Microfinance and impact firm Mikro Kapital opens in Hong Kong

'Stimulating the growth of small companies that are the backbone of communities'

Mikro Kapital, a Luxembourg-headquartered impact finance and microfinance firm, has opened a new office in Hong Kong and has appointed Danny Howell as its new CEO for Asia.

Howell will work closely with Mikro Kapital’s chair and founder, Vincenzo Trani, to create opportunities for Asia-based family and multi-family offices seeking access to microfinance and impact finance investment opportunities.

Howell was previously a partner at St. James’s Place Wealth Management in Hong Kong and before that led and established the offshore wealth management arm for Beijing-based fintech firm CreditEase, where he was managing director and head of offshore wealth management. Prior to that, he was head of Asia wealth management at Towers Watson.

“We are delighted to welcome Danny to lead the corporate strategy from Hong Kong and across Singapore and the rest of Asia through Mikro Kapital (HK). His deep understanding of the region and his work in China, Hong Kong, Singapore, Korea, Japan and the southeast Asia markets represents a huge advantage for Mikro’s expansion plans,” said Trani.

“As investors seek refuge from the turbulence in the global financial markets, our investment strategy focusing on the small but economically important businesses in the core industrial, agricultural and service sectors along the Silk Road, we look forward to being able to support Asian investors who want to participate in the ‘real economies’ of developing markets through microfinance solutions.”

Howell said: “I am thankful to Vincenzo for welcoming me to the Mikro Kapital team and for this unique opportunity to be part of a social investment movement that puts society and local economies at the heart of its business.

“[This enables] Asian investors to have a direct influence on stimulating the growth of small companies that are the backbone of communities and economies across this very diverse region.”