CrossBoundary Group, founded in 2011, has established itself as a pioneering investment firm focused on emerging and frontier markets [1]. With over 200 team members across more than 20 global offices, the organization maintains a strong local presence, with 80% of staff based in the markets they serve [3].
Under the leadership of co-founders Matthew Tilleard (Harvard Kennedy School MPA, Stanford MBA) and Jake Cusack (Harvard Kennedy School MPP, Harvard Business School MBA), alongside Managing Director Kate Wharton, the organization has developed comprehensive expertise across multiple sectors:
- Investment Advisory Services [2]
- Renewable Energy through CrossBoundary Energy
- Educational Infrastructure
- Natural Capital and Conservation Finance
- Investment Facilitation in Transitional Markets
The firm's operational approach is guided by ten core virtues, emphasizing excellence, integrity, and results-driven action [4]. This framework supports their delivery of specialized services across five core competency areas:
- Procurement Advisory: Design of Feed-in Tariffs and renewable energy investment acceleration
- Due Diligence: Investment barrier analysis and regulatory insights
- Fundraising Support: Capital partner matching and investment sourcing
- Landscape Assessment: Risk and opportunity evaluation
- Policy Development: Renewable energy sector growth structuring [1]
In recent years, CrossBoundary has demonstrated significant growth in sustainable initiatives, particularly through their federal market engagement. Key activities include:
- USAID Collaboration:
- Carbon Investment Facilitation Platform in Mozambique (2023) [9]
- Transaction advisory services for carbon credit projects
- World Bank Group Partnerships:
- Climate and nature financing advisory for African nations (2022)
- Marine Conservation Trust Fund design for Red Sea protection initiatives [9]
The organization has further expanded its impact through strategic developments and partnerships. Recent achievements include:
- Launch of a major early-stage funding facility for nature-based carbon projects with Imperative [1]
- Securing $10 million from AfDB's Sustainable Energy Fund for Africa [2]
- Open-sourcing of project financing templates supporting over $80 million in African mini-grid developments [3]
The firm continues to expand its environmental leadership through strategic initiatives: