Microvest Capital Management LLC

**Summary:** **Background and Expertise:** DAI Fund Management, LLC, operating as MicroVest Capital Management, was founded in 2003 and registered as an investment adviser with the SEC in 2010. The firm specializes in providing debt and equity capital to responsible financial institutions serving populations at the bottom of the economic pyramid globally. **Consumer-Facing Terms:** - Minimum Initial Investment: Varies for different Private Investment Funds, with some no longer accepting new subscriptions. - Fee Structure: Management fees range from 1.00% to 2.5% per annum, with additional performance-based fees for certain funds. - Fiduciary Status: Acts as a fiduciary in the best interests of clients. - Investment Discretion: DFM has discretionary authority over the Private Investment Funds, tailoring services to individual Accounts. - Investment Philosophy: Focuses on microfinance institutions, pro-poor finance institutions, and responsible financial institutions in developing countries. **Investment Discretion:** DFM has discretionary authority over the Private Investment Funds, tailoring services to individual Accounts. **Investment Philosophy:** DFM focuses on providing debt and equity capital to responsible financial institutions serving populations at the bottom of the economic pyramid globally. This summary provides an overview of DAI Fund Management, LLC's background, expertise, consumer-facing terms, investment discretion, and investment philosophy as outlined in the brochure.