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Key people at DEG.
DEG was founded in 1999 by Neal Sharma (CEO and Co-Founder).
DEG (Deutsche Investitions- und Entwicklungsgesellschaft mbH) provides financing, advice, and support to private sector companies and financial service providers investing in developing and emerging-market countries. As a key development finance institution, it structures and implements investments designed to foster sustainable economic growth. DEG's approach integrates financial expertise with a commitment to developmental impact, focusing on areas like climate protection and job creation within its global portfolio.
The organization was established in 1962 by the German government, operating as a subsidiary of KfW Group. Its founding insight recognized the crucial role of private sector engagement in driving economic development and alleviating poverty in transitioning economies. This led to a mandate to facilitate and de-risk private capital flows into regions where conventional financing might be scarce or too expensive.
DEG primarily serves private sector enterprises and financial institutions seeking to expand or operate in developing and emerging markets. Its long-term vision centers on contributing to global sustainable development by catalyzing private investment. The institution aims to boost local economies, create employment opportunities, and support essential infrastructure, thereby shaping positive transformation in its partner countries.
DEG was founded in 1999 by Neal Sharma (CEO and Co-Founder).
DEG has 7 tracked investments across 7 companies. The latest tracked deal is $35.0M Series B in Lulalend in January 2023.
Key people at DEG.