The SGB Sector in 2018

Investing

In 2018, at least 56 new SGB-inclusive investment vehicles* launched, with a median target AUM of US $50 million.

  • Number of Investment Vehicles Launched
  • Median Target

The information and communication technology (ICT) sector remains a major focus area among SGB investors; in 2018, 36 percent of newly launched vehicles focused on ICT or a tech vertical, reflecting a consistent trend over the past decade. This interest in ICT aligns both private investors and institutional donors for the sector, with the most popular technology-centric vertical among donors being FinTech.[1]

*See Methodology section for definition of SGB-inclusive investment vehicle

Emerging market fundraising and investments in SGBs significantly increased in 2018, reversing recent trends.

  • Number of Investment Vehicles Launched
  • Median Target

In Latin America, the total number of deals US 1$ million and under grew considerably, the greatest proportion (41 percent) of these being deals less than US $250,000.

  • US $501k- US $1M
  • Deals US $250- US $500,000
  • Deals < US $250,000

Gender Focus

Supporting women as entrepreneurs is consistently listed as the highest priority gender gap ANDE members aim to address.

Gender Focus

How ANDE member organizations aim to promote gender inclusion

Gender Focus