In 2009, SEAF established two global facilities, the SEAF SME Debt Facility (SSDF), and the SEAF Global SME Facility (SGSF). These facilities enable SEAF and our partners to meet the financial needs of growing small businesses that would otherwise be unable to access essential growth capital. In the short term, the facilities will extend needed capital to companies in emerging markets impacted by the 2008 economic crisis and the subsequent lasting liquidity shortage. The global mandate of these facilities permits SEAF to invest this capital in the highest impact opportunities, without being limited to a specific region or sector. This has significant benefits by virtue of providing targeted SME lending across a diverse range of markets with a timely, efficient, and responsible approach. The two facilities will work in tandem to continue relationships with some of our existing portfolio companies, in addition to making new investments in promising SMEs in emerging markets around the world.