# SIMA Funds

SIMA Funds is an Asset Manager.

## Overview

- **Organization type:** Asset Manager
- **Assets under management:** Undisclosed
- **Website:** simafunds.com

## Regulatory record

- **Reports private funds:** No

## About

SIMA Funds is a New York-based firm that provides demand-driven commercial capital and advisory solutions. It has made 10 investments, including a Recap investment in SolarWorks! on April 28, 2023.

## Questions

### Which sectors does SIMA explicitly avoid?

SIMA's mandate restricts investment to enterprises that serve bottom-of-the-pyramid consumers or build supply chains reaching low-income populations. The firm avoids fossil-fuel generation, extractive industries, and enterprises whose primary customer base is middle-income or affluent. Within financial inclusion, SIMA stays away from consumer-lending models that charge above-market interest rates.

### How is SIMA Funds related to the SIMA Angaza Distributor Finance Company?

SIMA Angaza operates as a parallel vehicle under the same management company, created specifically to extend working-capital and inventory-financing loans to last-mile distributors of solar products and clean cookstoves. It launched with $25 million in equity commitments from development finance institutions and foundations. Unlike the commercial debt fund, SIMA Angaza targets smaller loan sizes and includes a grant-funded technical-assistance component for borrower capacity building.

## Related profiles

- [Endeavor Capital Management](https://altss.com/profile/endeavor-capital-management)
- [Environmental Capital Partners](https://altss.com/profile/environmental-capital-partners)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/sima-funds

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