| Focus Area: |
Economic Development |
| Project: |
Direct Investment in Developing Countries |
| Commitment By: |
Mary Ann Casati, Circle Financial Group |
| Value: |
$750,000 |
Objective: To support the growth of foreign private direct investment in developing economies.
Commitment: To research opportunities for and invest capital in one or more developing economies to support the growth of domestic infrastructure, companies and economies. To encourage others to invest in developing economies through “lead by example” and sharing of ideas.
| Point of Contact: |
Mary Ann Casati, Partner
Circle Financial Group |
| Geographic Scope: |
India |
| Anticipated Launch Date: |
October 2005 |
| Anticipated Duration: |
5-10 years (duration of investment) |
Update:
December 2005:
Initial part of investment complete with a $500K commitment to real estate projects of which over $400K is funded. Additional investment options are being investigated.