Paul Szkiler

CEO

Truestone Impact Investment Management, West Africa, East Africa

Biography

Paul is the founder and CEO of Truestone Impact Investment Management, a City based social impact investment firm with over ten years of experience investing in frontier markets.Truestone was originally as a private client wealth manager, focussing on discretionary and advisory asset management. With more than £500 million under management, that business was sold in 2014 to focus on private equity impact investing in frontier markets.

Truestone provides seed capital and funding for early stage businesses, as well as second stage finance for expansion capital. Truestone has designed and structured a variety of investment management vehicles within the impact investing space. Impact investing is arguably becoming an emerging asset class which is gathering increased investor attention. In an asset class currently dominated by capital provided by development finance institutions, Truestone to date is uniquely funded almost entirely by private investors. Truestone has now raised over $100 million for impact investments and has a growing track record in managing and developing companies across frontier markets. In addition to Sierra Leone, Truestone currently has investments in South East Asia – Laos, Central Asia – Kyrgyzstan, and East Africa – Kenya.