December 7, 2021

DAI acquires asset management company MicroVest

Devex | Dec 3, 2021

DAI has acquired microfinance specialist company MicroVest in a move aimed at strengthening DAI Capital, the global development organization’s growing finance arm.

MicroVest is a B Corporation that raises capital from private institutions and allocates it to financial institutions working with “underbanked” enterprises in emerging markets. It currently has $250 million under management and a staff of 20 people.

MicroVest is the second acquisition for DAI Capital, after it joined forces with investment bank Magister a year ago. Moraczewski said DAI has a “hybrid strategy” for growth that involves organic growth but could also include more acquisitions.

By clicking on any job link featured on this page you agree to leave MicroVest’s website and enter a third party site. Any information you may provide o By clicking on any link featured on this page you agree to leave MicroVest’s website and enter a third party site. Any information you may provide on the third party website shall be subject to the confidentiality and security terms of such website and not the privacy policies of MicroVest. MicroVest shall not bear any responsibility for any unauthorized disclosure or breach of confidentiality in relation to such information.

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