//homepage code //end homepage code
Expanding flexible financing to impact driven businesses in Latin America.

VANCOUVER, British Columbia | October 5th, 2021 —Deetken Impact, a Canadian asset manager, has entered into a joint venture partnership with Adobe Capital, a leading investment fund manager based in Mexico, to offer tailored and flexible financial instruments that support the growth of impact-focused businesses in the Americas. As part of this strategic acquisition, Deetken Impact has completed a 40% equity investment in Adobe Capital.

Adobe Capital manages two impact funds that provide mezzanine financing to impact-focused enterprises in Latin America across a variety of sectors. With assets under management totaling $50MM, they have pioneered the design and use of innovative self-liquidating financial instruments that support rapidly growing impact businesses while avoiding founder dilution. 

Adobe Capital has unparalleled networks and experience in impact investing in Latin America, particularly when it comes to revenue-based financing and alternative finance. We see tremendous potential to integrate our teams and processes, and to create a platform to expand flexible financing options for impact businesses” said Alexa Blain, Managing Partner of Deetken Impact. “From a team perspective, we are now bringing together 24 dedicated professionals in 6 countries, which is a fantastic footprint for supporting our portfolio companies and sourcing pipeline opportunities.”

“Partnering with Deetken Impact was a logical next step for us given our continuing regionalization efforts. In this sense, our combined capabilities will position our joint platforms as the leading private debt player in Latin America focused on impact investing with more than 45 portfolio companies throughout 14 countries” mentioned Erik Wallsten, Managing Partner of Adobe Capital.

This is the second joint venture transaction for Deetken Impact following its acquisition of a 49.9% stake in Deetken Impact Sustainable Energy in 2019. Deetken Impact and its joint venture partners together manage 5 funds representing over US$150 million in impact assets, and share a commitment to delivering strong, stable returns to investors by supporting businesses that make a meaningful contribution to the Sustainable Development Goals.

About Deetken Impact

Deetken Impact is a Canadian registered investment fund manager with a track record of over 10-year of delivering strong, stable returns to investors by supporting businesses that make a meaningful contribution to the Sustainable Development Goals. Together with its joint venture partners, Deetken Impact Sustainable Energy and Adobe Capital, Deetken Impact manages US$150 million in impact assets. 

About Adobe Capital

Adobe Capital is an impact asset management firm that invests in innovative social and environmental companies in Latin America. Through flexible financing vehicles, Adobe Capital supports exceptional impact driven entrepreneurs to create profitable and scalable businesses that address the region’s most pressing social and environmental challenges. Adobe Capital  is a 2021 Impact Assets 50 Manager.

About Deetken Impact Sustainable Energy

Deetken Impact Sustainable Energy manages two funds that co-invest in renewable energy and energy efficiency projects and companies in Central America and the Caribbean. With $60MM in committed capital, the funds have approved investments in 15 companies in 6 countries. Deetken Impact Sustainable Energy is a signatory to the Operating Principles for Impact Management and is also a 2021 ImpactAssets 50 Manager.

It is EASY to get started making an impact!

Simply send us your contact information and one of our investment specialists will contact you to personally walk you through the investment process. 

We will be in contact shortly

Magali Lamyin, Director of Communications and Development for Deetken Impact

MAGALI LAMYIN

Director of Communications and Development

 

Magali brings extensive market intelligence, business development and marketing experience from her work at the Central Bank of Mexico, the Canadian Institute for Market Intelligence, and the IESE-PWC e-Business Centre in Barcelona. She also co-led national marketing campaigns for businesses in the hospitality and early childhood education sectors for almost a decade before joining Deetken. In her current role, she is responsible for leading Deetken Impact’s communications, marketing and branding strategy. She is also involved in the due diligence process for project selection with an emphasis in Mexico.

Magali holds a BA in Economics from Mexico's ITAM and a Master's degree in Economics from the University of British Columbia.

You have Successfully Subscribed!

Jose Lamyin, Managing Partner Deetken Impact

JOSE LAMYIN

Managing Partner

 

José has extensive experience as a business advisor for clients throughout Canada, Europe and Latin America in mining, telecommunications, and finance. Prior to co-founding The Deetken Group, José worked for Teck Cominco in Peru and Canada and Deutsche Bank in London (UK). José has spearheaded much of the strategic growth of Deetken Asset Management since inception and is currently focused on investment selection.

