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HCM Capital Joins 150 Other Financial Institutions to Promote SME Finance

HCM Capital Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. November 27, 2018 – HCM Capital (HCM) became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. 

“200 million businesses worldwide need financing to invest, grow and create new jobs. We are proud to have HCM join our network of 150 members who work to expand access to finance for small and medium businesses,” said Matthew Gamser, CEO of the Forum. 

HCM, founded in 2015, is an independent private equity firm headquartered in Beijing. With a “digitally economy” investment approach, HCM is centered around innovative company investments and supporting extraordinary entrepreneurs. Consistent with its core LP Foxconn Technology Group’s business direction, HCM integrates the group’s business ecosystem into investments.  

“The Forum provides an exceptional platform to explore regulation and new technologies,” said Jack Lee, Founding Managing Partner of HCM. “Their progressive discussions on how the market is evolving has proved to be a trustworthy resource for our organization.”   

To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list 

About SME Finance Forum 
The Forum operates a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. Its members share a common commitment to advancing finance so that small and medium enterprises can flourish and grow. The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 and is managed by the International Finance Corporation (World Bank Group). 

About HCM Capital 
HCM Capital is a private equity firm backed by its core LP Foxconn Technology Group. The fund invests in pioneering growth stage technology companies, with a focus on the digital economy theme in China and the US markets.  

Media Contact 
Carmen Smith 
csmith11@ifc.org 

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