Finnfund is a Finnish development finance company that provides long term risk capital for financing socially responsible, profitable projects in developing countries. Finnfund is owned by the State of Finland (84.2 %), Finnvera (15.7 %) and Confederation of Finnish Industries EK (0.1 %).
Finnfund invests on market-related terms, but is able to provide long term financing for projects in challenging markets, where the availability of such financing from commercial sources is often highly restricted.
Funding can be in the form of equity capital, mezzanine financing or long term investment loans. Both CDC and Finnfund are members of the EDFI (the Association of European Development Finance Institutions) a group of 17 bilateral institutions, which provide long term private sector finance for developing economies.