ALEG is Acumen’s first latam focused impact fund, which will invest in early growth companies that provide access to good and services to low-income consumers
Acumen has launched its first Latin America focused impact fund which will invest in profitable and scalable early growth-stage companies that provide access to critical good and services to low-income consumers in fast growing markets. ALEG is a 10 year USD 20M fund. Key terms include: expected gross IRR of 17%, with a net IRR target of 10%, geographic focus: Peru, Colombia and Central America. Expected to impact 750k lives.