Shareholders
Crimson Finance Fund Albania was established by four founding shareholders: the Albanian-American Development Foundation, Norfund, the Municipality of Tirana, and Crimson Capital Corp.
In 2020, Helenos joined the shareholding structure of CFFA by overtaking the shares of Norfund and increased Equity. As a result, while Norfund is no longer a direct shareholder of CFFA, it remains indirectly involved through its participation in Helenos.
Our shareholders
Helenos is the first private equity fund for inclusive finance in Europe. Its mission is to strengthen the capital base of financial intermediaries targeting micro, small, and social enterprises by providing equity, subordinated financing, and senior financing.
Helenos is managed by Inpulse Investment Manager, a Belgian asset manager owned by SIDI and Credit Cooperatif.
The Albanian-American Development Foundation, AADF, is a legacy organization of the Albanian-American Enterprise Fund, AAEF, which was created by the SEED Act of the United States Congress in 1995.
AADF was established in 2009 as a non-profit US entity operating in Albania as a promoter of development and sustainable growth of the private sector. So far, it has committed over USD 150 million in more than 85 development projects, with the majority of the Albanian people directly benefiting from its impact.
With more than one third of Albania's population moving toward the capital, through CFFA, the Municipality of Tirana aims to support the growth of SMEs in the Tirana region as a key employment engine for integration and sustainable growth.
Crimson Capital Corp. has been supporting SMEs in developing and emerging countries across five continents by achieving USD 8.5 billion in equity, foreign direct investments, and financing for thousands of companies, resulting in over 50,000 new jobs.
Crimson Capital has been present in the Balkans since 1995.
