Filing Analysis
The company provided a routine portfolio update as of October 31, 2024, detailing the fair value and historical performance of its investments. The report highlights significant aggregate investment activity and repayment progress.
📋 Key Facts
- As of October 31, 2024, portfolio investments were fair valued at approximately $292 million.
- Weighted average loan size is approximately $10 million.
- Weighted average duration is 0.4 years.
- Total aggregate investments funded to date: approximately $1.2 billion across 103 borrower companies.
- Aggregate transaction repayments received: approximately $893.8 million (73.78% of total invested).
The company provided a routine portfolio update as of September 30, 2024, detailing its fair value assets and investment history. The filing contains no material changes to corporate structure, leadership, or financial stability.
📋 Key Facts
- Portfolio investments were fair valued at approximately $266 million as of September 30, 2024.
- Weighted average loan size is approximately $9.2 million with a weighted average duration of 0.59 years.
- Aggregate investments funded to date amount to approximately $1.2 billion across 98 borrower companies.
- The company has received approximately $893.8 million in full aggregate transaction repayments (73.78% of total invested).
TriLinc Global Impact Fund, LLC announced that CEO Gloria Nelund will temporarily assume the role of interim Chief Financial Officer following the resignation of CFO Mark A. Tipton. The filing also provided a portfolio update as of August 31, 2024.
🚩 Red Flags
- Succession risk: The CEO is now doubling as the interim CFO, which can lead to management bandwidth issues and lack of oversight separation.
- Related-party disclosure: CEO Gloria Nelund is the sister-in-law of the Company's Chief Compliance Officer and a Board member, Brent L. VanNorman.
📋 Key Facts
- Mark A. Tipton resigned as CFO effective June 30, 2024; he had been serving in an interim capacity since his departure.
- CEO Gloria Nelund has been appointed to serve as the Company's interim Chief Financial Officer while a successor is sought.
- As of August 31, 2024, portfolio investments were fair valued at approximately $266 million.
- The weighted average loan size in the portfolio is approximately $9.2 million with a duration of 0.59 years.
- Aggregate investments funded to date total approximately $1.2 billion across 97 borrower companies globally.
- The Company has received approximately $890.7 million (73.62% of total invested) in aggregate transaction repayments.
The company provided a periodic portfolio update as of July 31, 2024. The report details the fair value of investments and regional distribution of funded capital across Sub-Saharan Africa, Latin America, Southeast Asia, and Emerging Europe.
📋 Key Facts
- As of July 31, 2024, portfolio investments were fair valued at approximately $266 million.
- The weighted average loan size is approximately $9.2 million with a weighted average duration of 0.59 years.
- Total aggregate investments funded to date amount to approximately $1.2 billion across 98 borrower companies.
- The company has received approximately $890.7 million in full aggregate transaction repayments (73.62% of total invested).
- Regional funding breakdown: Latin America ($381.16M), Sub-Saharan Africa ($501.61M), Southeast Asia ($189.24M), and Emerging Europe ($24.10M).
The company provided a periodic portfolio update as of June 30, 2024, detailing its investment activities and fair values across various developing regions. The report highlights significant aggregate funding and repayment figures for its impact-focused lending operations.
📋 Key Facts
- As of June 30, 2024, portfolio investments were fair valued at approximately $259.4 million.
- Weighted average loan size is approximately $8 million with a weighted average duration of 0.76 years.
- The company has funded approximately $1.2 billion in aggregate investments to 93 borrower companies.
- Received approximately $890.7 million in full aggregate transaction repayments (73.62% of total invested).
- Regional funding breakdown: Latin America ($381.16M), Sub-Saharan Africa ($501.61M), Southeast Asia ($189.24M), and Emerging Europe ($24.10M).
The company provided a routine portfolio update as of May 31, 2024, detailing the fair value and regional distribution of its investments. The report highlights significant aggregate funding and repayment figures across various developing economies.
📋 Key Facts
- Portfolio fair value as of May 31, 2024: approximately $259.3 million.
- Weighted average loan size: approximately $8 million.
- Weighted average duration: 0.76 years.
- Aggregate investments funded to date: approximately $1.2 billion across 93 borrower companies.
- Total repayments received: approximately $890.7 million (73.62% of total invested).
