The Soros Economic Development Fund (SEDF) supports economic development in post-conflict countries and in nations transitioning to democracy. We promote economic opportunities and access to information, products and services for underserved populations. We invest in sustainable businesses or initiatives that strive to alleviate poverty by creating jobs and revitalizing deteriorating communities. SEDF is a nonprofit private foundation that is part of the Open Society Foundations, a network of charitable foundations created by investor and philanthropist George Soros. Established in 1997, SEDF has over $200 million in investment capital and employs 15 people in New York, Budapest, Freetown, Johannesburg and Nairobi.