MicroVest Fellowship Program Welcomes Douglas Young

MicroVest is happy to welcome Douglas Young as the newest member of the MicroVest Investment Team.

Bethesda, MD (PRWEB) July 7, 2006 -- MicroVest is happy to welcome Douglas Young as the newest member of the MicroVest Investment Team. Young joined MicroVest under the Investment Fellowship Program. As a Fellow, Young will market and originate loans, analyze microfinance institution and country risk, and monitor portfolio investments, with a focus on Latin America.

Prior to joining MicroVest, Young worked as a Senior Manager with the Ernst & Young Capital Markets Group in Santiago, Chile, managing Chilean cross-border transactions. He also has experience analyzing microfinance investments for the Rockefeller Foundation Program Venture Investments (ProVenEx).

He received an MBA from the University of California – Berkeley, Haas School of Business. While pursuing his graduate studies, he initiated a student-led microfinance speaker series. Young won the Boston College Center for Corporate Citizenship’s Best MBA Paper in 2005. He has a long history of civic responsibility through volunteer efforts in his local community, Mexico, and the Appalachians. Young also spent a year after college volunteering for the homeless with the Jesuit Volunteer Corps in Atlanta, Georgia. Young is a CPA and earned his Bachelor’s degree in accounting at Loyola College in Maryland where he graduated Magna Cum Laude. He is fluent in Spanish.

About MicroVest Capital Management:
MicroVest (Bethesda, MD) is a $23 million investment firm providing debt and equity capital and management oversight to microfinance institutions (MFIs) in emerging markets. It is the first private equity microfinance investment firm in the United States. MicroVest’s goal is to expand the capacity of existing, profitable MFIs throughout the world while building capital markets that work for the poor. MicroVest was founded by CARE, MEDA and the Seed Capital Development Fund - three non-profit organizations with longstanding credibility in the microfinance industry.

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