Global impact firm Palladium, through its asset management arm Bamboo Capital Partners, is entering into a strategic partnership with KPTL.
Global impact firm Palladium, through its asset management arm Bamboo Capital Partners, is entering into a strategic partnership with KPTL.
The alliance brings together expertise in impact investing with Brazilian-based venture capital and aims to unlock bottlenecks in Latin American markets and create growth opportunities with a focus on technology and social transformation.
The partnership will make base investments in innovative and scalable businesses, led by stand out entrepreneurs, to boost financial returns and impact in “lockstep”.
Bamboo has successfully implemented this model in the health, energy and agriculture sectors in emerging markets including in Asia, the Middle East and Africa. It has also previously fostered financial inclusion initiatives in banks and microfinance providers in Latin America.
KPTL has invested in more than 100 companies since 2003 – with 63 currently held in its portfolio. At the beginning of last year, the GovTech Fund was launched by KPTL and Cedro.
In parallel KPTL will support Bamboo’s BLOC Latin America fund deepen its reach in Brazil and in neighbouring countries. The Fund invests in tech-enabled businesses in Latin America and the Caribbean, in financial inclusion, access to energy, healthcare, medical services, education, ag-tech and digital infrastructure.
