Author: trilinc_admin17

Why Trade Finance? Webinar Replay

Posted on by trilinc_admin17

On March 28, 2019, Gloria Nelund, Founder and CEO of TriLinc Global, and Paul Sanford, Chief Investment Officer, hosted an educational webinar – Why Trade Finance?

The webinar covered topics including:

  • Why Trade Finance is the Lifeblood of the World Economy
  • The Importance of SMEs in Trade Finance
  • Why access to affordable capital is constrained in developing economies
  • The favorable characteristics of Trade Finance
  • Opportunities and Impact of Trade Finance


Click here to download a copy of the webinar deck.

TriLinc Global Ranks in Top 10 of Inaugural ‘100 Top Impact Companies’ of 2019

Posted on by trilinc_admin17

Published: Apr 25, 2019 1:28 p.m. ET

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–TriLinc Global, LLC (“TriLinc”) has been selected as one of the “Real Leaders Top 100 Impact Companies” of 2019.

This list, in its inaugural year, was developed in collaboration by Real Leaders, Big Path Capital, B Lab, Bain Capital, KPMG, and Mintz Levin to show that business can thrive as a force for good and rank the positive impact of companies that are leveraging the engine of capitalism for the greater good. TriLinc ranked 9th out of the 100 companies listed. Applicants were evaluated based on social and environmental impact and ranked using The B Lab assessment metrics as well as growth rate and scale. Applicants were required to provide verification of growth and practices.

 

“We are very honored to be included on this list and to be recognized for our mission to harness the power of the capital markets in helping to solve global challenges facing our society,” said Gloria Nelund, CEO of TriLinc. “TriLinc is excited to be working alongside impact industry peers to move impact investing further into the mainstream,” stated Gloria.

 

TriLinc, through its registered investment advisers, pursues an impact investing strategy that provides growth-stage loans and trade finance to established small and medium enterprises (“SMEs”) in developing economies where access to affordable capital is significantly limited. Impact investing is defined as investing with the specific objective of achieving a competitive financial return as well as creating positive, measurable impact in communities across the globe.

DISCLAIMER

The REAL LEADERS 100 List was created using the ranking formula of Revenue x Growth Rate x B Impact Assessment = Force for Good. The B Impact Assessment metric was chosen as an industry third-party assessment tool as B Lab oversees the B corp certification process. Growth rate represents economic growth. TriLinc submitted an application for consideration for ranking which did not include any fees or payments. TriLinc’s receipt of this recognition is in no way indicative of any individual client or investor’s experience with TriLinc, TLA, or TLGA, or of past or future investment performance.

This information is for general purposes only and does not represent a recommendation or offer of any particular security, strategy, or investment. There is no guarantee that TriLinc’s investment strategy will be successful or will avoid losses. Investment in a pooled investment vehicle involves significant risk including but not limited to: units are restricted; no secondary markets; limitation on liquidity; transfer and redemption of units’ distribution made may not come from income and if so will reduce the returns; are not guaranteed and are subject to board discretion. TriLinc is dependent upon its advisors and investment partners to select investments and conduct operations. TriLinc is not suitable for all investors. TriLinc Global LLC (“TLG”) is a holding company and an impact fund sponsor founded in 2008. TriLinc Advisors, LLC (“TLA”) is a majority-owned subsidiary of TLG and TriLinc Global Advisors LLC. (“TLGA”) is a wholly-owned subsidiary of TLG. TLA and TLGA are SEC registered investment advisors. Securities offered through Frontier Securities LLC, Member FINRA/SIPC. Registration and memberships do not indicate a certain level of skill, training or endorsement by the SEC, FINRA or SIPC.

 

CONTACTS

TriLinc Global, LLC
Robert Kronman, Director of Marketing
(o) 424 200 6202
(c) 310 497 2117
rkronman@trilincglobal.com

EMPEA Impact Investing Council

Posted on by trilinc_admin17

Industry Alliance

TriLinc’s Chairman and CEO, Gloria Nelund, is a founding member of the Emerging Market Private Equity Association (“EMPEA”) Impact Investing Council.

TriLinc shares the belief of EMPEA and their members that private capital can deliver attractive long-term investment returns and promote the sustainable growth of companies and economies. Led by Patricia Dinneen, EMPEA Senior Advisor and veteran of Emerging Markets investing, the EMPEA Impact Investing Council was founded in 2013 to help educate and scale the impact investing industry.  Since its founding, the Council has provided research and resources for professional investors considering how to build and/or expand institutional quality impact investing portfolios.

