The Meloy Fund
Earning Returns for People, Nature, and Impact Investors
Small-scale coastal fisheries are in crisis. Despite being critical to food security, local livelihoods and protection from climate change, these fisheries have both a governance and economic problem. Without better management of coastal fisheries, fish stocks and the revenue they generate for local communities are at risk. Without the availability of finance to support these coastal ecosystems, an environmental problem could turn into a humanitarian crisis.
Rare established the Meloy Fund as the first impact investment fund focused solely on coastal fishing enterprises in the developing tropics. Where few others saw value, Rare saw triple bottom-line returns for people, for nature, and for impact investors.
Sponsored by Rare and managed by Deliberate Capital, the Fund invests in fishing and seafood-related enterprises to support or transform business models into those that incentivize the adoption of Environmental, Social, and Governance (ESG) compliance and sustainable practices and operations. The Meloy Fund is demonstrating the opportunity for investors to not only earn a competitive return on their investment, but help to make a difference in some of the most climate-vulnerable coastal ecosystems and communities on the planet.
Supporting the Backbone of Coastal Economy Supply Chains
The Meloy Fund invests in businesses that are too big for microfinance, but too small for large-scale private equity funds, supporting growth-stage enterprises that form the backbone of coastal economy supply chains. To maximize impact, the Meloy Fund also provides non-dilutive grant funding through a Technical Assistance Fund. The Technical Assistance fund addresses ESG deficiencies while providing world-class expertise to portfolio companies to improve business performance as well as promote sustainable practices throughout the supply chain.
Meet Soraida Omar, CEO of Agromar Enterprises, which is one of the sustainable businesses supported by the Meloy Fund.
The 2021 Meloy Fund Annual Impact Report
The Meloy Fund’s Annual Impact Report provides an update on the Fund’s 2021 impact results, contains detailed examples of how we work hand-in-hand with our investees and other community, NGO, and government partners, and explains our evolving approach and progress made toward the sustainability for coastal fisheries and aquaculture.
Partners & Investors
Meloy’s investors and partners provide investment capital, grant funding, and other support. They include: