Challenging ourselves to look for strategic opportunities that can unlock investments for clients led us to partner with CrossBoundary—a frontier markets firm whose mission is to provide private capital to underserved markets. Through 16 offices on five continents, the CrossBoundary team advises entrepreneurs, investors, Fortune 500 companies and policymakers on frontier market investments, and invests client capital in sustainable energy projects.
The fund aims to connect rural homes and businesses in Africa to mini-grids to bring electricity to 170,000 people. Pictured is a mini-grid project in Tanzania that is being developed by PowerGen Renewable Energy. This project will build 60 grids, connecting 7,000 homes and businesses, and over 34,000 people to electricity.
“With Brown Advisory, we have found a truly aligned partner. Together, we look forward to pursuing our mission of bringing private capital to underserved markets, which might be considered frontier today but will be the mainstream growth stories of tomorrow.” –Jake Cusack, Co-Founder and Managing Partner, CrossBoundary