Two new players have joined the developing world’s burgeoning social investing scene: Unitus Capital, a financial advisory firm serving microfinance institutions (MFIs) in Asia, and IGNIA Partners, South America’s first social venture capital fund.

Bangalore, India-based Unitus Capital (UC), which launched in July, provides a range of financial advisory and consulting services for mid- to late-stage microfinance institutions. The firm spun out of Unitus Inc., an international nonprofit...

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