Blue like an Orange finances information technology acquisition in Brazil

ImpactAlpha, June 13 – Grupo Cimcorp, one of Brazil’s largest information technology service providers, lined up an undisclosed amount of financing to acquire a local software company. Blue like an Orange Sustainable Capital, the debt fund founded by former World Bank officials to finance the Sustainable Development Goals, provided $25 million of the total financing,

Media Development Investment Fund raises $13 million for journalism in markets hostile to the press

  • "In all of these markets, the competitive advantage of the companies we’re working with is trust,” MDIF’s Harlan Mandel told ImpactAlpha. Reliable news businesses in politically risky and economically distorted environments, he says, are undervalued by investors.