Name

eco.business Fund

Legal name

ECO-BUSINESS FUND S.A., SICAV-SIF

Website

https://ecobusiness.fund

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Impact Investment Fund — Sustainable Biodiversity Finance

NAICS

Other Investment Pools and Funds (5259), Other Financial Vehicles (525990)

SIC

Investment Advice (6282), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Biodiversity, Conservation & Natural Capital Funds (FSANAJAG)

akta.pro secondary industries

Sustainable Agriculture & Food Systems Funds (FSANAJAE), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Climate Finance Funds & Green Investment Facilities (BPADACAH), Water & Waste / Circular Economy Funds (FSANAJAF)

Keywords

• Impact investment fund
• Sustainable agriculture finance
• Biodiversity conservation lending
• Blended finance vehicle
• Private debt investment

Headquarters

HQ city

Bertrange

HQ country

Luxembourg

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Private Debt Investment Returns: The fund generates returns through interest income and principal repayment on debt instruments (senior loans, subordinate loans, mezzanine debt) provided to financial institutions and direct investees. Returns are diversified across the portfolio and enhanced through first- and second-loss protection structures provided by catalytic investors.
2. Blended Finance Structure: The fund's blended finance structure combines catalytic investor capital (public investors and development banks providing first- and second-loss protection) with private institutional investor capital. This enhances the risk-return profile, making the fund attractive to private investors who scale the impact of catalytic investors' funding.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

eco.business Fund is a Luxembourg-based impact investment fund that extends private debt (senior loans, subordinated loans, mezzanine debt) to financial institutions and direct investees in sustainable agriculture, forestry, aquaculture, and tourism across Latin America and Africa. The fund operates two sub-funds (Latin America Sub-Fund I and Africa Sub-Fund II) under a blended-finance structure that combines catalytic capital (first- and second-loss protection from public investors and development banks) with private institutional capital to deliver risk-mitigated returns alongside measurable biodiversity outcomes.

Product overview

The eco.business Fund is a Luxembourg-based SICAV investment fund comprising two regional sub-funds (Latin America Sub-Fund I and Africa Sub-Fund II) that provide private debt financing to sustainable businesses in agriculture, forestry, aquaculture, and tourism sectors. The fund delivers risk-mitigated returns through a blended finance structure with first- and second-loss protection. In addition to financing, the fund offers Advisory & Capacity Building services to investees, funded separately by donors, to strengthen sustainability standards and market development.

Differentiator

Problem solved

Functional benefit

Products and services

• Latin America Sub-Fund (Sub-Fund I) Private debt investment vehicle under the Luxembourg SICAV-SIF that finances sustainable businesses in agriculture, forestry, aquaculture, and tourism across Latin America and the Caribbean. Active since 2015 with USD 722M total assets as of Q4 2025 and 44 active investees. Targets financial institutions and direct investees using senior loans, subordinated loans, and mezzanine debt under a blended-finance structure with first- and second-loss protection.
• Africa Sub-Fund (Sub-Fund II) Private debt investment vehicle under the Luxembourg SICAV-SIF that finances sustainable businesses in agriculture, agribusiness, forestry, aquaculture, and tourism across sub-Saharan Africa. Active since 2020 across 8 active investment countries including Kenya, Tanzania, Côte d'Ivoire, Benin, DRC, and Ghana. Provides senior loans, subordinated loans, and mezzanine debt to financial institutions and direct investees.
• Advisory & Capacity Building Services