- Regional breakdown includes Latin America ($381.16M), Sub-Saharan Africa ($501.61M), Southeast Asia ($189.24M), and Emerging Europe ($24.10M).
TriLinc Global Impact Fund, LLC announced the voluntary resignation of its Chief Financial Officer, Mark A. Tipton, effective June 30, 2024. Mr. Tipton will serve as interim CFO while a permanent successor is sought.
🚩 Red Flags
- Sudden departure of a key C-suite executive (CFO) can sometimes signal internal friction or disagreements over financial reporting, though the filing states it is voluntary for 'another opportunity'.
📋 Key Facts
- Mark A. Tipton resigned as CFO on June 10, 2024, to pursue another opportunity.
- The resignation becomes effective on June 30, 2024.
- Mr. Tipton will serve as interim CFO and principal financial/accounting officer during the search for a successor.
- As of April 30, 2024, the portfolio investments were fair valued at approximately $259.3 million.
- The company has funded approximately $1.2 billion in aggregate investments to date.
The company provided a routine portfolio update as of April 30, 2024, detailing its investment activities and fair values across various emerging markets. The report highlights significant aggregate investments and repayments from trade finance and term loan facilities.
📋 Key Facts
- As of April 30, 2024, portfolio investments were fair valued at approximately $259.3 million.
- Weighted average loan size is approximately $8 million with a weighted average duration of 0.76 years.
- The company has funded approximately $1.2 billion in aggregate investments to 93 borrower companies.
- Received approximately $890.7 million (73.62% of total invested) in full aggregate transaction repayments.
- Regional breakdown: $381.16M in Latin America, $501.61M in Sub-Saharan Africa, $189.24M in Southeast Asia, and $24.10M in Emerging Europe.
The company provided a routine portfolio update as of March 31, 2024, detailing its aggregate investments and regional distribution. The filing serves as an informational disclosure regarding the fund's asset valuation and deployment status.
📋 Key Facts
- As of March 31, 2024, portfolio investments were fair valued at approximately $261.6 million.
- Weighted average loan size is approximately $8 million with a weighted average duration of 0.76 years.
- Total aggregate investments funded to date: approximately $1.2 billion across 93 borrower companies.
- Total repayments received: approximately $893.4 million (73.84% of total invested).
- Regional breakdown includes $501.61M in Sub-Saharan Africa and $381.16M in Latin America.
The company provided a routine portfolio update as of February 29, 2024, detailing its aggregate investment activities and fair value across various international regions.
📋 Key Facts
- As of Feb 29, 2024, portfolio investments were fair valued at approximately $252.9 million.
- Weighted average loan size is approximately $8 million with a weighted average duration of 0.76 years.
- Total aggregate investments funded to date: ~$1.2 billion across 93 borrower companies.
- Aggregate transaction repayments received: ~$880.8 million (73.13% of total invested).
- Regional breakdown includes $505.23M in Sub-Saharan Africa and $381.16M in Latin America.
The company provided a routine portfolio update as of January 31, 2024, detailing the fair value and regional distribution of its investments. The report highlights significant aggregate investment activity across Sub-Saharan Africa, Latin America, Southeast Asia, and Emerging Europe.
📋 Key Facts
- Portfolio investments were fair valued at approximately $252.9 million as of January 31, 2024.
- Weighted average loan size is approximately $8 million with a weighted average duration of 0.76 years.
- Total aggregate investments funded to date: ~$1.2 billion across 93 borrower companies.
- Aggregate transaction repayments received: ~$875.6 million (72.7% of total invested).
- Regional breakdown includes $505.23M in Sub-Saharan Africa and $381.16M in Latin America.
The company provided a routine portfolio update as of December 31, 2023, detailing its investment footprint across Sub-Saharan Africa, Latin America, Southeast Asia, and Emerging Europe.
📋 Key Facts
- As of Dec 31, 2023, portfolio investments were fair valued at approximately $252.9 million.
- Weighted average loan size is approximately $8 million with a weighted average duration of 0.76 years.
- Aggregate investments to date total approximately $1.2 billion across 98 borrower companies.
- Received approximately $875.6 million in full aggregate transaction repayments (72.7% of total invested).
- Regional breakdown: Latin America ($381.16M), Sub-Saharan Africa ($505.23M), Southeast Asia ($189.24M), and Emerging Europe ($24.10M).