TIAA-CREF Microfinance Equity Fund

Feb 25, 2009 — TIAA-CREF, the leading provider of retirement savings products and services in the academic, research, medical and cultural fields, today announced a $40 million investment in Developing World Markets Microfinance Equity Fund I (“Fund”). In 2006, TIAA-CREF created a $100 million Global Microfinance Investment Program (GMIP) to invest in selected Microfinance Institutions (MFI’s) worldwide and this new investment continues that commitment. (full press release)