Jump Links
For more than a quarter century, SEDF has occupied a unique place in the impact investment world. Free from the requirements of external and commercial investors, SEDF can lean into areas of market and political risk in exchange for impact across regions and themes in support of democracy and open society. 
SEDF also leverages the expertise and reach of the Open Society Foundations’ programmatic grant-making, policy, and advocacy efforts, and multiple grades of investment capital—to bring a full suite of resources to bear on a particular issue. SEDF works closely with external partners across the nonprofit, public, and private sectors to strengthen individual investments and support Open Society’s larger mission and vision.
Deployed as of January 2024:
$400M+
Invested in fragile, frontier, and emerging market countries:
92%
Countries we’ve invested in:
54
Investments
Browse our current holdings, which reflect both current and historic investment themes.
Investments List
-
Geography: AfricaAmount: $7.5MDate: 2019
![Acumen Logo]()
The Acumen Resilient Agriculture Fund is a $58M+ fund that invests in early-growth stage innovative agribusinesses that enhance incomes, reduce volatility, and improve the livelihoods of smallholder farmers.View websiteSize $7.5MType FundGeography AfricaDate 2019 -
Geography: AfricaAmount: $15MDate: 2025
![Acumen]()
Acumen’s Hardest-to-Reach Initiative is a blended finance vehicle focused on closing the clean energy gap in sub-Saharan Africa and driving inclusive, sustainable development.View websiteSize $15MType FundGeography AfricaDate 2025 -
Geography: AfricaAmount: $10MDate: 2025Alliance for Green Infrastructure in Africa (AGIA) is an Africa-led blended finance platform working to catalyze transformative green infrastructure projects that drive inclusive, sustainable development across the continent.View websiteSize $10MType FundGeography AfricaDate 2025
-
Geography: GlobalAmount: $25MDate: 2024Allied Climate Partners (ACP) is a blended finance platform aiming to increase the pipeline of bankable climate projects in the Global South.View websiteSize $25MType FundGeography GlobalDate 2024
-
Geography: Latin America and the CaribbeanAmount: $15MDate: 2023
![Impact Earth logo.png]()
Amazon Biodiversity Fund is a Brazil-based investment fund dedicated to financing sustainable businesses in Brazil’s Amazon region that create jobs and preserve standing forest.Size $15MType FundGeography Latin America and the CaribbeanDate 2023 -
Geography: Latin America and the CaribbeanAmount: $7.5MDate: 2025
![EcoEnterprises Fund]()
EcoEnterprises invests in bioeconomy companies in Latin America that preserve natural capital, mitigate climate change, and drive equitable and inclusive, sustainable development.View websiteSize $7.5MType FundGeography Latin America and the CaribbeanDate 2025 -
Geography: AfricaAmount: $10MDate: 2025
![Helios Climate]()
The Helios Clear Fund is Africa’s first dedicated private equity fund focused on climate mitigation, adaptation, and inclusive economic development.View websiteSize $10MType FundGeography AfricaDate 2025 -
Geography: GlobalAmount: $10MDate: 2019
![InsuResilience Logo]()
InsuResilience invests in affordable insurance for smallholder farmers and others in low-income countries whose livelihoods are at risk from extreme weather.View websiteSize $10MType FundGeography GlobalDate 2019 -
Geography: AfricaAmount: $4.4MDate: 2019
![Yield Uganda Logo]()
Yield Uganda Fund invests in agribusinesses that benefit smallholder farmers in Uganda.View websiteSize $4.4MType FundGeography AfricaDate 2019 -
Geography: GlobalAmount: $3MDate: 2019
![]()
Accion Venture Lab is a seed-stage fintecher fund focused on promoting financial access and inclusion.View websiteSize $3MType FundGeography GlobalDate 2019 -
Geography: AsiaAmount: $85MDate: 2013
![]()
Aspada is an $85M fund that invests in SMEs that benefit low-income people and smallholder farmers in India.View websiteSize $85MType FundGeography AsiaDate 2013 -
Geography: AfricaAmount: $10MDate: 2019
![Cepheus Logo]()
Cepheus makes growth capital minority equity investments into Ethiopian manufacturing, agro-processing, and education and healthcare services.View websiteSize $10MType FundGeography AfricaDate 2019 -
Geography: United StatesAmount: $7.5MDate: 2019
![]()
Community Loan Fund is a Community Development Financial Institution providing capital and technical assistance to finance affordable housing, local businesses, and nonprofit and child care facilities in New Hampshire.View websiteSize $7.5MType FundGeography United StatesDate 2019 -
Geography: AfricaAmount: $2.2MDate: 2018
![]()
IPDEV II is a €21.2 platform managed by Investisseurs & Partenaires and established to create and seed national investment vehicles in Africa to support and invest in local SMEs.View websiteSize $2.2MType FundGeography AfricaDate 2018 -
Geography: GlobalAmount: $3MDate: 2021
![Kiva Logo]()
Kiva Refugee Investment Fund provides senior unsecured loans to Kiva MFI Partners that work closely with displaced populations, with an initial focus on the Middle East and Latin America.View websiteSize $3MType FundGeography GlobalDate 2021
