LOS ANGELES--(BUSINESS WIRE)--TriLinc Global Impact Fund (“TriLinc”) announced that it has approved a new Investment Manager, The Rohatyn Group (“TRG”), to act as its sub-advisor on term loan investment opportunities in Latin America.
TriLinc is an impact investing fund 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 on people and communities across the globe.
TriLinc complements its global macroeconomic portfolio optimization and management with investment services from experienced sub-advisors that have solid track records in target asset classes, geographies and ample access to high-quality investment pipelines.
Founded in 2002, TRG is one of the leading emerging markets asset management firms. The firm and its affiliates manage assets of more than $5.5 billion with product offerings across private equity, private credit, hedge funds, fixed income, infrastructure and real estate. TRG is headquartered in New York, with offices around the globe including Brazil, Mexico, Peru, Uruguay, Argentina, India, Singapore, Hong Kong and London.
TRG’s private markets business focuses on the firm’s emerging market investment activity in private transactions with growth-stage middle-market companies that demonstrate strong value creation potential through highly experienced and reputable management teams, defensible market positions, strong cash flow fundamentals, and potential for positive risk-adjusted returns. TRG believes that its competitive advantage in originating and managing attractive investment and impact opportunities is supported and enhanced by a sophisticated institutional investor base, robust underwriting processes and procedures, institutional quality portfolio monitoring and administration infrastructure.
TRG’s Latin American Credit Team (“LACT”) is comprised of four senior members, the majority of whom have been with the firm since 2004. Collectively, the four members have over 70 years of investment experience in institutional lending, debt structuring, sales and trading, and high-yield distressed debt transactions with previous tenures at leading financial institutions including J.P. Morgan, Citibank, Merrill Lynch, BBVA and the World Bank. With a deep network of relationships throughout Latin America, LACT has deployed over $490 million since 2004, in credit transactions in some of the region’s most predominant sectors, including the utility, telecommunications, retail, and energy industries. TRG’s disciplined investment process, diligent investment administration and operations infrastructure, and strong emerging market investment track record support LACT and its strategy to create substantial value for its investors and SMEs that are currently underserved by traditional banks and financial intermediaries operating in the region.
“Partnering with TRG underscores the investment and impact opportunities TriLinc has witnessed in Latin America as part of our term loan and trade finance investment activity in the region,” said Gloria Nelund, TriLinc’s CEO. “The institutional strength and quality of TRG’s asset management capabilities and Latin America credit team will enhance our activity in the region and further enable us to create value for the U.S. investor while generating positive impacts in growth-stage SMEs operating in some of the region’s most developed economies.”
Nicolas Rohatyn, CEO and Chief Investment Officer of TRG, stated: “The partnership with TriLinc represents a unique and exciting opportunity for TRG to put its asset management and emerging market expertise to work for the U.S. investor. Additionally, working with TriLinc further supports and complements TRG’s private market investment mandate of generating competitive risk-adjusted returns while also creating positive economic development impacts in Latin America.”
About TriLinc Global Impact Fund
TriLinc is a non-traded, externally managed, limited liability company that makes impact investments in SMEs in developing economies that provide the opportunity to achieve both competitive financial returns and positive measurable impact. TriLinc invests in SMEs through experienced local market sub-advisors, and expects to create a diversified portfolio of financial assets consisting primarily of collateralized private debt instruments. TriLinc’s investment objectives are to generate current income, capital preservation and modest capital appreciation. In addition, the Company aggregates and analyzes social, economic and environmental impact data to track progress and measure success against stated objectives.
Forward-Looking Statements
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