Quantifiable outcome

• 1.5M hectares of farmland under sustainable management (Q4 2025)
• +8 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• PRé SustainabilitycoreStrategic or Co-development Partnereco.business Fund partnered with PRé Sustainability to develop and adopt a science-based biodiversity metric (BFFI method) that quantifies biodiversity impacts across crops, regions, and investment criteria, enabling comparison and smarter investment decisions for nature and investors.
• Finance in Motion Asset Management S.à r.l.coreOthersFinance in Motion Asset Management S.à r.l. is the fund's manager, responsible for portfolio management, investor relations, impact management, and advisory & capacity building services. Recognized as a 'Practice Leader' by BlueMark since 2022 with 'advanced' impact management rating.
• IFPRI (International Food Policy Research Institute)minorStrategic or Co-development PartnerIFPRI, an agricultural research center, is exploring opportunities in sorghum with Family Bank Kenya, which was financed by eco.business Fund. This reflects the bank's broader strategy to diversify into agriculture with new development partners.
• CGIARminorStrategic or Co-development PartnerCGIAR is interested in collaborating with Family Bank Kenya around maize, following eco.business Fund's investment. This represents potential new development partnerships for agricultural resilience in Kenya.
• BlueMarkcoreOthersBlueMark is a leading provider of impact intelligence that independently verifies the fund's (through Finance in Motion) impact management system. The fund's impact management system was rated 'advanced' (highest ranking) across all eight dimensions of the Impact Principles and designated 'Practice Leader' since 2022.
• Colombian Hotel and Tourism Association (Cotelco)minorStrategic or Co-development Partnereco.business Fund collaborated with Banco de Bogotá and Cotelco to optimize new sustainable tourism financial products and provide training for bank officers on sustainability advisory.
• Perfometer AgribusinessminorStrategic or Co-development PartnerPerfometer Agribusiness is exploring collaboration opportunities with Family Bank Kenya around the dairy industry, following eco.business Fund's investment in Family Bank.

Scale indicators28 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mirova Natural Capital: Mirova Natural Capital Fund is a private debt/equity impact fund investing in sustainable land use, sustainable agriculture, and forestry in emerging markets. Directly comparable to eco.business Fund in vehicle structure, biodiversity focus, and EM geographic mandate, with overlapping investor base of DFIs and institutional impact investors.
• Acumen: Global impact investor with multiple regional funds (Latin America, East Africa, West Africa) deploying patient capital to early-stage businesses addressing poverty and climate. Comparable regional fund architecture in LatAm/Africa and blended patient-capital model with catalytic donor anchor.
• AgDevCo: UK-based specialist impact investor and DFI providing debt and equity to smallholder and SME agribusinesses across sub-Saharan Africa. Closely comparable African agricultural sustainable-finance mandate with Development Facility-style technical assistance component.
• responsAbility Investments AG: Swiss impact asset manager operating multiple private debt and equity funds in financial inclusion, sustainable agriculture, and climate finance across EM. Comparable fund-of-funds / direct lending model with institutional impact investor base and Latin America/Africa exposure.
• BlueOrchard Finance: Zurich-based impact investment manager with multiple EM private debt and forestry funds (including the Microfinance Initiative and Forestry & Climate Change Fund). Comparable blended-finance impact fund manager structure serving EM with DFI-backed vehicles.
• Climate Fund Managers (CFM): Joint venture between Sanlam Infra and FMO operating blended-finance climate funds (e.g., Climate Investor One, Climate Investor Two) across emerging markets. Comparable blended-finance vehicle architecture with DFI catalytic capital and EM nature-based-solutions exposure.
• Land Degradation Neutrality Fund (LDN Fund): UNCCD-supported blended finance fund providing debt and equity to projects in sustainable land management, forestry, and agriculture across Africa, Asia, and Latin America. Directly comparable vehicle structure, blended finance with public anchor investors, and land-use/sustainable-agriculture thesis in EM.

Broad incumbents

• Finance in Motion: Germany-based impact asset manager that is the parent advisor/AIFM of eco.business Fund, with $10.4B capital deployed across multiple thematic funds (green finance, microfinance, forestry). Broader incumbent platform that operates eco.business Fund as one of several mandates; valuable peer for understanding the parent manager's economics.

Others

• Convergence Blended Finance: Global network for blended finance deal flow and intelligence. Not a direct peer (network/data provider) but highly relevant ecosystem participant that the eco.business Fund's blended finance structure depends on for market visibility and co-investor introductions.

Emerging players

• Novastar Ventures: East Africa-focused venture and growth fund manager backing SMEs in financial inclusion, agriculture, and clean energy. Partial overlap with eco.business Fund's Kenya operations and SME/agribusiness end-borrower focus, but at equity rather than debt.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ecobusinessfund

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about eco.business Fund