The Liberia Economic Impact Fund (LEIF) is a $50 million private equity fund investing in the Mano River Union's vibrant small and medium-sized enterprise sector. The objective of the fund is to spur broad-based economic growth and private sector development in the aftermath of the devastating Ebola outbreak.
The strategy of the Fund will be to drive growth and create value in portfolio companies through deep engagement by the investment team. The team, based in Monrovia, will work closely with the portfolio, providing support in a variety of functions including:
Mobilizing extensive commercial relationships in Liberia and West Africa, the team will deploy capital in sectors with potential for rapid growth and significant social impact. The sectors will include, but will not necessarily be limited to healthcare, logistics, equipment leasing, power generation, ICT, services and agribusiness.
LEIF's social mission is to promote long-term, inclusive economic growth and job creation in Liberia by underpinning its investments with a targeted Technical Assistance Facility (TAF). In order to achieve this mission, LEIF will complement careful management of environmental, social and governance (ESG) issues by focusing on an additional high-priority impact area—Health—to assess the public-health risks, opportunities and impacts associated with investments. These “H+ESG” targets are defined below: