New Mexico SIC among Next Frontier Capital backers as firm raises over $100m for Fund IV

Next Frontier Capital Raises $100m for Fund IV

Next Frontier Capital (NFC), a leading impact investment firm focused on emerging markets, has announced the successful closing of its fourth fund, Fund IV, with commitments totaling over $100 million.

Limited partners (LPs) in Fund IV include a diverse group of institutional investors and family offices from around the globe, including the New Mexico State Investment Council (SIC), Blue Haven Initiative, and the Ford Foundation.

New Mexico SIC Invests in Fund IV

The New Mexico SIC is among the largest institutional investors in Fund IV. The SIC's commitment to NFC reflects the state's commitment to responsible investing and its recognition of the importance of impact investing in emerging markets.

Focus on Emerging Markets

NFC's Fund IV will continue the firm's successful strategy of investing in impact-driven businesses in emerging markets. The fund will focus on investments in sectors such as education, healthcare, financial inclusion, and sustainable agriculture.

Positive Impact on Communities

NFC's investments have a positive impact on the communities they serve. For example, the firm's investment in a healthcare provider in India has helped improve access to quality healthcare for over 1 million people.

Continued Growth for NFC

The closing of Fund IV is a significant milestone for NFC and will allow the firm to continue its mission of investing in businesses that make a positive impact in the world.

NFC's success is a testament to the growing demand for impact investing. As more investors seek to align their investments with their values, impact investing is poised for continued growth in the years to come.