Caspian Impact Investment Adviser Private Limited
CASPIANS MISSION AND VISION
Caspian, incorporated in December 2004 and registered with SEBI as an investment manager, invests
in socially responsible, multiple bottom line businesses delivering financial and social value.
We deploy private capital into sectors including financial inclusion (microfinance, small business
financing), food & agribusiness, healthcare, education, clean energy, last mile banking and
affordable housing.
We have set up three impact funds/initiatives so far - Bellwether Microfinance Fund, India Financial
Inclusion Fund and Caspian Impact Investments. The firm currently has over INR 1,000 Cr under
management.
THE CASPIAN CULTURE - THE TEAM YOU WILL JOIN
Caspian is a meritocracy and is committed to providing equal opportunities in employment to all
members of our team. You will be an important part of our organization and will have a key role in
our continuing success. Working as a team is critically important at Caspian. Our organization is lean
and requires efficient solutions, unencumbered by excessive bureaucracy. As a result, we work
together to find the most innovative answers, maintaining an environment that is very
entrepreneurial.
THE IMPACT INDUSTRY AND CASPIANS SUCCESSES
Impact investments are investments that are intended to create positive impact beyond financial
returns. Caspian has been a pioneer and is one of the key players in the Indian impact investing
space.
Fund I: Our first equity fund, Bellwether, established in 2005, was the first private domestic equity
investor focused on Microfinance and was set up with the single-minded focus of catalyzing
Microfinance in India. The Fund incubated several startups in geographically diverse and
un/underserved locations. The Fund went on to successfully exit much of its portfolio.
Fund II: Our second equity fund, India Financial Inclusion Fund ( IFIF ), established in 2008 had a
broader financial inclusion mandate and made pioneering investments in affordable housing in the
country. The fund, currently in exit mode, has significant holdings in three of the recent small
finance bank licensees.
Fund III: Our third initiative, Caspian Impact Investments ( CII ), is an NBFC registered with the
Reserve Bank of India. CII provides debt to businesses engaged in SME financing, Microfinance,
Affordable Housing, Food & Agribusiness, Healthcare, Clean Energy and other impact sectors. CII is a
permanent business with no fixed term.
Fund IV: Our fourth initiative, Caspian SME Impact, is a domestic Category II Alternative Investment
Fund registered with SEBI and we expect to have a first closing in a few months.
We encourage you to visit our website at www.caspian.in for more information on the firm. More
details on Fund III can be found at http://cii.caspian.in/