FS Impact Finance Caucasus, based in Yerevan, Armenia, is a specialised company providing financial and ESG monitoring and reporting services to impact-focused fund managers. As a separate legal entity part of the FS Impact Finance Group, it ensures high-quality portfolio oversight and reliable reporting across diverse geographies and sectors.
The team delivers monthly monitoring and reporting that covers both financial and non-financial performance. This includes:
- Comprehensive reporting of financial, ESG, and impact data
- ESG and impact monitoring aligned with fund-specific positive criteria as well as international standards such as Principal Adverse Impact (PAI), SPI, and ALINUS
- Annual reconciliations with investees’ audited financial statements
- By combining financial accuracy with consistent ESG and impact tracking, FS Impact Finance Caucasus provides investors with reliable, comparable, and actionable information – ensuring compliance with regulatory requirements while reinforcing impact objectives
This ensures accuracy, comparability, and consistency, enabling investors to meet both regulatory requirements and impact objectives.
With extensive international expertise, FS Impact Finance Caucasus has built a strong track record in supporting fund managers in navigating complex financial and sustainability monitoring and reporting requirements:
individual deals monitored and reported
microfinance institutions and SME banks covered
countries and 17 local currencies
Data as at August 2025
FS Impact Finance Caucasus combines rigorous analysis with tailored tools to strengthen portfolio resilience:
- Proprietary internal rating tool
- Portfolio analysis and interactive dashboards
- Monitoring and reporting of loan covenant breaches
- Cash flow and repayment monitoring
- Country risk analysis
These systems provide fund managers with early warning signals and actionable insights for strategic decision-making.
The Team consists of 7 dedicated experts with 50+ years of combined experience in the impact finance sector. Their diverse expertise is complemented by a strong international profile, with fluency in 7 different languages.
This combination of technical know-how, cultural understanding, and multilingual communication enables effective collaboration with partners and investees worldwide.
