Invest in TCX
TCX brings together public and private investors to expand access to local currency finance across emerging and frontier markets.
TCX brings together public and private investors to expand access to local currency finance across emerging and frontier markets.
Extend the reach of development finance
Investors support a diversified platform that absorbs currency risk across many markets and transactions.
Participation can strengthen their own capacity to provide local currency financing while contributing to more resilient borrowers and deeper local currency markets.
A regulated fund with a development mandate
The Currency Exchange Fund N.V. is managed by TCX Investment Management Company B.V.
Investment is subject to the Fund's governing documents, applicable law and the eligibility of the prospective investor.
TCX is supported by governments, development finance institutions, multilateral institutions and impact investors.
Most investors participate in TCX for strategic reasons, to hedge frontier market currency risk to support their business interests.
By providing its investors with the ability to transfer their local currency risks to a centralized pool with focused management and better diversification than each can achieve on its own, TCX allows its investors to focus on providing long-term local currency loans to clients in frontier markets.
TCX’s hedging capacity is preferentially allocated to its investors, their clients and parties introduced.
Public reports are available on the website. Eligible investors can access additional information through the Investor Portal.