Center for Microfinance to become constituting part of the new Center for Sustainable Finance and Private Wealth (CSP)

Zurich, 4. April 2017

The Center for Microfinance (CMF) is pleased to announce its new face and shape! During eight exciting years packed with research and teaching initiatives, the CMF team witnessed how its original focus, microfinance, grew and evolved into the broader field of financial inclusion and became an even more visible part of impact investments and the entire field of sustainable finance. Our own research and teaching portfolio diversified accordingly. To reflect these changes, the CMF decided to join forces with a timely new initiative at the Department of Banking and Finance, and become part of the newly created Center for Sustainable Finance and Private Wealth (CSP). We look forward to continuing and broadening our work in financial inclusion and sustainable finance and its nexus to private wealth in this new set up.

About CSP:

On February 1^st, 2017, the University of Zurich established the Center for Sustainable Finance and Private Wealth (CSP) at the Department of Banking and Finance. The CSP’s establishment is motivated by and bases its work on the co-occurrence of two phenomena: the increasing relevance and track record of sustainable finance, and the increasing concentration of private wealth. The CSP is uniquely positioned at the nexus of these phenomena. It is based on the expertise of the “Impact Investing for the Next Generation” research and training program co-created in 2015 by Dr. Falko Paetzold at the Initiative for Responsible Investment at the Harvard Kennedy School, and the Center for Microfinance at the Department of Banking and Finance that was created in 2009 by Dr. Annette Krauss.

More information on the new center can be found at our new site www.csp.uzh.ch