Wednesday, 27 August 2014
Last updated 4 hours ago
Jan 30 2007 | 9:10am ET
Former private equity executive Diane Smith has joined the Grameen Foundation, a nonprofit organization supporting worldwide microfinance activities founded by Nobel Peace Prize winner and Grameen Bank founder Muhammad Yunis.
Smith—who helped set up U.K.-based Electra Investment Trust’s new U.S. private equity portfolio and spearheaded its efforts in South America—was named director of Grameen’s capital markets group. She will lead its efforts to source new financing opportunities for poverty-focused microfinance institutions.
“We are excited to have Diane join us and lead our team in its work to unlock vast reserves of capital for the benefit of poverty-focused microfinance institutions and their clients,” Alex Counts, Grameen Foundation co-founder and president, said. “The demand for large amounts of capital in local currency is growing amongst leading microfinance institutions, and making it available to them will catalyze growth, innovation and new thinking about leveraging microfinance as a platform for social change.”
In addition to her time with Electra, Smith most recently served as a consultant to early-stage entrepreneurs seeking growth capital.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…