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Convergence Blending Global Finance

About Us

Convergence is the global network for blended finance. We generate blended finance data, intelligence, and deal flow to increase private sector investment in developing countries.

We exist because traditional development aid from public and philanthropic sources is just not enough to realize the United Nations Sustainable Development Goals (SDGs) which face an annual $2.5 trillion funding gap.

At Convergence we believe that blended finance can disrupt traditional development finance as we know it, by attracting private sector funds to developing countries in volumes never before seen. The money’s there, $2.5 trillion represents less than 1% of global finance markets.

By using catalytic capital from public or philanthropic sources to scale-up private sector investment in developing countries, blended finance has the potential to result in as much as a ten-fold increase in investment. In fact, based on our data, blended finance has already mobilized over $100 billion.

We’re going to bring this number into the trillions.

What we offer

A Global Network

206+ public, private & philanthropic member institutions

Data & Intelligence

Original blended finance knowledge and analysis

Deal Flow

An online deal & investor matchmaking platform

Market Acceleration

Grants for the design of innovative blended vehicles

Team

Joan M. Larrea

Chief Executive Officer

Christopher Clubb

Managing Director, Europe

Ladé Araba

Managing Director, Africa

Safia Gulamani

Associate Director

Sijia Yi

Head of Communications

Aaron de Mello

Lead Developer

Ayesha Bery

Associate

Peter Wamicwe

Associate, Africa

Stephanie Colaco

Associate, Operations

Manissa Patel

Director of Finance, Admin, and Compliance (on leave)

Governance

Board of Directors

David Creighton

Senior Advisor, EMPEA and Founder, Cordiant Capital Inc. (Chair)

Yana Kakar

Global Managing Partner, Dalberg Global Development Advisors

Walt Macnee

Vice Chairman, MasterCard Worldwide

Will Poole

Managing Partner and Co-Founder, Capria

Jim Bildner

CEO, Draper Richards Kaplan Foundation

Phil Bennett

Senior Advisor, Endeavor

Funding Committee

Agnes Dasewicz

Rockefeller Foundation Fellow

Rick Nogueira

Senior Advisor

Partners and Funders

Convergence was conceived under the World Economic Forum and the Organisation for Economic Co-operation and Development’s Development Assistant Committee’s (OECD-DAC’s) ReDesigning Development Finance Initiative. Convergence was designed and launched by the Global Development Incubator and Dalberg Advisors. We are funded by the Government of Canada. Past funders include the Citi Foundation and Ford Foundation.

Contact Us

Toronto HQ
110 Yonge Street, Suite 1704,
Toronto, ON M5C 1T4,
Canada
Nairobi Office
2nd Floor, Eaton Place, Suite 204,
United Nations Crescent, Gigiri,
Nairobi, Kenya 00621
General Inquiries
Membership Inquiries
Media Inquiries
Design Funding