through public private partnerships. In line with the development mission of each fund, Finance in Motion develops partnerships with eligible financial institutions and projects covering debt, mezzanine and equity, as well as non-financial advisory services (technical assistance). Finance in Motion has offices in Frankfurt/Main, Germany, and in a further 13 cities covering its operations in Southeast Europe, Caucasus, Middle East and North Africa (MENA) and Latin America. Finance in Motion currently provides asset management and technical assistance management services to the following development finance vehicles: the European Fund for Southeast Europe (EFSE) – finance for micro-, small and medium enterprises (MSME finance); the Green for Growth Fund, Southeast Europe (GGF) – energy efficiency and renewable energy; the SANAD Fund in the Middle East and North Africa region – finance for micro-, small and medium enterprises (MSME finance) and employment creation; and the eco.business Fund – preservation of biodiversity and sustainable use of natural resources.
Media contact Finance in Motion
Manager, Communications and Events
Tel: +49 (0)69 / 977 876 50-171
Fax: +49 (0)69 / 977 876 50-10