news - Nic Wessemius appointed as Managing Director of FMO IM

Nic Wessemius is appointed as Managing Director of FMO Investment Management BV (FMO IM). FMO IM is FMO’s wholly owned investment firm, which provides investors access to FMO’s deal flow in sustainable emerging market investments. By joining forces, we scale up our contribution to the UN Sustainable Development Goals. Nic co-established FMO IM with former Managing Director Yvonne Bakkum in late 2012, and developed it into an investment firm in 2015. In little over a decade FMO IM invested well over USD 1 billion for institutional and private investors, supporting an estimated 125,000 jobs and avoiding roughly 400,000t GHG emissions.

Since 2012 Nic was responsible for business development and investment solutions for FMO Investment Management. In this role he played a pivotal part in co-developing all the fund strategies and structures for which FMO IM currently operates and will operate in the near future. These new fund strategies have helped FMO to become a frontrunner among DFIs in mobilizing private capital for the Sustainable Development Goals (SDGs) and bringing this at scale.

Huib-Jan de Ruijter, co-Chief Investment Officer FMO: “We are very happy that Nic, as one of the founding members, has accepted the role of Managing Director of FMO Investment Management. We are fully confident that he will be able continue to attract more private capital to invest alongside FMO in support of the SDGs. He has been a vital part in building this successful new line of impactful business for FMO.”

Nic: “It is a great honor to take over the role as Managing Director of FMO Investment Management. Over the past decade we have built a solid foundation to scale up impact investing for a wide range of investors, generating attractive impact, risk and return. Building on FMO’s experience we intend to grow our portfolios in the near future. The SDGs require trillions of investments each year and while we are not able to service that much capital ourselves, we are very capable of  mobilizing from millions to billions by leveraging FMO’s progression model.”

For more information, please visit www.fmo-im.nl