• Organization TypeImplementing NGO, Investment & Finance
  • Staff6-25
  • Development BudgetLess than 1 Million
  • Founded2015

Convergence

Convergence launched in January 2016 as the first and only platform that helps public and private investors find and connect with each other to co-invest in blended finance deals in emerging and frontier markets. Convergence will enable more investment in these markets by leveraging public and philanthropic funding to unlock billions of private sector dollars for global development – which can lead to as much as a 10x increase in overall investment. By allowing investors to quickly search databases for credible deals or co-investors that match their investment needs, Convergence will broaden investors’ networks and simplify their screening process. To identify, encourage, and support blended finance investments, Convergence will: • Connect credible private, public, and philanthropic investors with one another, to co-invest in deals posted on the platform; • Provide over $7M USD in grant funding to practitioners to design innovative finance products that would otherwise be too risky or complex to pursue; and • Ease the investment process for both new and experienced investors through a range of practical tools and resources on how to structure blended finance transactions and streamline the investment process. Blended finance investments facilitated through Convergence will magnify the impact of public and philanthropic investors’ funding by attracting additional private capital towards investments that deliver social, economic, and environmental impact. At the same time, public and philanthropic investors’ participation in these investments can reduce risk and enhance returns of emerging and frontier market investments for private investors. The platform will play a particularly important role in driving investment to close the estimated $2.5 trillion gap in funding for the Sustainable Development Goals (SDGs) which will guide the next 15 years of development around the world.
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Careers

1Current job
8Total posted jobs

Job openings over the past year

Examples of past jobs

  • Market Acceleration and Design Funding Associate
    Canada
  • Corporate Fundraiser
    North America
  • Managing Director, Regional
    Canada
  • Region Intern
    Kenya

Staff at Convergence have experience in

Sectors

  • reproductive health
  • development
  • climate change
  • monitoring / evaluation
  • systems

Funders

  • test
  • world bank group

Countries

  • canada
  • pakistan
  • united states
  • india
  • netherlands

Skills

  • managerial experience
  • business development
  • experience in recruitment
  • international experience
  • with experience in conflict areas

Contact Convergence

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