Elevar capitalizes entrepreneurs who create global systems access for disconnected communities. Our entrepreneurs provide massively scalable essential services tailored explicitly to the needs of these community groups.
Our Investment Approach
Elevar takes a thesis-led approach to deploying capital that has resulted in pioneering investments in low income housing finance, payment networks, micro/small/medium sized enterprise or small business finance, migrant services and rural healthcare.
Our investment process begins with the identification of large, socially coherent but disconnected groups. Viewing these groups as large sources of untapped economic and social value, Elevar develops investment themes around specific products or services that can link disconnected groups to global systems, prioritizing opportunities based on the community’s expressed needs for specific essential products or services. Development of investment themes comes from a “bottom-up” understanding of the needs of clients and the relevant market space. Elevar’s investing is driven by specific requests from clients of existing portfolio companies with regards to the products and services that are needed by them. This is complemented by “top-down” research and analysis that encompass macroeconomics, nation level assessment and development oriented research.
Our Track Record
Since 2006, Elevar has managed two private equity funds totaling $94 million and has backed 16 companies at various stages of their growth. Elevar’s portfolio companies have served close to 11 million households and have mobilized over $4 billion in equity and debt capital for targeted communities. Elevar, is among the few investors in the impact investing market to have managed profitable exits.
Our thematic approach and understanding of the needs of disconnected communities has made us a key strategic investor in our markets. We have not invested opportunistically: in 14 instances, our capital was the first professional capital in the company. In 4 companies, we played a formative role in identifying client needs, defining the initial business plans and strategies alongside the founding management teams.
We believe in building client-centric companies and investing for the long term.
Core to the Elevar’s investment approach is the belief that all people have intrinsic economic and social value. We invest in products and services that unlock this value by enabling disconnected communities to create opportunities for themselves.
We believe in the power of the market and see fundamental value in the connections formed between clients, communities, entrepreneurs and global networks and markets. We are inspired by the ingenuity of execution-oriented entrepreneurs who are customer-focused and can innovate on product and delivery channel.