Kandeo Fund LP: Best ESG Private Equity Team – Latin America 2018
As social and environmental responsibility moves from niche to mainstream, companies seeking investors must show more than half-hearted compliance. Businesses that actively contribute to a more sustainable future are motivating millennials to put their money where their morals are. Kandeo Fund is a private growth-equity firm with an ethical compass that points true north, and has a special gift for generating measurable social and environmental benefits – along with financial gain. Kandeo’s mission is threefold: to encourage growth in Latin America’s MSME sector (micro, small, and medium enterprises); to strengthen communities through the creation of opportunity; and to deliver above-market returns to its shareholders. The firm’s investment strategy is rooted in financial inclusion, and the integration of environmental, social, and governance principles. Founded in 2010, Kandeo Fund manages investments throughout Latin America via its headquarters in Mexico City, operational offices in Bogota and Lima, and an administrative hub in Miami. The Kandeo team combined boasts more than 85 years of financial service experience, and $1bn in transaction expertise. It leverages that experience to guide companies — and in turn communities — towards sustainable growth. Kandeo Fund manages assets worth more than $377m from institutional investors who share Kandeo’s commitment to the UN’s Sustainable Development Goals. Kandeo Fund has caught the attention of the CFI.co judging panel – once again – for outperforming the market while making impactful contributions in gender equality, financial inclusion, and environmental conservation. The judges name Kandeo Fund, for the second year running, as the winner of the 2018 award for Best ESG Private Equity Team (Latin America).