EcoEnterprises Fund, a pioneering women-owned and -led impact investment firm with 25 years of experience, is proud to announce the upcoming first close of EcoEnterprises Fund IV, LP raising over $50 million from a diverse group of institutional and private investors, with FMO contributing up to $15 million. The new fund aims for a final target of $150 million and will invest in up to 20 small and medium-sized companies across Latin America that achieve superior biodiversity conservation, climate action, and social impact results.
EcoEnterprises Fund IV is built on a proven track record of blending growth capital with dedicated value creation services and technical assistance support for portfolio companies, a combination that bolsters both financial returns and superior impact outcomes. This dual approach not only enhances meaningful environmental and social benefits that might not otherwise be possible, but also strengthens risk resilience, ensuring the long-term profitability and sustainability of its portfolio companies.
Catalyzing Nature-Based Climate Solutions and Gender-Smart Initiatives
EcoEnterprises Fund is recognized as a leader in financing businesses that scale nature-based solutions across rural value chains, empowering companies to elevate their conservation, climate adaptation, and gender equity efforts. A premier player in impact investing, it has invested in 50 companies over three portfolios, driving transformation across the Amazonian, Andean and Meso-American regions in Latin America.
“EcoEnterprises Fund IV will continue to identify, nurture and grow innovative businesses that drive positive change and build solutions for a more resilient, sustainable future,” said Tammy Newmark, CEO & Managing Partner. “We are especially committed to fostering gender-smart initiatives and addressing the urgent need for natural climate solutions at scale,” continued Newmark, “and we are honored to count with a strong group of stakeholders, that support our spearheading efforts as anchor investors in our fourth fund."
Impactful Partnerships for Sustainable Growth
The first close of EcoEnterprises Fund IV will be made possible by commitments from leading development finance institutions, private investors, and family offices, including IDB Invest, FinDev Canada and FMO, the Dutch entrepreneurial development bank, through the Mobilizing Finance for Forests (MFF) program funded by the UK government and the government of the Kingdom of the Netherlands.MFF was established in 2021 by the UK government and FMO as a blended finance investment program to combat deforestation and other environmentally unsustainable land use practices contributing to global climate change. The Netherlands’ Ministry of Foreign Affairs joined MFF as a second funder in 2024.
Floor van Oppen, Manager Partnerships for Impact at FMO, said, “FMO is delighted to support EcoEnterprises’ first close on their latest fund. Our $15m commitment is made possible by the Mobilising Finance for Forests (MFF) programme. The MFF programme, launched in 2021 with funding from the UK government, is aimed at unlocking private sector investment in projects that protect and restore tropical forests and other critical ecosystems across Africa, Asia and Latin America. The investment in EcoEnterprises Fund IV contributes to FMO’s ambitious forestry strategy, which is geared towards substantial climate mitigation and broader ecosystem benefits, alongside attractive financial returns. Through innovative finance, we look forward to continuing to scale this chronically underfunded sector.”
“We thank our investors who understand the importance of long-term, sustainable development, and who recognize the value of combining capital with our high-touch engagement to unlock the full potential of these compelling community-based natural capital enterprises,” said Newmark.