 

Goals and Achievements of the EMPEA Impact Investing Council include:

  • Offering GPs a place to network and share new ideas, best practices and lessons learned
  • Providing market research on the impact investing industry
  • Offering LPs information about new products and general education about impact investing
  • Maintaining a database of institutional quality impact investing private capital funds
  • Building a rigorous evidence base, both quantitative and qualitative, with empirical data and case studies demonstrating the achievement of attractive financial returns as well as positive social and environmental benefits
  • Publishing educational communications about impact investing in the form of white papers, book chapters, surveys, etc.
  • Providing all industry players various opportunities for sharing and networking through meetings, conferences, receptions and interactive webinars

TriLinc believes that the EMPEA Impact Investing Council plays a vital role in the on-going development of the impact investing industry.  As the leading global industry association for private capital in emerging markets, EMPEA brings together more than 300 firms who manage more than US $5 trillion in assets across nearly 60 countries1, and the Impact Investing Council has proven to be an effective facilitator for furthering the impact investing industry.

To learn more about EMPEA and the Impact Investing Council, click here.

1Source: www.empea.org as of 1/31/18.

Weekly Impact Investment Market Update: February 22, 2019

Posted on by trilinc_admin17

Impact Investing & ESG

Impact Investing Gains Traction in Canada
The 2018 Canadian Impact Investment Trends Report says total assets under management (AUM) in impact investments — companies, organizations, or funds that aim to create a positive social or environmental impact in addition to a financial return — rose to $14.75 billion as of Dec. 31, 2017, from $8.15 billion at Dec. 31, 2015.

How Socially Conscious Young Investors are Putting Their Money Where Their Ideals Are
An influx of young investors are leading a charge of socially responsible and sustainable investing, experts say, funneling their money into investments and projects that serve the greater good.

Most Managers See Sustainable Investing as Essential to Thrive – Survey
Most U.S. money managers view sustainable investing as a strategic business imperative and have adopted such investment practices, said results of a new survey from the Morgan Stanley (MS) Institute for Sustainable Investing and Bloomberg.

‘Increasing Maturity’: PwC Highlights Growth of ESG and Sustainable Investing
Global survey of 145 private equity houses finds environmental, climate and sustainability issues increasingly key for investors

Behind the Numbers: Retail Investors a Growing Force of Sustainable Funds
Ethical funds have been growing in popularity, with managers starting to address the demand. Once a niche area, sustainable investing has become one of the hottest topics in the investment world.

High Net Worths Believe in ESG but yet to Proactively Invest
Around 76% of UK high net worth individuals (HNWIs) believe the idea of environmental, social and governance investing is important, according to research.

Pushing the Boundaries to Make Impact Investing Available to Everyone
One of the challenges of impact investing is the perception that there is a lack of opportunities. This is happening across investors, financial advisors and even pension fund managers.

ESG Investing Does Not Cost More, Research Shows
Pension funds performing well on environmental, social and corporate governance (ESG) factors don’t incur higher asset management costs, according to research.

 

Developing Economies

What to Expect from Sub-Saharan Africa Economy in 2019
The IMF economic outlook presents a picture of what to expect from each economy or region annually. For Sub-Saharan Africa (SSA) in 2019, a GDP growth rate of 3.4% is projected at the aggregate level; a slight improvement over the 2.9% actual growth rate of 2018.

Ghana Meets Most IMF Targets as Reforms Advance, Says Lender
Ghana met most of the targets under its program with the International Monetary Fund and is continuing to advance reforms that will promote economic stability, according to the lender.

Zambia, Botswana, Sign AfCFTA
Zambia and Botswana have signed the agreement of the African Continental Free Trade Area (AfCFTA) mean to create one African market. The two countries signed the agreement at the just-ended African Union Summit.

Politics Loom Over Thai Economy as Election Stirs Tension
Political tension has emerged as a threat to the domestic economic drivers Thailand is relying on amid a global slowdown. A push to disband a political party over a failed bid to make a princess its prime ministerial candidate lays bare deep splits ahead of a March general election, the first since a coup in 2014.

Vietnam’s Booming Economy Offers Investment Opportunities
Vietnam’s economy is growing and Asian fund managers are bullish on the country’s prospects. We assess the opportunities and how you can gain access.

TriLinc Global Launches New Fund

Posted on by trilinc_admin17

February 06, 2019 10:15 AM Pacific Standard Time

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–TriLinc Global, LLC announced today its Regulation D offering of the TriLinc Global Impact Fund II, LLC. “We are very pleased to continue to offer investors with what we believe to be lower risk access to private investment opportunities available in select-high growth economies including Latin America, Southeast Asia, Sub-Saharan Africa, and Emerging Europe,” commented Gloria Nelund, CEO of TriLinc Global, LLC. The TriLinc Global Impact Fund II, LLC (“TGIF II”) is a developing economy private debt fund focused on making private loans to private growth stage companies that are committed to responsible, sustainable management and to the creation of positive, measurable impact in their communities. “We believe this shortage of capital helps create meaningful opportunity to generate competitive risk-adjusted returns and positive impact,” stated Ms. Nelund.

 

About TriLinc Global, LLC

TriLinc Global (www.trilincglobal.com)

TriLinc is an impact investing fund sponsor with a mission to link market-rate returns, positive impact, and scalable solutions. Through its registered investment advisor subsidiaries, TriLinc has invested over $1 billion in private debt globally and seeks to demonstrate the power of the capital markets in helping solve some of the world’s pressing socioeconomic and environmental challenges. TriLinc funds provide growth-stage loans and trade finance to established small and medium enterprises (“SMEs”) in select developing economies where access to affordable capital is limited. Borrower companies must demonstrate the ability to pay market rates, pass TriLinc’s environmental, social, and governance (ESG) screens, and commit to tracking and reporting on self-identified impact metrics. To learn more about TriLinc Global please visit the TriLinc Global website at www.trilincglobal.com.

DISCLAIMER

This information is for general purposes only and does not represent a recommendation or offer of any particular security, strategy, or investment. Amount invested represents current amount financed in term loans, trade finance, and short-term notes since 2013. There is no guarantee that TriLinc’s investment strategy will be successful or will avoid losses. Investment in a pooled investment vehicle involves significant risk including but not limited to: units are restricted; no secondary markets; limitation on liquidity; transfer and redemption of units’ distribution made may not come from income and if so will reduce the returns; are not guaranteed and are subject to board discretion. TriLinc is dependent upon its advisors and investment partners to select investments and conduct operations. TriLinc is not suitable for all investors. TriLinc Global LLC (“TLG”) is a holding company and an impact fund sponsor founded in 2008. TriLinc Advisors, LLC (“TLA”) is a majority-owned subsidiary of TLG and TriLinc Global Advisors LLC. (“TLGA”) is a wholly-owned subsidiary of TLG. TLA and TLGA are SEC registered investment advisors. Securities offered through Frontier Securities LLC, Member FINRA/SIPC. Registration and memberships do not indicate a certain level of skill, training or endorsement by the SEC, FINRA or SIPC.

Contacts

Robert Kronman – Director of Marketing
rkronman@trilincglobal.com
(o) 424 200 6202
(c) 310 497 2116

Market Volatility Webinar Replay

Posted on by trilinc_admin17

On February 28, 2019, Gloria Nelund, Founder and CEO of TriLinc Global, and Paul Sanford, Chief Investment Officer, hosted an educational webinar – Market Volatility.

The webinar covered topics including:

  • Is market volatility here to stay?
  • The opportunity for alpha
  • Circumventing volatility with private assets


Click here to download a copy of the webinar deck.

TriLinc Global Sustainable Income Fund (TGSIF) Fact Sheet

Posted on by trilinc_admin17

TGSIF Fact Sheet PDF

As of December 31, 2018, TGSIF is no longer being offered.

TriLinc Global Sustainable Income Fund (“TGSIF”) is a developing economy private debt fund focused on making private loans to private growth stage companies that are committed to responsible, sustainable management and to the creation of positive, measurable impact in their communities.  TGSIF’s objectives are to provide current income, capital preservation and modest capital appreciation primarily through providing term loans and trade finance facilities to established, growth stage, middle market enterprises through a global network of institutional-class Investment Partners primarily located in carefully selected developing economies where we believe access to affordable capital is significantly limited.  We believe this shortage of capital helps create meaningful opportunity to generate competitive risk-adjusted returns and positive impact.

To learn more, please contact: Info@TriLincGlobal.com

For information on TriLinc Global Sustainable Income Fund II (“TGSIF II”), click here. >

Unique Business Model

Posted on by trilinc_admin17

Finding quality businesses to invest in requires deep local networks, a firm understanding of the culture and regulatory environment, and a local reputation for being a high-quality lending partner.

