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OPIC Selects GATE Global Impact as Originator In Enterprise Development Network



Thursday, July 12, 2012

(OPIC)  WASHINGTON, D.C. –The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has selected GATE Global Impact, a New York-based financial services company, to serve as an originator for a growing alliance with the private sector designed to support small and medium enterprises (SMEs) expanding into emerging markets overseas.

The alliance, the Enterprise Development Network (EDN), is expanding the ability of OPIC – the U.S. government agency charged with facilitating U.S. private sector investment in emerging markets – to provide financing to SMEs doing business in developing countries.

Through the support of financial institutions, business consultants, associations, law firms and regional investment promotion agencies, EDN is designed to enhance SME access to OPIC products and services. By empowering such service providers, the network is resulting in more efficient, cost-effective delivery of services to American businesses.

The mission of GATE Global Impact is to fulfill the increasing global demand for market infrastructure that enables capital to identify and transact in investments that provide a sustainable social and/or environmental benefit and financial return. GATE has created a centralized electronic marketplace to facilitate the transactions of impact-focused investment products and has developed a utility that provides efficiency, transparency, liquidity and education that enables the transaction processes in a variety of markets.

GATE provides an end-to-end solution inclusive of information, performance metrics, settlement and clearance. These markets include private equity, private debt, microfinance and environmental credits. GATE Global Impact ultimately believes they will have a positive influence by providing investors and entrepreneurs a regulatory compliant marketplace to interact allowing for future job creation and stimulate economic growth.