Fund manager
The Development Guarantee Group is a dedicated guarantee product development and management platform focused on developing innovative risk guarantee solutions to solve some of the world’s most pressing development challenges.
The Development Guarantee Group is incorporated in the United Kingdom as a private limited company which was co-founded in January 2021 by Lasitha Perera and Boo Hock Khoo with the vision of creating a market leading developer of guarantee solutions to solve some of the world’s most pressing development challenges and the world’s first dedicated manager of guarantee companies and funds.
Cardano Development is the Development Guarantee Group’s institutional shareholder and brings risk management expertise, both from a financial and a governance perspective, which is why it is trusted by multiple governments and development finance institutions globally, to manage USD 3 billion of their capital.
All of The Green Guarantee Company management, administration and reporting will be contracted to The Development Guarantee Group. This will include delegated authority to make investment decisions on behalf of The Green Guarantee Company in line with a mandate approved by The Green Guarantee Company Board and ensure The Green Guarantee Company policies and procedures are operationalised.