For these reasons, TriLinc has partnered with multiple experienced in-country private debt managers who act as on-the-ground agents, originating loans for TriLinc’s consideration and performing ongoing local investment level oversight.  In accordance with our risk management philosophy which emphasizes a comprehensive approach to investing and asset management, our investment partners strategies are primarily tailored to the characteristics of private financing of SMEs in developing economies.  In addition to the benefits of dual underwriting and global diversification, unlike a fund-of-funds model, there is a single layer of fees as management and incentive fees which are shared with investment partners.

 
 

Benefits of TriLinc’s Unique Partner Model

  • Boots on the ground to mitigate idiosyncratic local market risk
  • “Double” underwriting to ensure adherence to risk standards and specific client mandates
  • Emerging markets exposure without the volatility of public markets
  • Comprehensive diversification such that no single macroeconomic factor can significantly affect the portfolio
  • Flexibility to quickly adapt to changing local economic conditions

 

TriLinc’s investment strategy begins with “top-down” global macroeconomic analysis designed to identify countries with strong growth fundamentals, legal and political stability and unrestricted capital access.  The “top down” analysis is then complemented by “bottom-up” input from our local investment partners to identify markets with strong potential for financial returns and social and/or environmental impact.

TriLinc has implemented our investment strategy through partnering with multiple investment partners.


 
 

Private Debt Plus® Investment Strategy:

  • Targeting countries with favorable economic growth and investor protections;
  • Partnering with sub-advisors with significant experience in local markets;
  • Focusing on creditworthy lending targets who have at least 3-year operating histories and demonstrated cash flows, enabling loan repayment;
  • Making primarily debt investments, backed by collateral and borrower guarantees;
  • Employing sound due diligence and risk mitigation processes; and
  • Monitoring our portfolio on an ongoing basis.

 
 

OUR EXPERTISE

Although the shortage of capital available for SMEs is consistent throughout the developing world, the individual economics themselves are unique. Finding quality businesses to invest in requires deep local networks, a firm understanding of the local culture and regulatory environment, and a local reputation for being a high-quality lending partner. For these reasons, we believe the most prudent strategy is to complement top-down, macroeconomic portfolio optimization and management with experienced, local investment partners who have solid track records, and ample access to high-quality potential investments.

Investment partners are selected based upon a comprehensive due diligence process that evaluates their exposure to, skill with, and track record in select asset classes, regions and countries. Click here to read more. 

TGSIF Fund Closing Notice

Posted on by trilinc_admin17

On December 31, 2018, the TriLinc Global Sustainable Income Fund (“TGSIF”) closed the offering period to investors.

TriLinc plans to launch new funds in Q1 2019 in order to continue to provide investors with what we believe to be lower risk access to private investment opportunities available in select high-growth economies including Latin America, Southeast Asia, Sub-Saharan Africa, and Emerging Europe.

TriLinc’s private debt investment strategy (Private Debt Plus®) aims to deliver market-rate returns through private loans to private Small and Medium-sized Enterprises (SMEs) in select developing countries plus positive impact that is measurable and reportable utilizing the Global Impact Investing Network (GIIN) Impact Reporting and Investment Standards (IRIS).

For additional information, please contact info@trilincglobal.com

DISCLAIMER

This information is for general purposes only and does not represent a recommendation or offer of any particular security, strategy, or investment. There is no guarantee that TriLinc’s investment strategy will be successful or will avoid losses. Investment in a pooled investment vehicle involves significant risk including but not limited to: units are restricted; no secondary markets; limitation on liquidity; transfer and redemption of units’ distribution made may not come from income and if so will reduce the returns; are not guaranteed and are subject to board discretion. TriLinc is dependent upon its advisors and investment partners to select investments and conduct operations. TriLinc is not suitable for all investors. TriLinc Global LLC (“TLG”) is a holding company and an impact fund sponsor founded in 2008. TriLinc Advisors, LLC (“TLA”) is a majority-owned subsidiary of TLG and TriLinc Global Advisors LLC. (“TLGA”) is a wholly-owned subsidiary of TLG. TLG and TLGA are SEC registered investment advisors. Securities offered through Frontier Securities LLC, Member FINRA/SIPC. Registration and memberships do not indicate a certain level of skill, training or endorsement by the SEC, FINRA or SIPC.