José received his BS in Engineering from the University of British Columbia and MBA from IESE School of Business (Barcelona). Born in Peru, José is fluent in English and Spanish.

You have Successfully Subscribed!

Alexa Blain, Managing Partner Deetken Impact

ALEXA BLAIN

Managing Partner

 

Alexa is responsible for finance, operations and investor relations at Deetken Impact. She brings over 10 years of experience in financial consulting and asset management, with specific expertise in company and investment analysis, business valuation and securities/corporate finance. Prior to joining Deetken, she spent three years with African Alliance, a pan-African financial services group, where she focused on expanding the firm’s retail financial services operations as well as on the origination and negotiation of new capital. In addition, Alexa has six years of asset management experience with the Canada Pension Plan Investment Board, the Macquarie Group and the Ontario Teachers’ Pension Plan.

Alexa is a CFA Charterholder. She has also completed an MA in Financial Economics and an Honours BA in Economics, both at the University of Toronto.

You have Successfully Subscribed!

Fernando Alvarado, Head of Deetken Impact Sustainable Energy

FERNANDO ALVARADO

CEO

Honduras Renewable Energy Managers (HREM) and Caribbean Renewable Energy Managers (CAREM)

 

Fernando Alvarado leads the General Partner and Investment Advisor of two clean energy and energy efficiency project finance and venture capital funds: Honduras Renewable Energy Financing Facility (H-REFF) and Caribbean Basin Sustainable Energy Fund (CABEF), which he structured and runs with a combined target capitalization of $100m.

Development Investment Banker with 28 years of international credit and investment experience and 18 years of direct experience assessing diversified renewable energy portfolios in Latin America & the Caribbean. He has participated in more than 50 syndicated credit and investment transactions for renewable energy projects in excess of $250 MM. He led the creation, structuring, fundraising, legal closing and portfolio construction of several specialized renewable energy funds.

Costa Rican, based in San Jose, Mr. Alvarado has an MBA in Banking and Finance cum laude from Universidad de Costa Rica.

You have Successfully Subscribed!

Carl Black, Portfolio Manager Deetken Impact

CARL BLACK

Portfolio Manager

 

Carl is a Portfolio Manager with Deetken Impact focused on analyzing and working with MSMEs, social enterprises, and renewable energy developers in Latin America and the Caribbean. His main responsibilities include supporting business development, managing technical assistance projects, leading investment due diligence, and monitoring portfolio performance. Prior to joining Deetken Impact, Carl worked for five years as a consultant, advising public sector clients an non profits in Canada and financial services companies in Latin America. He started his career at the Bank of Canada, where he researched issues related to household and business credit. 

Carl completed an Honours BA in Economics at the University of British Columbia. He also holds an MSc in Economics & Development from the University of Oxford, where he earned distinctions in quantitative and development economics.

You have Successfully Subscribed!

Cristobal Aguirre, Investment Analyst at Deetken Impact

CRISTOBAL AGUIRRE

Investment Analyst

 

Cristobal has over 6 years of experience in the asset management industry, where his responsibilities have ranged from asset allocation and portfolio management to risk analysis and software development. Before relocating to Canada, Cristobal worked as a senior investment analyst in AFP Habitat—Chile’s largest pension fund—where he led the tactical asset allocation and macroeconomic research for emerging markets.

Cristobal is a CFA Charterholder, and completed a BA in Economics at Universidad de Chile.

You have Successfully Subscribed!

Chad Parsons, Senior Investment Analyst at Deetken Impact

CHAD PARSONS

SeniorInvestmentAnalyst

 

Chad has worked as a consultant in business and technology for 20 years – often helping clients with their business transformation initiatives.    He has worked with start-ups, government, and established businesses to further their product and service offerings with a balanced approach.   After pursuing a research degree on leveraging technology for social and economic development; Chad has found a valuable alignment of his background with Deetken’s innovative impact investments. 

Chad completed a BS in Engineering from the University of British Columbia and has a MSc with distinction from the University of Manchester (UK).

You have Successfully Subscribed!

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from the Deetken Impact team.

You have Successfully Subscribed!