# Developing World Markets: portfolio, investments and team > Developing World Markets is a private equity based in United States. 1 investment on record, latest Oct 2016. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/dwm (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Developing World Markets Last cheque observed Oct 2016. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet Private equity Seed Series A Sustainable Underserved Tech For Good Cheques on record **0%** of best year **0** **cheques in 12 months**, 1 on record Since the last cheque **3647** days **00** hrs **00** min **00** sec Median round **$7.5M** Rounds led **0 of 1** Sole investor **1 rounds** Pitch Developing World Markets ## Developing World Markets highlights - 01 1 rounds on record - 02 Mostly Debt: 100% of its rounds - 03 Sole investor in 1 rounds, median $7.5M ## What they do > DWM’s unmatched experience provides institutional investors with risk-tailored credit strategies designed to combine competitive returns with social and environmental impact. From their own website - **Type:** Private equity (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A - **Sectors:** Sustainable Underserved Tech For Good - **Based in:** Stamford, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **1 appearances** - **2016** 1 round - **Oct** **[d.light](https://millionrounds.com/company/d-light)** Debt · US · FinSMEs **$7.5M** Sole investor An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **3 named** EA **Edward Adger Marshall** Chief Compliance Officer, Manager (Relying Adviser) i Form ADV OD **Odeta Dana Tolliver** Chief Financial Officer i Form ADV PH **Peter Hallock Johnson** Partner, Manager (Relying Adviser) i Form ADV We also hold **38** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$645M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** DWM Asset Management, LLC - **SEC number:** CRD 143224 Funds on its Form ADV **3** private funds, **$273M** in gross assets · filed Mar 2024 Private equity **2** Debt fund **1** - THE Trill Impact-DWM SDGS Credit Fund, A SUB-Fund of DWM Income Funds S.C.A. - SICAV SIF *Debt fund* 15 investors $230M - DWM Inclusive Finance Equity Fund II, A SUB-Fund of DWM Funds S.C.A. - SICAV SIF *Private equity* 7 investors $31M - DWM Microfinance Equity Fund I, A SUB-Fund of DWM Funds S.C.A. - SICAV SIF *Private equity* 4 investors $12M ## What they claim to have backed From their own portfolio page (on their website) **0** of 7 we have independently watched raise Cardano Daiwa Messaging and Design Monega Nordea SBI Tokio Marine Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## The cheque Seed Series A Median round joined **$7.5M** the round, not its cheque Alone, median **$7.5M** Led 0 of 1 rounds **0%** - **Sole investor:** 1 rounds - **Last cheque:** Oct 2016 Rounds by stage said on their site - Debt *1* - Seed said *-* - Series A said *-* **Pitching Developing World Markets?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Developing World Markets put money into. [**d.light** $7.5M · Oct 2016](https://millionrounds.com/company/d-light) ## Quick answers about Developing World Markets ### What does Developing World Markets invest in? Developing World Markets invests most often at Debt (100% of the rounds on record), in sectors such as Sustainable, Underserved and Tech For Good. ### How active is Developing World Markets? 1 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2016. ### What has Developing World Markets invested in recently? Its most recent investments on record: d.light (Debt, Oct 2016). ### How big are Developing World Markets's cheques? The median round it joins is $7.5M. ### Is Developing World Markets investing now? No investments in the last 12 months; the latest was in Oct 2016. ### What kind of investor is Developing World Markets? Developing World Markets is a private equity firm based in Stamford, United States. ### How much does Developing World Markets manage? About $645M, as regulatory assets under management (Oct 2026). ### When was Developing World Markets founded? Developing World Markets was founded in 1994. ## Raising now? 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