OPIC Selects Alitheia Capital as Originator in Enterprise Development Network
April 15, 2010
WASHINGTON, D.C. – The Overseas Private Investment Corporation (OPIC) has selected Alitheia Capital, an investment and advisory firm, 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.
Alitheia Capital’s mission is to broaden the ownership of businesses and real estate; to this end, the company is committed to “Doing Well, While Doing Good.” The company is focused on private equity investments in businesses, microfinance institutions and real estate assets. Alitheia’s business streams include fund management, business incubation and real estate investments and advisory. Visit Alitheia on the web at www.thealitheia.com.