EcoEnterprises Partners III, LP
- Active: Active
- Region: Latin America
- Country: Regional
- Sector: Investment funds
- Year: 2018
- Domicile: Ireland
- Instrument: Fund
- Commitment (MNOK) as of 30.06.2019: 51.2
- Original Commitment (MNOK): 51.2
The Eco Enterprises Fund III provides capital to local community based businesses in Latin America that focus on sustainable use of natural resources.
Over the last two decades, EcoEnterprises has found that SMEs working in conservation and biodiversity businesses often have limited access to growth capital and also lack adequate business management skills. These factors dampen the growth prospect of such operations and limit local opportunities in Latin America. For these reasons, EcoEnteprises takes a more holistic approach, meaning it weighs financial gain in parallel to environmental and community development impact.
Fund III will provide growth capital to established SMEs (no startups) with scaling opportunities that are backed by financially strong sponsors and are raising the awareness of ethical sourcing of natural products and creating positive social impact. Fund III is intended to construct a diversified portfolio by targeting sustainable growth stage ventures in environmental sectors.